Please to announce that it has signed a binding contract to allow them to pursue claims against the Rep of Slovenia, cutting financial risk and potential high material award.
Strong buy for 2022
Well we got a lovely little handle now too on the hourly! So as a bullish cup-and-handle is potentially in play, I reckon there could be a very good trade opportunity here with a clear minimum target.
IMO it should start turning up again within the next few hourly candles - based on the Stochastic approaching oversold. Then break the top of the cup level...
As this has been fast-paced since yesterday's surprise RNS, the 15 minute chart seems best to get a handle on what's going on.
The 50% gain began to retrace, as you'd expect, and found a previously long-standing diagonal resistance to use as a support bounce. Because it formed a bullish falling wedge it should go up again initially, but then decision time - have...
Fundamentally sound business but CEO's recent interview makes the short-term wins (like the IPPC permit) sound less imminent so will probably see some people trade out before coming back later. Therefore expect another visit down to bottom of channel before bouncing and then potentially breaking top out of downward wedge.
Looking at AST we can see strong support from the convergence of Moving averages since price crossed the 200MA back in July.
Today has seen a massive spike in volume from 2p, with both the RSI and Stoch oversold. Price also coincides with the .618 fib level.
This is a buy for me on tomorrows open if price breaks above 2.2. If it doesn't I will look to buy at...
