Turbo Power Systems Share Discussion Threads

[phalen] 14/6/2013 15:08

This formation has run now about 3mths so its full term now ready to pop up.loads of buying pressure backed by the business making great contracts.

[le mass du pap] 14/6/2013 14:33

Pennant getting squeezed ever tighter. It wants to go up. Only the odd day trader holding it back. Just a matter of time before it pops over 1p IMHO.

[mclellan] 14/6/2013 13:33

Fair enough....thanks

[mclellan] 14/6/2013 13:12

Which contract is most imminent, Linslader?
You've researched the Company well

[linslader] 14/6/2013 13:09

mclellan , it sure is. This afternoon may see even more I feel.

[29howard] 14/6/2013 13:08

Linslader

It looks quite clear that if you arrive late on the scene with this one you get trapped but if you buy below 0.65p you can make money trading it.

[mclellan] 14/6/2013 13:04

Linslader- it is certainly volatile.

[29howard] 14/6/2013 13:02

The 0.65p buyers will be ready to sell soon

[mclellan] 14/6/2013 13:01

again...but for how long?
Dummy sell 0.725p 0.9p to buy with TDD...a bit cheeky

[linslader] 14/6/2013 12:59

And BLUE she goes.

[jon12345] 14/6/2013 08:24

yep, full ask for just 50k. will move up again on just a few buys

[mclellan] 14/6/2013 08:13

morning Linslader- the MMs are looking for shares.
Dummy sell a few minutes ago .688...and now they have dropped the price hoping for stock, it seems.

[linslader] 14/6/2013 07:56

Morning mclellan, goodbye Reks.

[mclellan] 14/6/2013 07:47

Onwards and upwards, hopefully

[sp2] 13/6/2013 20:24

LMDP,
Interesting reading, thanks for your efforts and sharing them.....
Regards
SP

[jon12345] 13/6/2013 16:11

mm's on the run again. such a no brainer this.

[mclellan] 13/6/2013 16:04

Thanks for the charts

[jon12345] 13/6/2013 16:04

mm's fishing. they still want over 0.7p for just 100k despite showing 0.7p on the offer.

[le mass du pap] 13/6/2013 16:01

Just a little reminder of where this is likely to go over the coming days/weeks imho. After today's activity it's likely to be sooner than later.
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Interesting one this, both from a business point of view and the technical chart aspect. The chart clearly shows an ascending triangle which is a very bullish formation. It's already broken out of one, the old resistance now acting as support. Next resistance is around 0.9p. Because the business is winning new contracts and appears to be on the up, I would expect the shareprice to follow and break through the new resistance some time in the near future. Above that is blue sky. One would have to go back a long time to find historical levels of resistance and support above 0.9p so it could go anywhere. It seems highly unlikely, due to the constant stream of new contracts and general positivity in the business, that it will break down from the formation. Therefore it's a fairly safe bet. Aimho, dyor, etc...

[le mass du pap] 13/6/2013 15:41

Looking to break out of the pennant and on past 1p. Mm's are on the ropes. Aimho, dyor etc...