Classic trend follow. This should be a very good entry. Watch for the bounce (won't be dramatic - but should escalate on a trended basis from here very nicely)
Comments
sheikey
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Hi AntMwah, thanks for your original post. Whats your take on the recent movements? Do you think a bounce is still a possibility?
AntMwah
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@sheikey, hi - I was very surprised this lost the 200DMA support, however the drop seems to have stopped at the 50% Fib line of the entire move up which I make 38p. I'd really want this level to hold & a recapture of the 200 ASAP if I was looking for an entry or adding.