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DaveyS - Wed, 14 Dec 05 :

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From a TA perspective today could prove to be critical short term with the sp slightly above the 14SMA (and 20WMA) which should act as support as they have done previously in this uptrend. One very positive point is that the Stochastic RSI is now in an unusually lenghy period of being at the lowest extreme of its cycle and is indicative of being oversold for this given period and thus should herald a strong upward price movement with the right conditions, news and/or sentiment. As some have already alluded to on here we also saw a 50/200SMA crossover yesterday which in its self is significant. Time will tell and for me too many positives surrounding the company for any further price slippage, subject to MMs and weak holders that is (never a happy combination). Often feel MMs act more on psychology (fear) to achieve their aims than any subjective analysis of true valuation of the stocks they operate in. But could argue thats not their job.
Web site still down and hopefully the conspiracy aspect surrounding this will be clarified today, surely thats not asking to much, is it? Personally of the opinion that a new and far more professional site will showcase the company far better and give a truer picture of what Bioprogress Plc is all about and most critically for many will represent the final break with GH past ("I am confident" should have read "I am a crook").


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