ASA2001

Argo Blockchain. There could still be some room

Long
LSE:ARB   ARGO BLOCKCHAIN PLC ORD 0.1P
Hi guys, hope you are all well. I would like to just apologise for my inactivity on this profile in the last few weeks and I hope you are understanding. Today we are looking at Argo Blockchain, a stock I talked about having huge potential and, from the graph you can see, we have been right. I am currently in with a 340%+ gain and am expecting more to come. This post isnt an analysis as such, Im just interested to see if any of you guys are involved in Argo and what your thoughts are for the future. My idea is that the 12 month target is 500-600p. This is depend however on the price of bitcoin . Please comment your ideas. Thanks

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Comments

I also concur with your analysis and it has been proven today and yesterday. Below comment is also valid as there will be a technical correction at some point (whether that will be catalysed via a bitcoin selloff/correction or whatever)
+2 Reply
Agree with your analysis but am expecting a slight pull back which would merely be a technical correction which could also allow a re entry into this stock. I have been in and out of Argo and do see an upside towards 10.00 towards mid - end year range !!
+2 Reply
What's going to be interesting is to see at what level it settles at given the volatility of Bitcoin - I'm holding until this bull cycle runs it's course - and then I'm out. So the question, like Bitcoin is when to exit... I think it'll go up the next three months in smaller increments - and has some way to go.
+1 Reply
Great job! Would be interesting to see your thoughts on bitcoin after the recent drop
Reply
Good job
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