The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
......its worth noting that often the price will pullback to the right shoulder just before a rally - just as can be seen on PRL. For anyone watching and waiting this usually offers the best opportunity. Just hope i'm right now after all these posts! LOL...... still, even if i'm not - its a worthy trade for a 'quickie', and my downside is limited to one tick below the last low - so not an expensive punt. Besides its fun to predict.......even if you don't get it right all the time! Time will tell. DYOR though as always! - 1WJM
Check out the chart for PRL - Polo Resources. A very similar pattern emerged in and around 17th Dec .
Even though todays performance may appear somewhat lacklustre, it was a vital component to complete the classic head and shoulders formation that could very well signal the bottom, and set up a reversal. If this trades sideways (give or take) for today, and the next session or two then the formation will be complete and can offer a powerful reversal trend - head and shoulders are quite accurate and effective signals. If however it breaks to the downside, that too can be a very powerful trend - so trading without stops would be foolhardy and asking for trouble. I'm betting on an upside reversal though. If i'm wrong i'l lose about 7% when my stops gets nailed, then i'l reassess from the sidelines. Good Luck!
....maybe not, but no one worth their investing salt would argue against a dabble on the current set up. For anyone who follows the MACD and Stochastic indicators, you will clearly be able to see a bullish divergence forming - where the stock price has traced a lower lows over the past week, whilst the MACD histogram is about 1/3 more positive (even though its still in neg territory strictly speaking), than its lowest recent point on 21st Dec. Stochastics have crossed, and just breached the oversold lower line (20). Confirmed by a crossing of the MACD today. In laymans terms - this is good news - and offers a low risk trading opportunity. How far is it likely to go?? Who knows.....we will find out when the indicators tell us! A well positioned stop @ about 39.23 should give enough breathing room, yet still tight enough to protect against a a possible misreading of the indicators - however i'm confident this trade will be a money spinner. Good Luck - 1WJM Good Luck
Just put it down to the natural ebb and flow of the stockmarket, coupled with a large dollop of pension black hole syndrome (although I wouldn't look too far into that TBH because the business model is sound). Scott Wilson hit stiff resistance after a steady and consistent rise in the last 2 quarters of 2010. It was overbought on Stochastics, and broke its trendline in Early Nov. I did however feel at the time that there was still mileage in the share - disregarding the indicators (which I should not have done!). Eventually sold out @ 120 - Mid Dec, and been watching ever since. Bought back in @ 96p a day or two ago - the stochastic deep in oversold territory, and the macd threatening to go positive. Could see a decent little uptrend forming - but don't hold your breath for the fireworks - because the current longer term (i.e. weekly / monthly trend) is still negative - and as the saying goes, the man who pees against the wind, has no right to complain about his laundry bill! LOL Good short term trade ATM though, and reasonable fundamentals for a longer term investment as well. Good Luck guys
Possibly - although I think RHL could prove a quicker bid. I sold out of HMS something like 2 days before their bloody announcement! Needed money for Lloyds RI. GRRRR! Good Luck
Looks like maybe Dattels of POLO may have to be stumping up some money?
I sold out yesterday - luck more than judgement I can tell you!! However this is now shaping up to be a very, very attractive re-entry prospect. Don't normanlly bother once i'm out - but in this case, well........if people thought it was a worthy takeover target before - they are going to definatley be chomping at the bit now. My sympathies to those who held - but unless you can't wait - and have already had a guts full of waiting anyway - I would say try and hang in there now. The question you must ask yourselves is whether this now looks like an attractive buy (if you were not already holding). Good Luck
SWG finding it tricky to burst through the 118 - 120 resistance zone. I'm still holding - so I hope it will find a tailwind soon. Lets hope results provide a catalyst - but further resistance @ 130 should be expected - so 2 hurdles yet to jump before what I consider to be a 150p share within the next few months.
Or should I say Al Pacino! Think you may have dug up a little beauty here after all - check out this link: http://business.timesonline.co.uk/tol/business/columnists/article6943584.ece Which funnily enough also mentions Redhall - which additionally I am starting to think more and more as a good long term bet! Personally I didn't fancy Halma too much in the beginning because it was breaking through to new highs - so very hard to see where there might have been resistance - but I stand corrected! 1WJM
It better be good! There is stiff resistance @ 118p
....@ 105 dead on. Will it drop further? Depends on the markets in general - but SWG does NOT like the news that Dubai construction can't pay its debts! Anybody know what projects SWG may be linked to either directly or indirectly?
....and detailed in a previous post - the final push toward 130 had taken all the energy out of the bulls on this stock (for now at least!). Tested 130 a few times to no avail - and in my experience 8 out of 10 times that results in a retrace. Wouldn't be surprised to see 105, as I said before. On the flipside - still plenty of potential - and still well worth a long term hold. GL
....is probably a result of this link: http://www.channelweb.co.uk/crn/news/2253172/panda-sharpens-claws-saas-push-4892472
.....maybe? Lets hope! http://www.ft.com/cms/s/0/2d56dafc-d242-11de-a0f0-00144feabdc0.html
I'm not banking on it. Gutted - but what can one do? - other than pick myself up, dust myself off and try harder. I've been investing for quite a while now - and this is the first time this has happened to me. Note to self: ALways, always check the debts. Simple.
No...against my better judgement - and even though I did say that any further drops from 59p would see me split - I am still in this one. If we are the only two left in the room it could get messy judging by the ID's - 1wildjunglemonkey & chimpchoker - sounds like a bit of a deadly combo! LOL.
On Nuclear power stations - SWG cited as an interesting small cap play. http://www.investorschronicle.co.uk/MarketsAndSectors/Sectors/article/20091111/934c306e-cec3-11de-9040-00144f2af8e8/Nuclearpowered-shares.jsp
http://www.advfn.com/p.php?pid=nmona&cb=1257947836&article=40309682&symbol=L%5EAI. Oh well, we win some - we lose some. This was a lesson learnt for definite. Hopefully something will come out from the administrators.