Argo Blockchain Share Discussion Threads

[saturdaygirl] 18/1/2021 22:18

Using your gaps theory the one at 80p is the only one not covered .



Edit and one at 20p !!

[2tyke] 18/1/2021 22:14

SNF,

Yes, i'm looking to buy. I sold out completely just after the top was in.
These 4th wave consolidations are always slow and messy. Just when you think they might be finishing, they carry on going lower.
Have you noticed the gap in the 4hr chart at just below 60p ?
Will it need filling ??

[suffersnofools] 18/1/2021 22:02

Lol - I've made a living out of it for 20 years yump. Do you think I care what you think? You seem a decent enough chap but you're simply not qualified to have an opinion that matters to me. To me it's like someone saying they don't believe in gravity.

[crypto nugget] 18/1/2021 22:01

nico115 - filtered.

Sorry mate. Continual sniping at SNF and tiresome twaddle gets right on my Bristol's.

I didn't think it was a competition.

[suffersnofools] 18/1/2021 21:49

We live inside a simulation Yump.

[yump] 18/1/2021 21:46

Seems like the Elliot waves are controlled by aliens then, if nothing anyone can do on earth can change what will happen.

The dangerous thing is there’s a 50/50 chance of it being right ie it will be wrong or right so 50% chance of face credibility

[suffersnofools] 18/1/2021 21:41

Agreed :)My abc on the 4hr - a completed on the 11th @87p, b 14th jan @121, c today @86pI imagine it's the c completing that you can make a case going lower?I just liked that it's coincident with the .618 retracement level but you can make a case for 78 I guess.The good news is what comes after though :)You planning on buying in?

[nico115] 18/1/2021 21:40

My analysis fits in I'mLooking at placing size and volume since rns We need to dropFurther But another 30m traded and that's the indigestion done Hoping to see my SNF buy more in low 80s

[saturdaygirl] 18/1/2021 21:32

Thanks for that link , i have a few of these .

[2tyke] 18/1/2021 21:30

SNF,

If you can make a case out for an ABC down as being complete, you are actually supporting what I say (again).
I told nico that ARB cannot rise until the 3 waves down are complete. That is the case..period.
In terms of 'probabilities' arb is likely to make a new low below that of last weeks print.
But that's open to debate.

[nico115] 18/1/2021 21:27

Thx mate Love funky

[uapatel] 18/1/2021 21:27

Thanks for the YouTube link. Mateus has it nailed.

[suffersnofools] 18/1/2021 21:18

Funky finance is excited As well! hTtPs://youtu.be/ZCkN2MNGAew

[aidenabettin] 18/1/2021 21:17

hTTps://zycrypto.com/biden-confirms-gary-gensler-as-sec-chairman-whats-in-store-for-bitcoin-and-crypto/

[uapatel] 18/1/2021 21:12

Thanks SNF. Not sure I’m capable of getting involved in discussions on Charting, Elliot waves and the like, so not much to add.

Just trying to appreciate how Peter and the team are building an amazing business here. The shareholder engagement with recent video feedback is brilliant and worth revisiting when I’m getting unsure of where we are heading and have drops in the share price like today.

Onwards and upwards.

[nico115] 18/1/2021 21:03

Thanks SNF x

[nico115] 18/1/2021 21:03

Im not into waves I'm an ex marker maker And I have been following smaller cos movements for over 30 years I've had disclosable stakes in gld dwha ekt Spsy Blu Val PST bsg but for some reason I'm more nervous with Argo than I was with any of them !!Being long at 10p increases the nerves !!

[suffersnofools] 18/1/2021 21:02

Nice to have you back uapatel A pleasant respite from recent zombie invasion!

[uapatel] 18/1/2021 20:52

I was lucky enough to buy my first lots of ARB in the 5-6p zone in mid October 2020. Today we had a private placement at around £22.5m. Not bad for a company that had a market cap of around £20m in mid October. (Assuming 330m shares @ 6p is approx £20m).

Well done Peter and the team at Argo Blockchain. The increased machines anticipated will certainly help our way to get to £1B Mcap at some point.

Appreciate it’s easier to take today’s RNS when your well into profits and have taken a lot off the table already. But seriously think this year will be amazing for us.

Good luck all holders.

[maddymoo] 18/1/2021 20:47

2tyke

Which wave are we in?
Where do you see the bottom of wave 3?

Thanks

[suffersnofools] 18/1/2021 20:47

Well that's not strictly true. I'm with you most of the way 2tyke but I can make a case for an ABC having completed today if I pick the correct timeframe.And if a bid came in tomorrow @300p your count is toast.It's all about probabilities and having an edge but if all ew counts went to plan I'd already be on that yacht.When I hear people saying WILL or inevitable, in terms of a share price, be that based on TA or 'fundamentals' I tend to think the market is soon going to bite them back.

[aidenabettin] 18/1/2021 20:41

Sounds like manipulation to me.Just like it always is in the stockmarket.No difference with crypto and Grayscale will decide the price as volume is just too low to stop them

[2tyke] 18/1/2021 20:27

Nico, stop fretting ffs.
It's not about 'valuation'.
ARB needs to complete 3 waves down before it starts to rise.
It doesn't matter who buys and who sells....that's what it will do. There's nothing you or me or anyone else can do to stop it happening. Insti's or otherwise.