Menu
Close

BDEV Bullish "Double Bottom" Chart Pattern

lse:psn
lse:bdev
lse:tw

#1


#2

Probably Woodford has stopped selling for a while???

How does your chart predict for things like that going on?


#3

Its not my chart and it doesn’t allow for things like that. No chart does. It is automated pattern recognition software and we’ll see how accurate it is in 18 trading days (close of play on 25th July)

Woodford has actually announced an extension to the closure of the fund for at least another 28 days, so he may have eased off on sales.


#4

BDEV had a nice uptick on a positive update which seems to run counter to some of the news from the construction sector. On Friday we get a good size dump of TW special dividend cash which I will reinvest in TW.

Good luck whatever your choice.

Cheers,

Frog in a tree


#5

11 July BERENBERG RAISES BARRATT DEVELOPMENTS PRICE TARGET TO 670 (650) PENCE - 'BUY’


#6

This chart shows that the prediction at the start of this thread (made after the close on Jul 1 with the price @577p) was achieved at the close last night with the price @614.4p, considerably surpassing its target of @593p-@597p within the time range given.

+1 for the “double bottom” pattern prediction!

A reminder of the original chart prediction