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Hello , I am buying RTO now , my stop will be a daily close under 99p . The reason being the chart is showing a clear daily golden cross on the moving averages that i use and price has now retested the MVAS . Previous crosses both bull and bear have been exceptional on this chart. Hope this helps. Ian.
EPO is a technical buy now. Ian.
Gap down on daily after a weekly doji . I'm long from here with tight stop. Ian.
hope the idiot loses all his dough Ian.
Am I going bonkers or did i see a post on here earlier saying PAYMENTS RECEIVED? Ian.
Weekly chart has a gap followed by a perfect doji. This is a buy now. Ian.
Sorry mate my system doesn't give projections however i would expect some resistance a 80. If you look back this week on the IFL chat logs u will see i tipped CLST FDI and EZJ . These were all tipped on basic Elliot wave movements and all worked a treat. cheers Ian.
we shall see if i am a lunatic then.
Hi, The first wave ended at 51.25 . Ian.
Just went short at 72p on a small position hoping for a fall to the ''1'' level on elliot wave . Ian.
CLST has fell in an ABC movement to exactly the old ''1'' level which was where the first rally ended on Elliot wave. It is a buy here with the stop at a daily close below 65p. Ian.
PUB chart is now in the process of an ABC retracement on the Elliot wave . Last week it was showing that it was trying to turn up but it rejected at the moving average line of 34 ema. Now the candles suggest that the ABC is not finished and focus will be directed to the level where PUB had its first run up to from the low which is 51.25. If it gets there I for 1 will be buying with a sensible stop in place . Ian
Another reason that we may be nearing the low now is that I see a clear 5 wave movement downward movenent from an Elliot wave perspective , I would have liked the low to be another 3 points down but this is not set in stone. However I will tread carefully with this and enter a long trade as soon as my moving averages cross. Hope this post isn't too boring ,LOL Ian
Chart suggesting a tentative unconfirmed buy here , personally I will await verification before buying but might be a chance for bottom pickers here. Ian.
I entered at 1.79 then added at 1.81 when my strategy dictated. First exit point providing system holds up will be 2.40, then i will be looking for another entry targeting 3.20.
Hello, If i may give an opinion from a purely technical angle, SKS is at a resistance level now and last week showed a daily bearish engulfing candle. Under normal circs i would be shorting here but due to the overall market being bullish on my techs i am waiting on further confirmation before entering.