Bidstack Share Discussion Threads

[niggle] 24/6/2019 10:22

Some wise words from Bottmzup on lse for you kids. (I'm still with the 20-25p area) he's bullish aroudn here but recognises the danger in TA.

"Depends on what time frame you have for holding. If you`re looking to invest for the long term then for this stock it would be a 1 day chart because the data only goes back to Sept. For other established mid cap stocks for example you might want to start by looking at a 1 week chart going back 3-5 years.
If you want a short term trade here then a 2 hour or 1 hour chart might give you the indications and signals.

But don`t forget that this company`s stage of development is going to be driven largely by news flow, and as such will always trump technical analysis for big share price moves.

Personally if I was looking to top up then now, at this price is as good as any to get in, and here`s why....



For this example I used a 4 hour chart because it just gives a bit more detail.
Notice how price is now at 3 different indicators, the previous resistance level at 27.5p ish (purple) which could now provide support (reverses role), then there`s the rising trend line in light blue which again some would use as a buy in level, and finally the Fibonacci retracement, in dotted white, is now at a `popular` 50% level and is one of the highest response levels of all the % retraces.

Buyers seem to be steady this morning and I would be surprised if price went much lower than this with news flow due to start anytime, and scheduled to get more and more frequent as the `journey story` unfolds in to H2 and beyond.
They are working flat out by the sounds of it so news can drop anytime.

#This is Just the Start!"

[ahmedbin69] 24/6/2019 10:17

Will see low 20s soon

[niggle] 24/6/2019 10:16

DaveMac3 - no need to be rude just because you don't agree. Oh look, and all your goons laughing along with you - how sweet. It reminds me of little Richard Hammond, who's not a real hamster, laughing along with everything that Clarkson used to say. ahh...

[niggle] 24/6/2019 09:48

Steve - brave man when it’s still falling but each to their own. “Great Price” you mean ‘great’ in the sense of ‘high’ surely?

Who was spouting balls about a 31p ‘support’; last week?

Sagely Chartists and TA’s! we bow to you!

[stevoc1964] 24/6/2019 09:36

I think stumbleupon knows

[stevoc1964] 24/6/2019 09:35

With Bidstack, it usually means the share price is about to take off again.

[hamidahamida] 24/6/2019 09:34

Watch this video it explains RSI...How to use RSI to improve your investment decisions https://youtu.be/D7hOf34dlN8

[rakepat37] 24/6/2019 09:34

Well bought more... now fully loaded for the next run up

[stumbleupon] 24/6/2019 09:30

What does this mean?

[hamidahamida] 24/6/2019 09:08

Capitulation RSI below 50

[stevoc1964] 24/6/2019 09:05

I understand. I just think in a few weeks time we won't see these prices again. Who knows? I think it's a great company with amazing potential.

[mlf51] 24/6/2019 09:00

I'm fully loaded ( I thought ) but if they go searching for stop losses at 25p I will have to add.GLA

[trt] 24/6/2019 09:00

I thought the MMs would walk this back down. See 20p soon.

[addaboy] 24/6/2019 09:00

Don't think Justin Waite did himself any favours by dropping Bigdish the way he did. What's to stop him doing the same thing to Bids.

[stevoc1964] 24/6/2019 08:35

Bought a few more. Great price.

[niggle] 24/6/2019 08:27

Maybe a bounce at 22p, what’d you reckon hazl?

[hazl] 24/6/2019 08:23

It's a great company.

IMO

[niggle] 24/6/2019 08:15

They need to put 50p in the meter.

[bobdown2] 24/6/2019 08:14

They seem to want this one down...drop in the morning and a price that does not fully recover by the end of the day.

[fudgerella21] 24/6/2019 08:05

Is advfn working? No prices updating!

[lukehold] 23/6/2019 21:16

Yes, not a complete list yet previous games include formula cars