XEL

Announced at 14.30 that Global have (finished) sold all their shares.

With shares on loan reduced suddenly last Thursday from over 16 m to 4.8m this indicates a cleared overhang and this is ready for the next leg up.

I recommend a fairly short term trading strategy here.

Its already gone up a few pence in the time it took to write this post!

I've been eyeing this up for a 123-low entry in the last few days so that news ties in nicely. Thanks Elena

did you/ anyone take a position on XEL today?

I am thinking of my final top up tomorrow....then hold for the fireworks !

do love this companies potential, but have another look....I'd certainly buy the dip around 85-88p if funds were available and it retraced that far (still have view of 140-180 price tgt though)

thanks for the chart TS, it was along similar lines that I held off buying more today, I will wait for it to test the low 90's or perhaps mid/high 80's before adding to my position

it may break thru resistance and the 100 area is often pivotal, but being patient sometimes pays off (e.g gkp 171) and sometimes you miss the trade, but it usually means less risk and just wanted to highlight what I'd seen whilst "messing about"....me I'm "still chancing" for 85p!

Best of luck
Regards
T/s