Member Info for scotlouie

worth noting that there is multiple bearish divergences with recent 2 peaks on different oscillators. be wary if entering just now.

quick look at the CPX chart ADJ; http://www.screencast.com/t/9fLAxhiaRDb8 currently in a uptrending channel indicated in the blue lines in the chart, which started at the start of the year. support between 4.60-4.70p and may get pushed down here since it has recently hit the middle resistance long term trend line (middle red line). If it punches through this resistance within next few days-weeks then could be a change it will rise up to upper limit around 7-8p just watch out if your in it already if it closes below the blue channel support around 4.60p if it does this then theres a chance its going to enter into bear territory and even with a strong company with good upcoming news etc this is after all AIM and could drop. saying that i do like CPX and have followed it for a while and may look to see if it punches through the middle resistance before i jump in

good day on FBT ;) http://www.screencast.com/t/mEuxxylv on route to the upper target level 16p+

Interesting news @ MDZ Results within 2 weeks but nothing much new as already gave a trading update for the year.. but at end of RNS it says... "the Board expects to provide a detailed update on new business wins and progress for the current financial year at the same time as the final results announcement." Could it be the biggie ive been waiting on? Hmmmm... lot of action into the close with people liking the rns. Guess ill see within 2 weeks

Just re-read my previous message. The project is in africa and waiting on chinese company 'sep' to sign the partnership deal. Will post a sum up over weekend as the more i like it the more it brings excellent value at current price

Tempted NFL or too risky at the moment?

NCCL could be worth a trade. Target price of 10-15p when signing of a big deal in china comes off. And has a feeling it is close possibly days. Nice entry before the herd turns up but by that time you can leave happily. Current SP is juat over 5p from todays movement.

FBT could be a good play at current levels over coming weeks http://www.screencast.com/t/bXZWpQoMoeI support around 7p seems to hold. possible rise up to top resistance around 13p

going on camkite's shout on CLP. i belive hes not wrong :) http://www.screencast.com/t/qPjOy0OH i've been building a holding up from the start of this year based on assest sale news (does seem to take a while), if it closes above 0.8p in coming days-weeks then its game on! a lot of resistance to punch through though, meeting long term trend resistance from the descending triangle pattern, may need some news to punch through this. if not then possible fall down to lower support at 0.5p worth noting that CLP are trying to sell off assets and so far new BOD seem to be doing a good job with small asset sales. previous BOD ran company into the ground and almost killed it. new BOD have turned things around and doing theyre best to regain shareholders value... which will be a VERY nice return if they manage to get a sale from their high value assets for multiple times current MCAP. at current SP id wait until breakout if confirmed as could easily drift to 0.5p if no news is released and markets gets jittery, which in my eyes would prove a good target for a trade to jump in at. keep your eyes on it :)

NFL, MAGP must be close... super tight bollinger bands.with rising RSI7 http://www.screencast.com/t/rpdSi16tsAH and even weekly; broke out of down trend channel since 2013 but instead of having a breakout just moved into consolidating range period since start of this year. how long before it breaks? http://www.screencast.com/t/0hp3W3cOVI breakout and could move up to the 0.5p horizontal resistance with a low weekly RSI. plenty of room to move. tick tock tick tock :)

NFL i see some resistance around the 8.20-8.30p mark, if it punches through then rise up to 14p could be on the cards be interesting to see if it does punch through tomorrow or next week.

Jolly theres some big movement in SPL recently and even into close today. I will be watching but something seems afoot

NFL, gdl is going well for my 'risky' play @ 2.20p wonder how many looked over it! Also another couple seems to be moving is TRT shout (big movement today with rns) And EDEN nearly bagged from my 6p shout (bottom was around 6.60p) AMC aint shifted but may be a late bloomer and MDZ is coming!! But im guessing all the others are still chasing the rainbows on the other boards lol.

Support on 7DIG. Could be a nice mover if they release a trading update and move company into profit. Last year was in july. Could be worth a trade @7p

MDZ descending wedge pattern should be have a breakout in coming weeks. been building up a stake in it for the breakout. floor should be 0.1p if it gets down that far. http://www.screencast.com/t/X3wPa7ki3C

Took some more MDZ @ 0.126p. Brave or stupid... time will tell :)

ADJ good day on WSG. Looks like i may not get my 7-8p after all. Nice rns to read. May be enough and todays lift to return shareholders confidence back :)

There is also a bullish divergence in your above charts from the first 2 lows within your chart. See how the lows made a lower low in your chart from the low point in march and low point above the 2014 tab. Now look at the RSI oscillator. Its higher. Again i would like to confirm this with say... the macd or coopock curve etc. This could be viewed as a reversal signal. And indeed the sp went up but didnt have enough to break out of the down trend and fell back down again.

Adj if the price goes down but oscillator goes up then this is called a bullish divergence. Its a reversal signal. Same as a bearish divergence. If price moves up yet the oscillator is down this is a bearish divergence and a reversal could happen and could be seeing the top of a trend. Mainly look out for tops and bottoms of the peaks possibly along trend lines and not minor consolidation periods as this will give false signals. And if the signals are in more than one oscillator the stronger the reversal signal is. With a hidden divergence it is viewed as a continuous trend signal so if its a hidden bullish divergence the trend may still have a bit to go up and vice vera in a hidden bearish trend that the trend may have not reach its bottom if its still in a long term trend. Again like with the normal divergence you would look to see the signals in multiple oscillators. So check RSI, MACD, MOMENTUM, ROC etc which track price movements or whatever ones you use this would give a stronger signals. Im not saying WSG will drop just that im not seeing real strength just now so sitting on fence on how its going to pan out

ADJ... http://www.babypips.com/school/high-school/trading-divergences/hidden-divergence.html