The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
1.085 but goodness knows what the path will be like. And weakness for current has an easy potential of 0.7p
I was fascinated and took a look. Think the french have a word for it... <grin> nb. If QPP exceed 38.5 intraday (not an opening spike) some useful near term growth looks possible. We've been expecting it to bottom at 29p but one iota above 38.5 now cancels the logic.
I thought you were talking about me but "hihi" seemed to easy.
I did an article elsewhere, about a month ago, on Doriemus. Due to a request from another Premium member, I’ve opted to revisit my projections to see what actually has happened. It also makes for an easy weekly blog piece to read as below. I’d presented a suspicion the share had some bottoming to do and speculated 0.125 would be ‘it’. As the chart shows, Job Done as the price bottomed and importantly DID NOT break the Downtrend from 2005. This is fairly signficiant as it suggests the share price is being watched quite carefully and I’m not the only person capable of drawing a line from March 2005. The price sure as heck bounced from the trend but importantly, did not manage to close above 0.22p, something I’d calculated as critical to allow the price future growth of strength. What I’d gotten wrong was my BLUE trend line on the chart. I’d made an assumption the share would challenge 0.22, coinciding with BLUE, and rebound. It didn’t. Instead, it exceeded BLUE for a few days. Then rebounded from somewhere there wasn’t a trend anyway… But the calculated 0.22p level certainly appears critical. In the event of the share either CLOSING above this or trading intraday above 0.265, continued growth to an initial 0.31p remains my expectation with secondary, if exceeded, at a future 0.365p Of course, if it now breaks that Downtrend from 2005, 0.9p becomes best guess as to the shares drop potentials.
I'm notorious for not bothering to check what happened after some of my calculations. However, finding myself looking at a speculation from 2010, I've viewed KDR's history. It didn't quite do a 3x rise but did move from 2.38 to 6.25 at the start of 2011. Quite chuffed at that. Thankfully, I've refined the formula rather a lot since then.
CWD has ticked virtually every box this week for a trip toward 660p. Near term 634 looks capable of providing some stutters in the rise cycle. Our outlook tonight will NOT have the numbers redacted against GOLD as I do a Friday Freebie on the header section.
Check premium chat on IOF
No idea. I've been able to calculate a high of 46 is possible but the logic allowing it is dodgy. Generally, when I see a share at such a level QPP is, either the price gets gapped up at the open to create a new trend or, more often, some volatility establishes itself. If this is happening with QPP, near term reversal to 37 would be ideal as it gives sufficient oomph for future acceleration
If 0.925 breaks, bottom looks like 0.74p. This is utter nonsense what they are doing. The 'breakout' was taken exactly to my 1.5. And not an iota higher. Since then, it's been getting murdered. If they keep to this timeframe, it should fine a floor at the beginning of March. Currently, no rise can be taken seriously unless it exceeds 1.07 mid.
We published the below evening of 17th Feb against QPP. The best use for Premium is to ask questions as a few of the folks here are serious analysts. All I do is play with numbers and software. "All Quindell Port needs are mid-price trades ABOVE 43.25 to improve acceleration toward an initial 44.75p with secondary (if initial exceeded) at 46.75p. The mid-price would require to trade BELOW 34.5p to cancel the immediate growth dreams and allow slippage to 29.25p. "
I've updated our commentary against POG. Blooming dangerous share but should GOLD start trading above 1345, POG should run free as the share price has moved uncomfortably in concert with the metal
Not too happy with it. It broke bother our drop targets and I'd not be inclined to view it as 'safe' until such time the share starts trading above 126. Hopeless I know if searching for a bottom but we tend to focus on the near term profitable part of a trade. Due to it breaking 120, it risks a bottom of sorts at 111p with secondary, if broken at 104p from where a bounce almost must happen. Unless a suicide note was involved! Our current commentary - published 7th Feb - reads; Target Met. It seems something is going on at the 126p level against this share. As the chart illustrates, movement through this glass ceiling remains with an initial potential of 136 with secondary now at 152p. Once again, perhaps worth watching for movement ^up above 126p intraday. But if it does it with an opening spike, we'd regard it as not worth watching for the next day or so."
POG's one of ours. The updated report being issued for the 12th reads; "Target met. Further movement against Petropavlovsk ABOVE 85 should improve acceleration toward an initial 91.25 with secondary (if initial bettered) at 97. The price would require to slip BELOW 75 to cancel the potentials and allow weakness to 63.25p. From the point at which the share closed, it's not hard to imagine 103.75p in the future as this has a heck of a lot of recovery to give. As the 5 year chart explains with perfect clarity, the price needs exceed 160 currently before it can be viewed as going up! "
My tea leaves (published 3rd) currently read on BLNX "Continued growth above 142.5 (BLUE) remains with the potential of 159p with secondary still at 197p. It certainly appears the share price was effected by the overall fouled up market conditions during the 3rd and it has resulted in an unpleasant situation where near term moves below 131.25 risks a visit to 126.5 with secondary 120p. Obviously, this would indicate a double bottom against the lows of the 31st and make for a sensible point for yet another bounce."
I just elevated the reports to the free header section of my thing tonight. I feel each share deserves more than a single line comment. My wife has been nagging me to write a weekly blog piece for LSE as she knows it's the only forum facility I ever spend time on. Yet also the one I don't ever give articles to. . Think I'll try something mid-week on whatever AIM's doing something useful and run the numbers. If the guys feel it's good enough to publish on LSE, I'll make a habit of it..
I'll do something in the 'Gossip' section tonight against VIY. And possibly RRL as both dogs managed to do something interesting today
Hopefully you caught the link to the update I'd posted in regular chat. Genuinely do not like spending time there as too many folk will simply read the positives into anything I say, rather than stopping to think about the negatives which I also always give. Essentially, the line is never straight! If you missed the link, let me know and I shall publish the thing here, minus illustrative charts. The T&T link will only be live until midnight Sunday. Then the public cannot see that I'm not interested in web design, just the numbers ... <grin>
Re; COMS After posting my previous drivel, I notice COMS was updated on the 24th Jan. Our current report (from my daughter as she uses 'goosed') reads; "Target Met. Further movement above 7.15p now illustrates 8.9 with our long term secondary still at 11.2p. Given the share was goosed into life at the open, near term weakness below 6.6 should indicate reversal to a gap closing 6p. The price would require breaking RED at 4.7p to cancel the up cycle but, despite near term reversal risks, it presents a pleasant prospect for the long term. Or sometime next week given our shakey grasp of timeframes. "
I could grumble as I only use charts as a backdrop for my numbers. All joking aside, come the revolution, anyone who believes in MacD, RSI, MA's will be first against my wall. I map market trading formula to extrapolate what the market intends. Seems to work out from time to time.
Sorry, I was being a bit facetious on the basis you know I own T&T. Just realised it was not obvious from my post. I never mention it but we're doing a freebie weekend for the first time ever.