Member Info for AL75

Almost at its 200 day MA and filling the gap from 17th Novemeber. RSI and Stochastic are high though and it could have a pullback before going higher. Wait and see for me.

Downgrade by Berenberg is the reason for today's fall.

A flag and pennant has formed in the past few days. Bullish.

Notified shorts on Ashmore are now being run by Odey and Discovery Capital and account for 7.81% of the shares.

As ASHM rises, shorts might get squeezed out?

200 day MA now broken, and accompanied by yesterday's spike in volume, at 682,000 shares traded, is very good sign. The only issue is the RSI which is moving into overbought territory (noted).

Last year I saw this as an income fund with minimal capital growth prospect. However, I was stopped out and could have suffered a 30% loss. I've bought back in now and the yield is fantastic. Also the fund is positioned well for some capital growth, assuming commodities markets start to rise again. A contrarian play? Yes.

295p achieved. It's made a higher high and it's broken out of its downward trend channel. RSI and Momentum indicators are rising. The probabilities to go long, and profit, are high.

IFL has broken it's 50 day MA, but it needs to break above 6.7p before it goes beyond the 200 day MA. The it should be lift off.

It's 15:25 and the shares are being traded again. Still rising, up 38% now.

Because of the significant rise, I was told by Hargreaves Lansdown that the shares are being auctioned at 15:24 and the I couldn't trade just now. Apparently this is done to stabilise the price because of today's price action.

Market seems to like the update, especially as today's jump has helped to reach its 50 day MA. Volume is still very low at 281k so far, which is a tenth of the recent high of the 2.8m on Nov 3rd 2014.

Sage, The latest production report shows debt rose to 451m ZAR so their interest payments should rise. In the last accounts for the year end 30th June 2014 interest accounted for 35m ZAR and gross profit was 231m before expenses, including interest. As profit is opinion and not fact, the cash from operating activities was 130m ZAR so they could easily finance their debt payments. In fact after all expenses the company was net positive 25m ZAR in cash. I'm not going into more detail, but their financial situation is on the right track, but a very challenging global market with reducing prices means they must remain competitive to stay in the game. That means tightly managing costs and making sure they maintain revenue growth.

TLPR is approaching the 340p resistance, from feb 2014, and will do well if it breaks it. As it's daily RSI is at a high 76, I'm not sure it can make it; yet.

The last gap down on FOXT was in Oct 2014. That gap has not been filled yet so the graph is creating a very large "island" bottom. At present it doesn't look like it's going to go beyond 179, and that will only happen with better business performance.

ASHM has broken its 50 day MA, now it's targeting the 100 day MA at 295p. But for it to really rise, it needs to break 325p at a minimum.

i see we were discussing BRCI last year with a view to income. Since then I sold them to cut my losses, but now the income at near 7% looks hugely attractive. However, commodities are still in a downtrend so I'm reluctant to invest as my capital might go down even further.

It's good to see eSure shrug off the AA survey, especially as investors realise motor premiums are likely to rise. Either way, eSure is heading toward it's 200 day MA of 239. If it convincingly breaks that, then it's happy days.

This is one of my learning experiences. Anyone who buys in a downtrend is asking for a loss as the downtrend will continue until the trend is reversed. I've learnt this to my cost in IFL and a few others. Catching a falling knife is dangerous unless you want to deplete your capital. Whilst IFL is a good prospect, the smart money will wait until the tide turns and the share price starts to enter an up-trend.

This share continues to tank: RNS today: APR Energy ... today announces that the ratification of its contract by the Libyan parliament has still not been secured and that the Board has therefore approved reassignment of those assets to new opportunities, effective immediately.