Member Info for scotlouie

ADJ, WSG chart; http://www.screencast.com/t/4yk1QeG3DF3 no major signals to indicate the drop but seeing signs, with bearish pennant patterns and slight hidden bearish divergence its not showing real strength. still currently in the long term down trend channel and recently bounced off the lower support after the bearish divergence kicked in (indicated on the charts) since then it had a good run from the 5p levels and looks toppy at the top of the long term channel resistance which will take a lot to punch though, a very big contract news in my eyes. IF they dont release anything by end of the month then the pennant could break and drift lower. this is why im seeing a drift to 7-8p. but timeframe isnt certain for me, i dont see it dropping back to 5p lows but horizontal support around the 7.5p levels could hold and traders entering here. again only a possible target im keeping an eye on things unfold and keeping a close eye on RNS. they dont want to release any more bad news and this could have an effect on SP short term. hoping they do smash it as like i say im still a holder and wanting it to hit back to the dizzy heights when it got pumped up to 90p. time will tell.

The peak*

ADJ i totally agree with you regrading the drop already priced in with lows. WSG is turning a corner but i was meaning the bear trend since the leak is due from the above comments i made which hasnt added confidence to investors but could all change and go into a strong bull trend with the news... any delays any problems with ferry any bad vibe with an already jittery market could get squeezed down to that magic 7.5-8p range. Im only seeing it in the charts but like you say if they do release positive news then be very interesting.

Adj. I still have my free shares running in WSG so still a holder longer term. Ill post up my charts over the weekend on it for my view on it. WSG on paper looks an incredible growth story but with the debt and delays in contracts along with the disaster of the ferry schedules people may have lost faith and not ready to believe wsgs story (yet). Not at pc so ill try get one up sat/ sun

AJ, without news im seeing a 7.5p target in the charts for WSG

Top calls on your SHG, GDP, OMI in the gold rush NFL. Some nice whooshs building up

I have a IG account for spread betting and i feel they offer a good service. Cannot comment on their ISA platform and what commissions etc are. Would probably recommend them if your used to using the charting gizzy

SLP having a good week with rally into close today with big trades. Seems to be moving quickly and worth keeping an eye on it coming weeks

6p buy target on EDEN http://www.screencast.com/t/RTjDw9Ky meeting long term channel support line and also current trend support line. plenty of support around this area for a bounce

AMC weekly looks like its nearly ready for a move north http://www.screencast.com/t/fmxKdAru on the daily showing multiple divergences. http://www.screencast.com/t/jTPpKrmQ thinking of adding more on monday morning :)

If it drops to around 2.60p ill take the plunge but will monitor it as think its a good entry if it does bounce!

TRT hot lower support... hit my buy target now its time to keep an eye on volume and trades. Could bounce here

AMC hit lower support... Lift off time now? Lets see

undecided which way VRP will go http://www.screencast.com/t/SNMVHJJt8o two possibilities lining up and should know soon enough

forgot to mention lower support on AMC around 3.50p may get pushed down there for the bounce

how long before my AMC shout gains momentum? http://www.screencast.com/t/ChYpJ8JP maybe weeks... who knows!

VRP showing signs of a mid term play http://www.screencast.com/t/oKHQi10CtQc6 support around the 2.60p area. possible rise up to the channel resistance around 8p possible by aug-oct nice double bagger if it plays out

PRM looks sorted for a run up to 23-24p target. Was watching for a bounce around 16.40p and cane friday i missed my buy in on Friday but may watch it monday see how it reacts.

Adj/nfl not had a look at omi on the charts yet but on ADJs chart see a short term price target or 15p? Any views as may jump in also after i look into the TA

i see a trade lining up on GDL not the best share of late and having one hell of a drop off. possibly mainly due to GEL (greka engineering) delisting and going private and investors panicking over at GDL. cant see GDL delisting, but many investors losing faith in the chairman and how hes treated his GEL investors along with GDL. i do believe this drop is overdone and could bode well for risky trade http://www.screencast.com/t/3YOk5twZto above chart shows the descending wedge pattern on the weekly long term view where price has failed to break out from trendline until recently creating a retest on support... at this very low level could bounce back quick and super fast if decent news comes out in the short term. risky play at 2.20p