Member Info for Ivaylo

i was right about lloy, bounced of between 60.90 and 60.41i had my order filled in at 60.90, so not a bad profit for now current price a little higher than my average. About stan, it bounced off the major support line, lets see if it will be tested again but i think the way is up from here, almost a hanging man formed today ... would of been a nice sign,indicators look perfect. I am all in other shares so no cash available otherwise i would of jumped in as i really like it at the moment. I might wait for confirmation for tomorrow or/and wednesday so i might free some cash and get in if its a free ride :) Btw worth mentioning two upgrades by 2 brokers. HSBC Holdings FTSE 100 Financial Buy/Neutral 920 680 35.3% Goldman Sachs PartyGaming FTSE 250 Consumer, Cyclical Buy 303 196.1 54.5% Evolution Securities Good luck mate, nice chat

STAN is ok but still i consider HSBC a better choice, the forecasted profits for hsbc are much higher. I might trade one of them though, i am waiting for that gap fill eventually on hsbc or if stan holds onto 1600. We will see. I am already in the banking sector so buying other bank shares does not make too much sense but we will see. I see good potential in both hsbc and stan so i might pick one :). Thanks for the info. In regards to party some profit was taken so lets hope party bounce back

sorry if i did not make myself clear for stan, my first buy in would be 1610 then wait and see how it goes and how it will close + confirmation next day but you know those things. The good part is the next top for this cycle would be above 2000 maybe even above 2050. Resistance would be about 1730 where it will need to break the small downward trade channel resistance, from there 1790-1800, 1850 then 1900 and if 1900 gets breached you will have a safe bet on above 2000 for sure :). GL

I have never traded STAN as there are banks with higher volatility at the moment and volatility is what i am looking to bet on :).Also i dont know the fundamentals, balance sheet, profit and etc. you would hear my pure chartist point of view :) I have to say it is approaching the buy in time, actually it was supposed to bottom on 25-26-th of jan, nice volumes and indicators although not fully in line but almost ready for a buy in, the last few days the whole banking sector has been taking hits + correction of indices started on friday. It all depends if a major support line will hold around 1600-1610 if it holds there the bottom is, my prediction if it holds for Monday a low/close of 1610 or if downtrend continues for the next few days a bottom for wednesday to about 1600-1605. There is good support 1540-60 also at 1500-1520 as well if it goes there but i personally doubt it will go to sub 1500!! If it breaches 1500 then i see no reason to test 52 week low for that matter as no major support coming if 1500 is breached. Its an upward channel so i doubt any major downfalls will happen there. Hsbs is actually in a better position, also in an upward channel with a small gap to fill in 662-663 and thats a safe bet with an exit at around 730-740. Just a thought :) I am not trading hsbc at the moment so no second thoughts behind that last sentence. In the banking sector i trade heavily rbs and lloy. Good luck mate

netley i agree with you, just not sure when profit takers start shorting if the uptrend will hold, hence i have a first exit target at about 230-231 sirbob: depends on selling pressure, indices correction and if any issues will be in the air in regards to banking, surely the trend is down, surely there is a pressure on the share price, lets see how it will hold. I had 5 target prices, gap fill at 64ish which my auto buy executed, had 63, 60.2, 58.5 and 55-56. I omitted 63 as i saw pressure is too high and sub 63 will be seen which happened, now i think next buying target to be 60.90 as i have it as a bottom then keep the rest targets intact. What i think it would happen if 60's hold is a bottom with a close of 60.90 and an intraday spike hitting 60.41 or some number close to this one. Then all the way up. But if that does not hold i think we will see 50's. Actually i believe this is where we are heading, to test 50's, but lets wait and see. Hold and stay, lloy will bounce back really quickly, barc and hsbc are out of favour so rbs and lloy will be targets for investors interested in the bank sector. That is my view though :) GLA

thanks for your great input, really appreciated. I am looking at the downward trade channel formed with an exit at around 230ish, if it breaks it then i agree 300 is on the cards. Today open was actually the bottom of the channel, so a good 20% is coming and i will gladly take it :) GLA

the way it started and finished really suggest a bull run, but lets see, i was certain a bull run was coming 2 times already and never lived up to my hopes :)

today was formed a Bullish Harami Pattern, lets hope the bulls will start the run, however not much room for it as resistance will come in about 30p or so. GLA

anyone read the rns?opinions?