Eqtec Share Discussion Threads

[cmackay] 27/8/2020 19:25

Just to avoid confusion for our friend asking for an explanation...

You wrote "This left a 'gap' between yesterday's close and the day before of approximately 0.05p"

I would phrase it as such; a gap between yesterday's open and the previous close.

Gaps can be thought of as any time a stock opens at a different price that it closed at the day before.

[rogerramjett] 27/8/2020 18:55

Should have added that although the share price was up yesterday. The share price did drop from opening but not to the close of Tuesday. Hence the gap!

[rogerramjett] 27/8/2020 18:54

Huntgs. If you look at the candlesticks on the chart provided you can see the candlestick from Tuesday closed at 0.61 ish. Yesterday we received an RNS and the stock opened at 0.71 and closed at 0.66ish. This left a 'gap' between yesterday's close and the day before of approximately 0.05p. Today the stock opened at 0.66 and dropped to the close of Tuesday at 0.61ish therefore closing the gap which appeared yesterday.

Not sure if that helps. But with the gap closed any traders are likely to close shorts and the share price regains upward trajectory.

[phil mcavity] 27/8/2020 18:40

I wouldn`t want to be out of this under ANY circumstances !
In fact ~~~ I`m still buying .

Skinny ~~~ Great charts and commentary again .

This is a so ` Must Have` share , in a `Must Have `sector , in a `Must Have ` industry .
GLA .

[huntgs] 27/8/2020 18:20

Vatnabrekk or flashheart

I am quite new to the market and invested quite heavily in EQT as I like their busisness model. You talk about gaps been closed, Can you explain in simple terms so that i can understand. Have you a another screen which shows these gaps which others cannot see?

Thanks in advance

G

[rogerramjett] 27/8/2020 17:44

I can see a steady rise over the next few weeks up into the 0.7s and then have a clear out before moving up abive 0.8p.

1p target for me within 4 to 6 weeks and 2p by early 2021.

That would then align them with sector peers but does not consider further contracts and upgrades which we are currently waiting on.

Not advice, just a gut feel.

I added a few today, more or less doubled my holding since buying in his week.

Longer term I can see EQT being a £500m plus company with potential to hit £1bn in possibly 3 years.

[vatnabrekk] 27/8/2020 17:03

I wouldn't want to be out of this now that the gap is closed.

[hoper1] 27/8/2020 16:26

Has anyone said: "Wouldn't want to be out of this over the weekend" yet?

[cmackay] 27/8/2020 16:04

Typical thousand pounder talking his book.

[skinny] 27/8/2020 15:28

A bit more volume as the gap closed.

[juju44] 27/8/2020 15:24

Yep , added a few more myself

[flashheart] 27/8/2020 15:09

Gap filled and here come the buyers right on cue.

[hoper1] 27/8/2020 15:02

Think this may drop below .6. If it does will be tempted to have a few more...

[juju44] 27/8/2020 14:57

Maybe reaching a bottom for this drop

[skinny] 27/8/2020 14:41

Gap closed.


free stock charts from uk.advfn.com

[skinny] 27/8/2020 14:09

Post 2286 - how did you type that?

[juju44] 27/8/2020 13:49

I think we will see another lurch south

[davidblack] 27/8/2020 12:57

HH that was the story three weeks ago.

Please keep up.

Today’s pullback was necessary to clear out some older holders who bought in the 0.60p+ area before the placing and quite a few who bought after the placing and have made 40-50% in weeks.

Same thing is going to happen once it breaks into the 0.70p+ area and again but with much lower overhang in the 0.80p+ area.

But it’s very enjoyable watching the snakes and ladders game being played out.

[hodhasharon] 27/8/2020 12:56

I'll post again at 0.45.

I will be loading up too.

[aja2] 27/8/2020 12:53

I filtered the person you just referred to after I had seen their post; for me it’s a good habit on these forums.

[rogerramjett] 27/8/2020 12:47

HodHasharon. Are you a dreamer ? Why would it go to 0.45 when it has risen from there after a placing. There has been sufficient churn to rid people from the placing.

If it goes anywhere near that I will be ploughing in. At this price now its a steel. Fundamentally undervalued.

[hodhasharon] 27/8/2020 12:44

Selling down to 0.45p initially, then slightly lower to weed out those who bought into the placing at 0.45p.

[flashheart] 27/8/2020 12:42

No choice but to sit on my hands at the moment. Should have some cash come through tomorrow for a top up here.

[juju44] 27/8/2020 12:40

I am sitting on my hands

[rogerramjett] 27/8/2020 12:08

juju44. Good time to top up now ? Or still drift lower yet ?