The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I'd forgotten all about this lot. Bailed my trade last year at around 70p from memory. Recalced them today. Next time price closes above 42.25, path target becomes around 56p. Tempted to place a trade plan and forget about it.
A nice little 'its bottomed' signal again during the day, along with a hint recovery is scheduled. Movement above 2.4 Monday will suggest 2.85 is next target followed by 3.9p. My favourite logic suggests if recovery commences, it might be quite a slow process.
BMR-Close Mid-Price, 4.9p. Visually, 5.25 is almost a foregone conclusion now on this which takes it into dangerous territory where the risk of pattern traders seeing a double top will force relaxation to 3.05p. The only thing which will provide some solace is if it achieves 5.35 intraday as such will suffice to lessen the impact of the scenario. Regardless, all upper targets remain firmly in place. (6.5 etc)
XTR-Close Mid-Price, 2p. Next upper target 2.67. Then 3.2 This is quite slow. Price closing above 2.13 can be regarded as a trigger level for movement toward the next target.
This actually looks like it will present 15p as an opportunity within the next 5 days. It looks like a strong recovery play though the gap up by the announcement looks as if it will be closed. Some really impressive upper targets, the next one being 28.9
This was forced down today artificially which suggests the clock has started for recovery. Whilst the logical target of todays movement would be 0.29p, visually it stinks and I'm loath to trust it. Whilst initial target remains 0.58, there is the potential of something important propelling it to 0.88 on the day of a +ve announcement. Breakout trigger remains price closing above 0.435
A couple of people asked about this, so I thought it worthy of mention. This is one I've charted previously and note it achieved absolute bottom back in December 2011 so is now bouncing. On Friday, it came close enough to a potential intraday target 136 to make me happy and from a chart perspective, there is something important to watch for next week. If it CLOSES above 136 it becomes a viable buy due to 2012 upper potential showing as 253. Given the XEL & GKP rides, people will want the next big thing and this certainly has potentials to outperform. The trigger is CLOSING ABOVE 136. Unless such happens, it's not safe. One danger (opportunity?) is movement on Monday intraday BELOW 117 could easily provoke a drop to 100.4.
Thanks for the info. Some shares behave in line with chart logic quite nicely, some can be skewed by ramping activity. So much for last nights comment about the 2.15 level. 2.17 today was close enough. Initial recover target 2.65 remains and becomes viable IF the price moves up even slightly at the open tomorrow. With positive news, this could also go to 3.8 rather fast.
I charted this lot today. When it CLOSES above 7.2p, immediate target becomes just under the 10p level on a path toward an insane looking 45p very very long term
I'd two trendlines for this bunch of incompetent morons <grin> One based on closing prices and the other based on day highs over a 5 year period. The best VIY did was close in the zone between the two lines then fall over and die again. A waiting game I think.
Mid-Price, 40p. Movement above 40.5 gives a short term target 48.1p.
SOLO-Close Mid-Price, 0.73p. Logic suggests should it move above 0.845, next target is 1.02p. The tier of targets beyond that are 1.34, 2p, and finally the big 3p due to that stupid far finger movement a few months ago.
If you click Share Chat at the very top of this page and choose the Premium tab, you will see where other folks are talking about various shares.
Careful with this. That error trade on November 30th has the potential to totally skew future movements. After so saying, I show a near term target of 18.7
Nice one!
Looks like this has bottomed. Initial target around 173.5 before significant chance of retrace.
On charts, I work full time as a trend analyst so I've maybe got a bit of an edge. Or the gullibility of holding myself out for getting something wrong! I tend to stick with LSE as they remain (to me) the best discussion provider. Moosh, Riddler, BM and GedW thankfully post here and are a source of excellent info. On ANGM, I compute a specific entry point at 1.72 and the bounce from that level should be quite vivid. Against that is the overall state of the market which has the potential to dampen things.
If you're only looking at in out trades, I'm trying to cherry pick only those which look viable in the near term from a chart perspective and spamming my thoughts against them here. SLE looks interesting at present as do RRR - no idea about the fundamentals or anything like that as I continue to be a simpleton. Being a grandfather sucks. It is ageing. I used to be 18 in the mirror and now I'm not.
Visually, I like this chart. Whilst there is the risk of the price dropping to 10.5 as a housekeeping exersize within the next four days, it is hard to ignore the very important detail the price has exceeded the downtrend for 2011. From a market makers perspective, in the absence of negative news, this gives the share price considerable strengths. Near future target is at 14p with a secondary 17.1 appearing as viable.
Visually, this only needs exceed 2.85 to lessen my suspicion the next entry point is sub 2p. I rather suspect on Monday we shall see perhaps 2.8 then a gotcha drop. Hi BM The only thing badly effected by storms was my log cutting area. A huge branch dropped on it! How've you survived? I'm now an official grandfather - that's how long it's been since we last caught up - and officially feeling old also. Market outlook for next week is pretty dangerous, so I'm not full of optimism on ANGM in the near future. Trying to remember to comment on two stocks per evening in the hope of keeping Premium alive. Too many lurkers and not enough feedback has tended to keep me quiet.