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Quite, Brom. If I had the perfect solution I wouldn't be here talking to you !! Ha!
09:08 I have more than a few conversations with my chartist son and he is certainly not convinced he has all the answers on a junior oiler listed on three markets *and very reliant on news flow and project timings, lots of factors in play not least the belief shown by long term investors, my view is not to dismiss anything.
stay appy all.
* apologies to European Exchanges :-)
Brom - I agree 100% with your chartist son about the limitations of TA application to minnow oilers like 88e.
The one 88e signal which suits my style of medium- to long-term share trading (not derivatives) which has occurred in the last year or so was at the beginning of Nov 19.
After a longish period in a downtrend/doldrums, at this time on a single day a SP rise crossed up through the 10-dy, 20-dy and 50-dy simple moving averages Since then the price has gone up through the 200-dy average.
The very simplest form of TA then, and I apologise wholeheartedly to all for posting after the event !!
However if this sort of signal happens again, I will highlight the information here on the day that happens.
Stand by your beds folks!
Here is the chart - I hope you can view it.
https://i.postimg.cc/bvTBKScY/88e-chart-27-1-20.png
So, above 1.33p on your chart?
10:41 interesting my son reckoned on 12th Nov that things would move my post below.
"my chartist son tells me tonight that in his estimation 88E is on the up after a long time in the doldrums, happy days I hope." I would suggest he was correct although always subject to NEWS of course.
https://londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary/AU00000088E2GBGBXASQ1.html
Pity he is away at the moment otherwise I would get him to look at your chart.
10:56 think my son was watching the 200 day m.a.
stanman
hoisted by yoouur oown ppetard me thinks.
your 10 day sma is cloose to the tline ema8 goot mme in a shade earlier at0.07p thaan youra 0.08p
yyour chart using those sma and candlesticks proves ta can be used on aim shares liike 88e.
youur use of 10, 20, 50, sma mirrors hector de villes trend strrategy, whhich i also use itts not juust thhe tline..
as yoou can see from yoour charrt its an upward trend but not a good one and has stalled at 1.45 mmeaninng thee upttrrend has stopped and has been erange trading between 1.2 and 1.45 siincee deec 311 wwhhicch iss wwhy i dumped 3m shares on 7 jan check my posts. and used the £6k profit elsewhere.
btw galan look at stans chart price range traded between 0.9 and 1p after the drawback between nov30 and dec17 then break outt to jusddtt under 1.1 and puul back to 1p . possible fake breeakout? no pprice continued for beautiful upward trend to 1.5p at 31dec
range trading again until to day 1.4 to 1.2.
rightly or wwrongly i sold part of my hpositions on 7 jan at 1.25 todays spread 3.92% bifd 1.25 ask 1.30 nothings changged
smallll price to pay tto hop back on boaard afterr aall pricee couuld sttiill drift back tio placeementt level or below
bird in the sstraand scenarrio.
https://www.youtube.com/watch?v=jVwkIc0IiTE&list=PL8lh5DB5xmjL83eo28vVHwyNYft9TFXVg
hectors treend strategy for chartists to apply to 88e he uuses iit for foex but can be used for shares
gla
I defer to your expertise and for pointing out the error of my ways - a 60% gain in 2.5 months.
You are always right, oh wise one, and I am invariably wrong. Yours is the only method for TA - no other methodology stands comparison. A rather narrow-minded view in my opinion.
Personally, and as a retired medic, I wish you well in living your life with MS.
There is no need to reply to me, as I won't be reading it. Bye.
for everyone who is followiing this thhrreead stan likke monn and othhers llike mon claim i am always righht,thhe ewise oone, thge expert guuru my wway iis the only way.
how ofttenn have i said, not iinnfallible
i make lossees sometimmees ,,cuttinngg thhemm short
noot nnarrow miinnded mmy tradikng style enncomppasses mmanny tta sttrategies like hectors trennd which is bbroadl;;y t thhe same as stans but with a little exttra finesse though to be faair stan did ssaay his wwas basic ta
i also use forex4nubes for FREE support/resisstaancee otther thann fib and riisk/reward and money msanagggement ttechniiquees.
stan's menntor coosstss money oofferrs ffree education but bbasiicallly nothing yoou hhave too ppay
alll my meentors can be obtained from thhe neet free.
extractt of post to stan many moons agoo..
ive postted my updattes but did sttan bother to monitoor as prromised? heckk noo .emppty promiiisees..
'stanman as promised this share's closing updated chart
These updates are specifically for posters on this board that use TA or those who appreciate my posts together with stanman who has offered to monitor my performance on behalf of the posters who are fed up with me..
Not prepared to debate whether charting is relevant to AIM or 88E anymore as the majority if not all had very limited knowledge on the subject so a complete waste of time.
.Either one accepts it gives one an edge or not. If one accepts then these chart updates are for you.
If one does not accept then these charts are not for you so please ignore them or filter me.'
gla
CITY
With respeect if yyyou reeadd thee postt propeerlyy tthe clue is in tthe narrative so yourr ccopyy/paastee cconcclusdion is ccorreecct not cchaalkk aand ccheese
''extractt of post to stan many moons agoo''
gl
Miloh, maybe you could on ASX, but the MM's decide on sp and on the "published" spread on LSE. The dice are loaded.
Don't worry City. I also commented on one of his posts where 1/2 was garbled, and 1/2 was normal, and was told to "catch up", as the normal bit was apparently from 2016 (only, no mention of 2016 was in the post I was commenting on). He does copy and paste posts from earlier times when his MS was not so bad. I did apologise to the fellow for perhaps some lack of compassion after realising his garbled posts were due to his MS. Must be difficult for him.
Goood mornijnng milloh
very ddiifffiicuull nigh onn iimmpposssible too mmaniipullaatte ppriice by uus rettail innvvessttoorrs considerinnng the nummbbeer oof ssharredss inn iissuue,,
tthattts wwhhy aaccussaattioonns onn thhis bb bbyy iggnoorraantt ccrrettinns thhatt annyythiinngg ppoosteedd on bbs, nott jjuust thhiiss oonne ,, ccooulldd iinnflluueennccee ppriiccee iis wwayy ooffffff tthhee mmaarrkk..
hhaavviinngg bbaadd ddayy wwiitthh mmyy rrigghht hhanndd,, noo good evvenn foorr ssaffe ssex thheessse ddaayyss iif yoou kknoow whhatt ii mmeeann hharry..
cllaassiic eexxammpplle reecceentlly postted bby mme 1000mm shhareess ttrraddeedd rresullttedd iinn iinnddeecciisiioon ccannddlle ii..ee ppriicce ooppennedd annd cclloosssedd att ssamme priicce
aass ffor cdd's postt poinntinngg outt thaatt soome ttass sstatte thhatt voolllumme pprrecceddees ppriicce inncclluuddiinngg iinvveesttooppeediia whhiichh ggeenneerrally makkkees goodd reeaddiunngg tthherre arre oothherrss thatt havve a coonnttrrariiann vviieeww iincclluudiinng thee mmenntoor whoo iinttrooduuccedd me tto thhrre tliinne
ii sayy too cd annd oothherrs pplkeeasee eexppllaiinn ppriiccee cvoonsistteenntlly riisiinngg and ffalliknng oon uurriinne ppoor voolluumme iif innddeedd voollumme pprecceddeess ppriiice.
5 yr chhartt oof 88e bbelloow amppllyy illluusttrrattees ttthhatt vvoollluume porreceeddeess pprriiccee iis iinnhherrenntllyy wroong iimoo
https://www.barchart.com/stocks/quotes/88E.LN/technical-chart?plot=CANDLE&volume=total&data=WO&density=X&pricesOn=1&asPctChange=0&logscale=0&indicators=EXPMA(9)&sym=88E.LN&grid=1&height=500&studyheight=100
maarrket masniipuulaatiiioon is iinn thhe hanndds of mms as thhe majjorr ppoointted ouut earrlliier
gl
Have you bought back in, Lefty? What does the T-line say?
Monarch
What does the T-line say? - better off reading the tea leaves
mmillohh,
buuuyys and sellls wwaasstee oof timme imo cccaannoot bbe rrelliiedd uppoon althouughh wwheeneevver i havve traddedd shhaarrees biig thhey hhave alwayys shown correctlly.
monn
did noott sseell ooutt complletteelly stillll hoolkdinng ssomme boouughht under 1p
the rruule is CONSSIDER ppartt OR all llocckingg iin profiit..
i cchhoose paart.
i have from timme to time chhosenn AALLLKK andd ootherr ttimmes heldd oon tthrroouugh GRREED moostly tto myy detrrimmeent rre tthe laatterr llaack of ddijssciipllinnee!1
aas foor nnoow depeennds onn wwhiicch ttimme fraame
llonnger timme frames morre reliiaablle but gget one iiinn aannddd oouutt laatteerrr
lloowweeerr ttiimmmeee ffrrsaamneeess nnoott ssoo rreelliiaabblllee bbuutt wwiill ggeett oonnee iinn aanndd oouutt eeaarrlliieeer
nnoot aann iiddeeaalk time tto bbbuuyy or seell at thhe mmo as sssiddeeways traadiinng beetwweeeenb.1..4 aandd 1..2 ss/rr
22.
T- Line says - BUY BUY BUY !!!!
xxx
change it to in love to with LEFKOSIA
Or the anagram......."Fook Evil Aliens".
clliicckkedd too ssoonn mon
chhartt bbeelloow
20yyr hhoollddd ddoojjii ccaanndlle (9iinnddecioonn) aatt eennd of nnbbuull ttrennd iif iit sttayys llikke thhatt annd nnedxtt ccanndlle iiss bbulliishh oonne hgaas a doojjii sannddwiichh ==ppoottenntiiall mmajjoor upsiidde iif nnext ccanndllee bbeearriishh rreedd annd clloisse bbelloow tt llinne ggett oouut ffasst
5yr hhoodd poriicce stiill abboivve tt lliinne
1yrrr 3 mmnnthh annnd 6 mmnntthh buuyy clloossee aboovve tt llinne aalllsoo 1 mmmnnnthh bbuut lkatterr shoows 1...2 rreeesiisstttanncce duue to sellllinng lloonng wiickks oonn buulliishh caanndllees,, ppllacceemmennt pprrooffessiioonalks hhappy wwiuthh 20%5
1 mnntth ggrrapphiiccally illuusdttrratte siiddeewwaayys ttraddinng upp//doownn//ooupp doownn niighhttmmarree foor aaimm wiithh 88e sllpprreadd.. ccann gget whiippddsawweedd annd lloose mmoonneyy bbuuyy//seell//buuy//sell bbeesstt sttayy oouut aas rranngge trraddiinngg wwhhicchh ijsd whhyy i paasrrtially got ooutt onn 7 jan ass uuppttrrenndd hhad stalledd annd asnnttiuciippatteed coonnssoolkidaateedd ppeeriioodd
5 ddayy
siiddddeewayys bbuut poriicce abboovve tt lliinneee buuutt ttoo mmuuccchh noisee11
1 dddayy ssamme coomment ass 5 dday
happy wiithh pprressennt hoollldiinnggs annd ttoo sttayy oonn thh3e sijd2eelinnees bbefoorreee iinnvvrrrrrestiing moorre
reeally bbaad day deexterity wisse so perrhsasps jjust vvgggggggrraspphs ttiilll tyghee weekeenbd
https://www.barchart.com/stocks/quotes/88E.LN/technical-chart?plot=CANDLE&volume=total&data=MO&density=X&pricesOn=1&asPctChange=0&logscale=0&indicators=EXPMA(9)&sym=88E.LN&grid=1&height=500&studyheight=100
gllaa
I love your style TD, and entirely appropriate!
justt quicklllyy
bb-- whhyy doont you ppooost oonn ccams chat booard annymooorre/?/ buy/sell he had 120000 viewwwss till he quuiit aim
tartthh youurr anagramm has too mmany letters --bbadd ttryy
duc ii99 lower timme frrames dont ssay buuy buy bbuy on the contrargggy tgghheeey say be ccautious and the longest timee fframee ssayss hhold annnd wait, coulld be a revvvverrsal about to happenn
glaa
ttdd aappooloiggies -nice trry
That big sell could swing us into a little lull, but i'm happy to keep buying at and around the 1.30p for the time being.