Looking back at mdz been on my phone and think LSE was buggy, was showing 10% up today. Dont think thats true and its went back to normal.
Still thinking im catching it early. And will continue to add within the range
Been building up a stake in MDZ within a 0.14-0.17p range, nice uplift today, wonder if the girls getting ready to move. Expecting a update this month.
Hoping for a nice kick to Momentum
CPX could be a good trade next week
http://www.screencast.com/t/tGtgMPyj
bullish divergence and bullish engulfing candlestick from friday. and oversold. could be a nice run up to the target area of 4.20p. then its entering breakout territory if it punches through resistance
and ADJ... i noticed from your chart you posted that it is from prorealtime? is there a way to display charts without saving them and then uploading them through websites like screencast to display charts? if there is can you tell me how you did it.
ADJ, i find it hard to decipher information from your charts as there's a lot going on, i find the best way to do it is keep it simple.
regarding WEBORAMA, in my eyes no i wouldnt say that was a bear flag. a bull flag and a bear flag is classed as a continuation pattern. it happens within the current trend. e.g. in a bull trend you could see a continuation pattern emerging like a bull flag where the main trend is still trending up and within the trend price is bouncing lower to create the flag formation. then when price breaks out from this small consolidation theres a good chance it could head back up on the major trend.
see below for the bull flag formation in 2010 when the trend is trending up creating higher highs and lower lows
http://www.screencast.com/t/4jFC6YWGOQtl
now lets have a look on the downtrend after its peak in 2012
http://www.screencast.com/t/qOMnSrpe4ao
when price broke out of the trend it didnt go into a sideways range it went into a bull trend creating higher highs and higher highs. most recent peak is higher than last one so could be classed as the new higher high and may head down to the rising trend line or push up more. i dont know. not following it so not too sure about it.
the bear flag i was referring to was a chart pattern...
http://www.freeonlinetradingeducation.com/bear-flag.html
within the major downtrend there is a correction with a small uptrend channel yet is support of the inner channel breaks there is a chance the SP target would be the 'flag pole'of the bear flag... in HBCA would actually be lower than the 450p range but would need to drift lower along the major trend channels to get to the bear flag target price.