Carillion:CLLN

yep..very risky..
had a limit order at 25p to sell half but was unlucky and it only went as high as 24.7. so now its in a loss..
tomorrow will be an interesting day on this.
id be surprised if the government let this go bust as it will have huge implications .But crazy things have happened in the past so who knows. This now has gone into my long term vault unless it goes bust of course..lol..

I did warn!

11p or 4p anyone?

This is very high risk. Little equity value left if any at all. Could implode or float.

yep, thats gotta be cleared for higher prices.

This is tempting, i have traded this a few times now, and you caught a nice rally here Remo....

clln - daily
uk.advfn.com/p.php?pid=chartscreenshotsh...0C40/n3Ce+9wb4UdwS0=

Realistically this needs to break above the 50 day ema line feature to end the downtrend, because it has a history of failing at that level, no evidence to suggest this rally is any different imvho...

clln - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...kFJrVUaoYE+9RiR3PIE=

The close up shows the 50 day ema is currently at 26.25p.
given the extent of the downtrend here. I think a weekly close is needed above 26.25p before taking on the long side, otherwise it's too much a gamble imho....

atb, wdik, dyor,
trendfriend

www.dailymail.co.uk/money/markets/articl...-avoid-collapse.html