So now we’ve established that the RSI (relative strength index) oversold position could be considered as a possible entry position, we enter the RSI zone where companies which have recently dipped to a daily RSI oversold position will be highlighted.
With investors getting tips left, right, and centre from all over the place, how do you sort out which is worth looking into or not? Well, if you have digested the ‘Anatomy of a Trend’ blog post then you obviously want to be entering during stages 1 and/or 2, don’t you?
Something to think about is the transfer of power – what happens when a Chief Executive Officer (CEO) makes a stage exit? A solid robust business should not be affected by a change of boss. What is a business – is it about the people or the tasks that need to be done, or a bit of both? In my opinion, the tasks should be the main focus of the business. Of course the right people need to be present in the first place in order for the tasks to be done, but with regards to management, I consider task management to trump people management every time.
There are certain ideas which appeal to particular investors but, for whatever reason, cannot be regarded as a core or mainstream investment. Research into medical science is a subject which often features on the front - rather than the City financial - pages of newspapers, as everyone would like to see cures found for apparently incurable disease.
Media comments last week suggesting a housing 'bubble' (notably in London prices), followed by this Monday's Sell recommendation from broker Liberium on the three FTSE100 house builders, has prompted market makers to mark down stock prices across the sector.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.