Member Info for AL75

Foxtons has met it's 50 day moving average. Can it break it or will it meet resistance? I'm still on the sidelines.

This looks like the start of an uptrend as the SP has sunk to a new low but is now recovering, passing it's 50 day MA and rising RSI plus momentum. However, it has a long way to go to cross through it's 100 day MA so it's early days yet.

On 3rd December Liberum Capital recommended holding TLPR with a 275p price target. Today those shares are 286p, so why not adjust it instead of leaving the recommendation to go stale? Many brokers publish confusing recommendations and that's why, for me, the system is unreliable and of poor value.

The GBP/ZAR rate it also at its all time high, showing a weak currency. This means their products would be easier to afford by their overseas customers. However, the South African currency looks to have hit resistance and is in the process of topping out, with a potential move to the downside. There's many factors at play, and in time we'll see them all play out.

At this time IFL's PE ratio is at an incredibly low 0.47. Can we have a whip round to see if we can buy it on the cheap ;-)

Rising today in a falling market. Looks like it will push above its 50 day MA.

nice rise for Spirent today. Reasons not to buy are its still in a downtrend and today's rise is the first buying signal, which for me is not enough. It also needs to pass the 50 day MA for more confirmation. Any views?

Many AIM shares are high risk investments and you should you only risk a small part of your portfolio . That way one loss is never going to hurt you. Also for any of these shares you need a stop loss to get out if it if it falls below a certain point. Either that or some sort of exit strategy if the shares go the other way. Finally, never average down on your shares as you compound your losses when the share is trending down with no reversal in sight. No trading manual would ever recommend doing that. Instead they would tell you to recognise the trend, i.e. go short. Good luck. PS: I've learnt the hard way, as most of us do.

Downtrend remains in tact and with more negative news coming out of China the impact is being felt on miners and metals businesses around the world. As for IFL the 4.24p support has been broken so new lows should be expected. NB: The downtrend started in May 2008 at 168.75p. What a fall!

IFL is getting closer to the 4.24p support, level although the shares are very weak at present and no sign of an upturn in sight. I think the prospects for IFL are excellent for a medium to long term trader who wants to tuck this away and let time and the markets do their work. However, the short term performance isn't pretty.

At one point it fell to 145p today but recovered once the news was digested. In my opinion, Foxtons is forming a bottom where the support is at 143p. It still needs to perform to reverse the trend before new buyers come in and the SP goes up.

ESure is going the right way, but can it break the 212.5p resistance created by the low on Nov 11th 2013?

Just analysing Spirent and saw the large fall from Oct 13th 2014. RSI today is 23 and momentum indicator is still firmly in the red. Volume is low and it still could reach 55p based on the July 2009 low. So, I'm watching for now. It needs a catalyst to move to an uptrend and that could be a readjustment of their strategy, senior management changes etc.

ICP's share price has been doing well in the last few weeks, and that includes today. It's well past it's 61.8% Fib level and has a 500p target to attempt for the next hurdle. With a 4.45% dividend it's looking good for now.

"These are turbulent times in the steel related industries. Ferrochrome is no exception. Good times follow bad times and bad returns. But the industries survive, as they must, and the cycle will revolve, as it always does." COMMENT: For me the upside is the long term recovery in the industry and the fact that IFL has a lower cost base. The downside is the fact that whatever the recovery, China can always flood any market with subsidised product thus causing the market to fall through it's "floor". For me it's a buy, but only for those with a high risk appetite.

That's good, as they must have seen the furnace suspension and subsequent SP fall as a buying opportunity. Now we need some substantive financial performance when they next report and a positive resolution of the court case.

Sorry to hear that. How many times have I bought a share thinking, "That's the floor", only for it to go lower still.

I see Finncap (an AIM broker) reiterated their Buy recommendation today with a 42p price target. There's a wide broker opinion on IFL, but their upside forecasts are high which illustrates the potential some see in the company. For all the recent Buy recommendations however, the share price has well and truly tanked.

Agreed, but does this incident affect the fundamentals in the longer term? I don't think so. For some it could be a buying opportunity?

That's a very harsh mark down to the suspension.