Shares to watch

rockits

Member
Messages
9,172
Well not totally strictly true as some shareholders haven't actually lost. Most actually nearly all will have. A few made some money.
Well that is not strictly true either. The money that was lost was part transferred to the ones that made the money. A transfer of wealth if you like.
 

Bladerunner

Member
Messages
440
It’s been a good few months for RR shares…particularly in the past week with their figures being announced

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Froddy

Member
Messages
1,072
It’s been a good few months for RR shares…particularly in the past week with their figures being announced

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RR. Looks really good here, having launched itself off the VPOC (Volume Pointof Control - the gold line) on the weekly chart. Note the volume (marked with an arrow at the bottom of the chart) which validates this week’s move (rather than it being a case of the market makers manipulating price by simply marking it up). Liquidity sits in the 146/150 area above, and this is likely to be the short-term target for the bulls. If price can get above this area without a liquidity sweep (i.e. a fake-out/inducement), this will be good news for this stock as it will have turned overhead supply into demand, and the targets will be the pivots above. An important price decision lies ahead. Great call, Bladerunner!

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Froddy

Member
Messages
1,072
RR. - short-term liquidity target hit. Big price decision now - can it get past 150? Fingers crossed for you if you're in it ...

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Bladerunner

Member
Messages
440
[mention]Froddy [/mention] AML on the bounce today…shakey ground this past year - I’m well behind on this one but what do you think on a recovery? +21% currently this morning

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Froddy

Member
Messages
1,072
[mention]Froddy [/mention] AML on the bounce today…shakey ground this past year - I’m well behind on this one but what do you think on a recovery? +21% currently this morning

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I think AML looks really good, although it's a little over-extended in the short-term and is at risk of exhaustion - price may need to pause/pull back to catch its breath. On the weekly chart (below), price is forming a rounding bottom pattern (which is bullish), and there's a Fair Value Gap above in the 405 area (marked with an arrow) which may well act as a liquidity magnet ...

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Kiwibrit

Member
Messages
259
RR. - short-term liquidity target hit. Big price decision now - can it get past 150? Fingers crossed for you if you're in it ...

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Sold my RR at 110. If anybody is interested, my mate’s share strategy is to do the exact opposite of me - I let him know if I sell and he then buys. What really irks me is that he’s made a shed load doing this!
 

stindig

Member
Messages
450
After a pretty miserable 18 months in crypto, we are back at the start of a bull run - exactly on track for the 4-year cycle. BTC has gone from $16K to $44K this year with 13 ETFs coming in from Blackrock, Fidelity etc in Jan ‘24 and the the Bitcoin halving due in April. I’m confident it will sail past the all time high of $69K. Forecasts vary from $100K to really insane.

The big narrative for this cycle is crypto gaming and I am invested in Immutable X and Illuvium amongst others. It’s fun again!
 

Bladerunner

Member
Messages
440
Good thread resurrection @stindig
Be interesting to see what happens in the crypto world…I’m hoping for some of the hype to deliver on XRP but yet to be seen!
 

Bladerunner

Member
Messages
440
@Froddy Good to look back at thoughts on AML which never came through!

But on the flip side not only did RR break the 150p mark…it’s now two fold breaking the 300p today - highest since May 2019

Citibank uprated last week with a 400p+ target suggesting there’s still headroom
 

must go faster

Junior Member
Messages
74
I bottled it and sold up my RR shares yesterday. I originally told myself when I bought them in 2020 that I would sell them if they hit the 300 mark, and after I long debate with myself i finally did the more sensible less risky option for a change. Going to try and not look to see how much higher they go lol. Can’t complain, they made me a great profit, which is more than can be said for the rest of my portfolio.
Fingers crossed on BTC making further gains but in my case it’s all based on hope rather than anything else.
 

Froddy

Member
Messages
1,072
@Froddy Good to look back at thoughts on AML which never came through!

But on the flip side not only did RR break the 150p mark…it’s now two fold breaking the 300p today - highest since May 2019

Citibank uprated last week with a 400p+ target suggesting there’s still headroom
So pleased to hear RR has done so well for you, @Bladerunner - that's excellent!

As regards AML, it absolutely did do what it was supposed to (over-extended, then pullback, then continuation to liquidity magnet above), but didn't quite close the fair value gap - weekly chart below. Glad to see this thread is active again - thanks @stindig !

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