Bullish divergence on the RSI
ema's look like flattening out/turning upwards
Morning star candlestick at the alltime low
Increase in volume generally since start of January
Big gap to fill above
Strong bullish engulfing candle on the weekly timeframe at area of historic strong support for GFINITY. RSI rising.
Trading update due in next 2 weeks with HY accounts due out by 2nd week in March. All indications from the company are that they are seeing enormous growth in the digital media side of their business. Monthly Active Users growing exponentially as...
Positive trading update anticipated end January. All warrants now exercised which have caused a drag on share price. Revenues surpassing expectations, records being broke for monthly active users. MACD divergence still in play on daily timeframe. Broker target 9.5p and expecting compound annual growth of 43%. Huge upside from here!
Think we will find support at the bottom of the rising trend channel which gives a downside risk of approximately 10% but worse case it could see a 30% downside if price were to drop below this support. Upside in short term is at least 60% meaning this has a minimum RR of 2 to 1 but most likely is a RR of 6 to 1.
News due which could propel SP upward to top of...
PHE weekly chart. Big seller has artificially held back the price advance which would have been caused by the LINDE announcement at COP26. Don't think it'll be too long now before we're retesting 12m highs. Lots of news due. Energy from waste.
