Flash crash? Was that a flash crash to 73p or a glitch in Google finance??
Weekly 200sma is at 107.5p Thought I'd share the stat. 140p price forecast at least for the next 4 weeks does not seem far fetched now. And we are way of the highs too. So mine as always is not an investor's target but purely a trade target based on my project fib levels and chart support / resistance . Whatever projection I use I remain bullish here. I have added all along this great rise . Nice to see that whilst so many chase multi baggers I am left peacefully to track break outs and trend type charts . My favourite of them all. Patiently moving north . No ramps needed here
Finally broke out ! 120-140p next target . 100p was just a typical psychological level and took out the previous recent high Trend is up .With dollar revenues going to be so positively impacted, FXPO has a lot to move up in my opinion DYOR as always but chart does not lie 140p here we come , at least for now ,
Re: trend & volume I went through a phase of using them regularly. I've got the definitive guide book by Jeremy du Plessis as a couple of years ago when I had an Updata subscription David Linton used to push the technique a lot. Now I tend to let the function on the stockcharts site do the work and use this an another indicator along with the stage analysis principles of Weinstein.
whats happened to all the posts from 16th November to 1st December - all disappeared.
Until then, definitely need nerves of steel in this climate for metals.
Will add to position if any positive news comes out from this co.