PYX Resources: Achieving volume and diversification milestones. Watch the video here.
major support at 1.88, See if it holds. If not 1.70 is coming. GLA
people were buying last week into HMV when it fallen to 36 after the results thinging it wouldn't fall further. Look at it now in the mid 20's. Absolute madness to carry on buying especially into retail at the mo
I'm not having a dig but I never understand why people buy a falling share, at least wait until it has stabilised and you're buying into support. The charts do NOT look good, as HOME has fallen further from a descending channel created back in July 10 being part of a larger fall that commenced Sept 09. Bad weather, VAT rise, 2011 doesn't look promising. I will monitor and see what happens. GL
Why catch a falling knife?
haven't been following MEC since the days of 80p so can't commnet. The channel within which it currently sites suggests a strong buy. No guarantees but a decent risk : reward ratio I'd be happy with 187
Forgot to say and don't take this the wrong way, as I'm genuniely interested. You have sold out now, why not 6 weeks ago at 278 ish when it hit the outside channel line?. Seems like you're selling now when in theory (and it is still only theoretical) you should be buying more or at least holding steady?
Fair comment Never followed automated systems myself but i guess if they've worked for you in the past, they need to be considered. You can't beat personal views though in my opinion. As you say it has breached the trend line which can't be ignored although I tend to allow a little leeway with trend lines being breached as often they form zones either side which for me is a "safe" tolerance. Seems the amount of shares out on loan (shorters) has recently reduced (if of couse this info can be trusted) so all pointing to a buy. Time will tell. GL
Why sell now? charts aren't looking good? Low stoch. MACD bullish divergence and bottom of inside channel suggests some upside. Even Myohmy says this is a buy so it must be correct!
i will be following you. Been tracking this for a while. Looks good to go
lower volume these last 3 days and a reducing sp. If this continues 2p will be coming. The mm's suck you in and then spit you out again
Not sure I've ever posted on BP so not sure why the comment? What are you referring to? You're down 16% today, so not looking so glib ay? Re my 19.17 post yesterday, this is based on actual knowledge of the site as I work in property so don't be so critical. As for my shares not performing well? I'm in RRL up 20% today! GL you'll need it
care with this one. Obtaining planning is good, but was a no brainer. This site has had many planning permissions over the years but has never been developed even during the property booms. You may ask yourself why? Funding will be a huge issue here so i'd take some profits if I was you. It's going to be along ride
Typical channel surfing! I had joined the June and October highs for the trend line and hadn't created the additional channel you'd done. probably need to read the book again! Thanks again R
Those bloody pro charts ay! Thanks for the info. I will have a look later Noticed you got out of ANR yesterday, which looks like a great decision with today's SP! Was L2 telling you lots of sells coming through or was it a bit more of a technical decision than that? I'm still in, and in profit, although only just. I'll see how it pans out over the next few days Thanks R
Many have tried to redevelop Battersea and failed over the last 25 years. Finding the funding is a different matter altogether Could be "called in" so take your profits whilst they are there to be had. GLA
Could be about to re-test the trend line of the descending wedge at 26.50. If so and it holds I'm in
Not sure why you think there is huge buys going on. Volume today is consistent with last 3 months average The trend is still down on this. Has formed a descending wedge pattern and likely to bottom out at 2p hopefully. Will buy in at this level or on breakout. Need to see volume increasing considerably for this to start an upward surge in my view GLA
Still in but only just. 2.12 is major historic resistance so a lot of people may bail at this figure, hoping for a retrace to £2. Assuming of course it doesn't breach and close above 2.12 GL
Spare me the visions of you in your dressing gown! KAH is currently dropping to 2.06, so may well sell up and invest elsehwere. Very happy with 25% in three weeks Got in NOP yesterday at £1. Was thinking about topping up if she continues the rise up, will have to wait and see. 8% up as I speak, if she holds at say, 1.10 will invest a bit more. See you on the NOP board R
Nice one. The joys of being a full time trader and being able to monitor and get the most advantageous price!! I was at work and missed it so lets hope it returns to 2.19 and beyond!