Bioprogress Future2

marmies,

You don't need to post charts.

You just need to understand that there are 5 trading days in a week, and 52 weeks in a year, therefore 260 trading days in a year.

Therefore, there is an average of 21.66 trading days in any given month (260 / 12)

Therefore, 200 trading days = 9.23 months.

If you look at the price 9.23 months ago, you will see it was around 78p.

Therefore the 200-day MA is still taking figures when the share price was 78p, and that is why the 200-day MA would not rise until the current share price is above that.


Basically, to get the 200-day MA moving up TODAY, we would need to go above 78p.

Going forward, it's actually impossible to tell when it will start moving up exactly, since it depends on the future share price, and nobody knows what it will be.