Flip reversal, I like the way you move |
re - sold
No chance of me doing that, I Top-up yesterday and again today
766 @ 362.49p yesterday and 1013 @ 374p today |
Well sincerely hope nobody sold yesterday!Next leg up starts here |
Nice reversal. |
380 v 390p +23.50p
That's the way the way I like it |
On the way up at both sides 375 v 385p after a 2,626 buy paying a premium
spread 370.0 v 380.0 13:52:51 382.45 2,626 |
Cavendish (who have a target price of £13.00) put out a brief update:
Audioboom Group (BOOM): CORP
Strengthening in the UK, forecasts reiterated
Audioboom has announced 1 renewed and 2 new UK podcast partnerships, alongside the hiring of a key UK-focused sales executive, to drive growth in the UK from currently less than 5% of group revenue. Multi-award-winning comedy podcast No Such Thing As A Fish has expanded its long-standing partnership with Audioboom through a multi-year extension, where Audioboom’s differentiated AdRip solution and the Showcase platform, can continue to monetise over 550 episodes since the podcast’s debut in 2014. Hat Trick Productions, which is the company behind Have I Got News For You, has then entered a new content partnership that will bring its growing slate of critically acclaimed podcasts to the Audioboom platform, and football podcast Filthy @ Five brings over 5m YouTube views in 2024, which will see Audioboom further develop its monetisation products for video podcasting. We expect the new & renewed partnerships and expanded salesforce will drive strong UK revenue growth in the coming years, and after four successive upgrades to FY24E and FY25E adjusted EBITDA from $1.3m and $2.0m to $3.4m and $4.5m over October, November, December, and January, we reiterate our FY25E forecasts at this point. As management continues to focus on scaling the platform, EBITDA, and cash, we expect Audioboom will be excellently positioned to achieve new financial records, and we look forward to Audioboom capitalising on its robust momentum at updates through FY25, further renewals and wins of key podcasts on attractive terms, and potential external interest in the platform." |
370p +8p
It Is starting to move forward as the large trades are appearing on the ticker
Buys of 10K 2x5K and smaller one
Spread 365 v 375p Buys at 374p sells at 368.66p |
That's a great RNS. Onwards and upwards. |
https://www.londonstockexchange.com/news-article/BOOM/creator-network-growth-and-expansion-of-sales-team/16871880 |
I enjoy the charting you have kindly shared. My concern would be it drops again through the lower BB. |
Market Makers may have other opinions at the moment and may hide some large sales or intend to do so. Buys are below middle price 362.33p, sells at 360.25p..... KEEP an EYE BOOM 362.50p (360 v 365p ) After the last couple of days of a large drop in the share price in lower volume, has reached a point of the Bollinger Band says BUY on being under the lower Band. Large drop today on only 12K more sales than buys. |
re MM games ( like sold stock they do NOT have in their book )
They lower the price in order to panic investors and sell the stock, and that is how they fill their book at a lower price than the sold stock to investors the days before. |
Probably get more joy from stop losses and weak holders. |
If an MM needs stock to cover a position why would he lower the price.? Wouldn't he increase the bid offer. |
Do NOT fell for it, there is a B@stard MM organizing the markdown to fill his book as (it ) is short from last week's buys.
Is trying it for the last 3 days, starting last Thursday with the 15p spread opening Then Friday small sales but large markdown And again this morning already at the opening, BOOM close last Friday at 375 v 380p, but we are opening today at 370 v 380p. |
YouTube video for analysis from post below https://youtu.be/OAfrwgEwYVU?si=516CrTNkQaNVT19S |
Taken from LSE chathttps://x.com/rmtradeco/status/1881994627571482744?s=46&t=SBv_ZxPQacjVDGyARutj2g |
Although I was expecting some retracement from the 16 January chart, not the amount that has reached today a Fibonacci 70% retrace during the last cycle. |
re- Herald Reducing? ----- the Tale
NO............ no one is reducing, as you can see on the trades, no large or even small size sell at the end of the day ( usual large trades done during the day )
So even if I was imagining that, it was true, Market Makers games, I was not born yesterday or the day before. ( only 24 years on ADVFN ) |
Not long to go now the last 10 minutes and paying full ask 380p |
The Tale is the drop today it was provoked by a Market Maker who was short of stock in their book, so they needed stock to satisfy the buyers lately and could not deliver the stock otherwise.. |
The bounce back has started with a movement up at both sides |