Member Info for AL75

If MCS can close well above 179p, then the range it has been in since Sept 2016 will be over and the shares will start to climb. #watching

Seems a good company, but why the high of 272p in the week before their trading statement (10th Jan 2017) and 145p less than a month later. Seems the market is not sure how to price the company. As the dragons say, "For that reason I'm out." PS: Trader Tim's assessment is all about the fundamentals, but the share price tells a different story.

Very low volumes today. Spread has widened and MMs must need stock.

Yes it was a 5 star rated analyst at RBC, Peter Lenardos, that gave them his seal of approval. I'm a technical trader and it looks to have performed an island reversal on the daily chart. It appears to be a good risk/reward trade at the moment, although all the indicators are saying don't buy. PS: Dividend payments cost them £250m in 2016, which is more than their £200m operating profit. Not good in my view and is a cash drain on the company.

In theory, companies operating in cybersecurity should be winning business, growing and generating cash. FLX is emerging and has the potential, but like any odds on favourite, it's theirs to lose. GLA.

This is testing its recent resistance of 2951p and is the third test since 7th December. It's broken beyond it's upper trend channel and that makes me feel the next leg is up. It's also got a way to go to close the Brexit gap which was about £32, and that should be filled before a pullback. #bullish and a buy in my opinion.

Its all time high is 293p. Today's acquisition, plus earnings report, should take the price beyond that. PS: And this is pure 100% speculation, Is this another UK tech company who's eventually going to be acquired by a large US tech firm like HP did with Autonomy.

No problem.

We all trade for different reasons. Without explaining mine, I'm out at this point but will get back in if the technicals produce a buy signal.

It's scrip not script

BP has broken it most recent low at 470p and gapped down with a bearish move today. It looks oversold on the daily chart, but not on the weekly. On both time frames its price has not yet broken through the uptrend line which was establish in Feb 2016. It's also about 20p away from its 200 weekly EMA at 434p. The price has also broken through 464p which is a key level having been resistance in July 2016 and Nov 2106. Usually resistance becomes support, but not today. For me the weekly chart shows a little divergence with MACD and RSI showing the price will have further to fall, possibly to 440p as a first target. DYOR PS: I don't accept troll-like comments based on my technical assessments but always accept well founded and evidenced criticism. Peace!

Tough range to beat but Chemring is looking very good as daily and weekly moving averages are all in alignment. RSI and MACD are also the same so there's no divergence acting as a warning. The last leg up from 170ish is now consolidating and there's every chance it will push up more. The downward trend reversed at 156p and now it's above its 200 MA I'm bullish.

Zoopla is now called ZPG.

BP's price has hit resistance at the bottom of an almost perfect ascending wedge pattern. The inclination is to buy, but final results are out tomorrow and we'll see what happens then.

Cape is now almost ahead of the flag pattern and "should be" on the next leg up. Watch and wait.

Berkely has been ranging since Dec 6th. However, now the 50 day EMA has crossed the 200 EMA to the upside. That's a Golden Cross, and buying signal for some. In the next few days we might see the next leg up in the price. PS: If you're not a technical trader and intend to reply with abuse or intolerance, please save your typing for another topic.

Just realised my mentioning of the site run by TW has been blanked out by LSE. For those of you who don't know, it begins in Share and ends in prophets.

If you look at *************, Steve Moore has just published an article on Gattaca and its potential: "Gattaca – trading update & acquisition, good value?" In my view the low of 275p today shows good support as the close will be about 295p. However, the recent high of 318p needs to be broken for it to resume the breakout from 16th January a few weeks ago.

Why I trade using technicals #1205 STAFF's last swing high was 1205p on 23rd June, just before the Brexit vote. It was bid up, despite being in a downtrend, because of the expectation we'd remain in the EU. So notice how today's rise has almost reset the clock with a daily high of 1204p, 1p below June high. Technical levels like this are respected. There should also be a pullback on the latest rise, but the market is telling me that although it likes STAFF right now it's not going to push it beyond pre Brexit levels too fast. I'd still hold though as it has every chance to hit 1400p as long as the business performs.

Share price is going crazy. A tale of 2 recruiters: I was also looking at Gattaca, and that declined on poor results.