Thanks for your feedback on my posts. I'm learning all the
time, and as long as you keep replying, I'll keep on posting,
so here is another interesting chart I've just come across.
I can't recall whether it has been mentioned on this thread
before - 'WOC'
It has certainly had an exceptional year considering the state of
the market, and has shown excellent quarterly spikes.
The last in Sept was due to their final results showing a turnaround
from a loss of 2.98m to a profit of 1.13m. This was immediately followed
by an anouncement that Schroder Investments had bought a 11.74% stake,
which probably accounts for the large volume spikes. It has recently broken the psychological 100p barrier and has held onto it, (first time for over 4 yrs), and guess what, the next quarterly spike is due in the next few weeks.
I mentioned 'predictability' the other day, what are the chances of another 'spike'?
The longer term chart also shows scope to go higher, and seems to be
forming a nice saucer/bowl/cup/bucket or something?
