The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I notice this website has some detail on VIY's price movements. http://www.trendsandtargets.com/private/shares/viy.shtml Annoyingly, virtually every other share in the vault has a link back to LSE except VIY as this was produced for just a single client. Who also is a member here anyway <grin>
How I achieve the target is complex but basically, if you even glance at a chart, the share has been achieving a series of lower lows since Dec 11. There's a chance of a fake recovery to around 0.19 but the bottom target calculates fairly accurately. Dunno what the spread is like, so perhaps 0.11 will be deemed 'it'.
COMS is one of ours at T&T. The most recent published update was on the 23rd and read; "Target met. All Coms needs are mid-price trades ABOVE 6.3 to improve acceleration toward an initial 6.7p with secondary (if initial exceeded) at 11.2p. The mid-price would require to trade BELOW 4.5p to cancel the immediate growth dreams and allow slippage to 4.2p."
Not dead yet <grin> Thanks for asking. The last couple of years have sucked though and I really do not recommend chemotherapy. When was the last time we heard of Chemical Warfare in a happy, friendly, get well soon, sense. Thankfully, I can walk again and no longer need an electric thing to get around. Doubt I will be skiing this year tho'. My immune system means I get meet people (having vetted them first for infections) which resulted in that stupid interview in the newspapers. The journalist didn't entirely 'get' he was the first person I'd spoken to who was neither a family member nor a medical professional in nearly two years and I said rather more than I should have. <insert silly grin?> I notice Jax wrote a report on this tonight. It read "All Enegi Oil needs are mid-price trades ABOVE 8.75 to improve acceleration toward an initial 9.75 with secondary (if initial exceeded) at 10.37. The mid-price would require to trade BELOW 7.13 to cancel the immediate growth dreams and allow slippage to 6p." I think she has a point. but CLOSURE above 8.75 is utterly key and safe to happy days ahead. I hate it when a share ends the day at a logical breakout point as the suggestion is always one of reversal.
Sorry, forgot to answer your question. In my opinion, recent price movements have zilch to do with PI's. Or volumes. Or trade numbers.
It's fairly important to ignore the Highs and Lows given by LSE above as they are accurate, concise and perhaps not entirely useful for me. And therefore nonsense and unreliable. When I comment on a share, the price I use is a simple mix of High+Low+Close divided by three. Or in plain english, the average price. Share pricing from an analytical perspective is weird as traders ideally need people like me to pay attention to the spread offered by a varied bunch of crooks. But the best I can do is give an average mid-price. The reason for this diatribe is SOU closed at 5.13 ( actually 5.125 but my software rounds the number) but more importantly, intraday the mid-price DID NOT drop below 5.125p, despite the accurate figures given by LSE above. (Now you know why only nutters do my job) We did not feel the need to generate a new outlook tonight as, according to my software, it is not doomed. However, and this is a biggie, I just run the numbers again and 3.75 (prob 3.8) seems almost pre-destined. If mid-price starts trading below 5.125p, that's the final signature on the contract. However... in the event of this share managing to trade a sniff above 6.15p, it's effectively a dayglo sign says "Stop Me and Buy One" as the longer term potentials don't suck.
ENEG is one of ours and I notice it will be updated tonight. Our previous commentary (23/12) was pretty useless, reading; "If Enegi Oil experiences continued weakness below 7, it will invariably lead to 6.5 with secondary (if broken) at a longer term 6. The share requires to sneak ABOVE 8.23p to void the drop potentials and allow strength to 9.75p. " To judge simply by the closing price, it certainly seems 9.75 should assume some reality,
The post you were viewing was in 2010. I used to run end of day analysis to spot oddities. FCCN managed a move from 40 to 133p. Which I didn't trade...We show the current long term path target at 48.1p. Goodness knows how long it's going to take. The price would need sink below 28.5 to cancel this potential. Good luck with it,
Our current commentary published on the 15th Jan against SOU reads as below. The BLUE line is the highs from October 2013 to current. "Weakness on Sound Oil below for 5.13 will invariably lead to 3.75p with secondary (if broken) at a longer term 1.22!. The share requires to movement ABOVE 6.5p to cancel the immediate drop potentials and allow improvement to 11p. We actually have some hopes for a miracle movement on this as the drop on the 14th looks rather like the last turn of the screw before a bounce. Even intraday trades above 6.25p should prove capable of a surprising movement to a breakout 7.35p. Of course, key will it be making it through BLUE without any drama's. Perhaps worth watching soon! "
I'm now extremely distrustful of Vialogy and I own a heck of a lot of shares in them. I'd have to say Chevron were a client of mine for whom I once wrote a software package. The payment cleared my mortgage on both a house and filling station. What gives me pause for thought is, I seemed to make more out of Chevron than VIY have managed. And they binned my software after a year when their corporate accountants claimed they could produce something better! (Needless to say, they didn't) Guess the moral is, I'm a crap businessman but managed to do better than VIY. Which worries me a lot.
Sorry, I'm completely the wrong guy to ask about this. I work with Trends&Targets and we assiduously avoid any fundamentals but instead, base everything on price movements. It works for us but makes for dull chatrooms. Our current report against SOL dated 4th Dec essentially reads; "We're looking for a bounce from 9.5p or so and anything continuing above 11.5 will break the immediate trend with an initial 12.125 aspiration but secondary is a more useful 14p. Danger obviously if 9.5 breaks, even intraday, as we'd next hope for a bounce from 8.75p."
Opted to stick tonights commentary on FTO in our gossip section. It reads; "LSE:FTO Fortune Oil. This managed to CLOSE above 9.7p, a signal we'd hoped to see. As a result continued growth toward 11.25 has become possible with a longer term target at 13.75p"
I just wish it had CLOSED above 9.7 as that would be the perfect situation for 13p and above. I hate ambiguous closing prices.
Thanks. Getting this rubbish right is, unfortunately, my job! (Trend Analyst at T&T) Not too impressed where this closed as it points at a near term reversal to 8.75p mid. That's a little bit dangerous as it allows further weakness to 8.1p. In truth, it looks inevitable BUT any miracle getting this share trading above 9.7p would allow continued growth to a longer term 13.85p gl
Ta. I'll keep an eye on it.
Yup, it was updated tonight. "Recent moves for PINN have now triggered a near term target at 24.25p. Previous targets at 25.15p and 29.5p remain valid. Any danger would now be triggered should the price fall and close below 17.75p but visually, we're fairly optimistic."
SOLG is a share which we monitor. The current outlook from TaT reads; "By reaching 9.8p on the 23rd, further mvovement above such a point remains with 10.9p near term. However, the share is regarded as heading toward a secondary 12.9p. The big picture bias is now coming from 23.75p. "
There's some weird problems with feeds from the exchange at present. My own feed has some shares are being completely missed with end of day data.
BLNX is one my daily report listing. The most recent update on Wed evening read "BLNX is now regarded as heading toward 148p. Common sense suggests the risk of some stutters at the 140p level given behaviour during May. The price would require falling below 118 to cancel the upward potentials. "
I'm posting this 'cos no-one is writing anything in Premium. Our commentary tonight on this lot reads: "As can be seen on the new chart for SXX the 26p level holds some significance. Closure above this level will not only exceed the previous high and trigger further upper potentials but, it will also allow the price to breakout from the near term downtrend. Upper targets once this happens will be at 26.75p with secondary at 28p, perhaps a bit meaningless but it finally places the share in territory where movement of strength can occur. Hopefully this could be the start of a series of rises for SXX to break it from the 'holding pattern' it has been stuck in. Should we see the price being rebounded from the trend line below 25.75p then we could witness relaxation to 25p initially with secondary at 23.5p."