Member Info for scotlouie

im seeing the long around 5700 (not fine tuned entry on charts) but looking at the rising trend line could act as a good support for a nice long.

revisiting my call on SYQ on 31/12/15 "SYQ showing a bullish divergence along with RSI coming off from oversold (still only 25) recent half yr result summary: . Revenue increased by 30% to £6.0m (H1 2014: £4.6m) · Operating profit increased by 43% to £1.38m (H1 2014: £0.97m) · Profit after tax increased by 43% to £1.37m (H1 2014: £0.96m) · Earnings per share increased by 23% to 5.09p from 4.14p · Net cash at 30 June 2015 of £0.58m (H1 2014: £0.45m) http://uk.advfn.com/p.php?pid=chartscreenshot&u=7TeYQTsHKkY6Ji7ayP%2Bhg1RulG5wc1T9IlTifYJlqyo%3D&kslash=s im sticking it on watchlist" ..... after a 20% today brings a SP of 24p a cool 30% return... heading to 30p target, RSI bit overcooked just now so caution needed if looking to enter. best to watch for retrace ready for EW3 (the biggie!!!) ill keep you posted on retrace for next leg up after this one consolidates

RSI @ 26 (not 26p)

hey LEFKOSIA, and no problem with screencast. i use it also and whats good with it is you can create a library or different libraries within the screencast and people can view the photos within your library. i had a look over your charts you saved from your T line thread and seen you made some nice profit on the charts you saved... well done and nice move on the 55 pips netting a cool grand ;)

i was busy looking at charts there ADJ and i think that could be a good decision. in my views its going south to the 450p area http://uk.advfn.com/p.php?pid=chartscreenshot&u=Tsf8ZDlFECFGfYwW2n9uW1FBvhgMVGgOhMxi8MNSQuA%3D&kslash=s after falling through a bear flag then i see this as a further push down to the major trend channel (which formed from 2013) for the support around the 450p range. there could be a bounce then as SP getting oversold and see support on the RSI @26p and currently RSI @ mid 30s. only my opinion of course and a quick glance at techs i know nothing about fundies

HSBC or HSBA?

ill have a look at the charts and see what i see

anyone looking over LEK ADJ, you still looking?

ADJ, if you played the bullish divergence/ oversold with LEK in past year it shown 3 different opportunities to make a good trade. http://uk.advfn.com/p.php?pid=chartscreenshot&u=8PGsE2SNIaGkEg4VsrhmvlvH8wI0MdwdForWTgzGyCg%3D&kslash=s is there another set up building up? hmmm.... ill get back in a week or 2 personally ill be looking for a close around 16-16.30p with a bearish candlestick followed next day with a nice bullish candlestick i do like the chart set up :) not in yet just watching

ADJ your quite right. You cant base a trade purely on one signal. If you do you will loose money, its the same with any indicator, they are useful in your charting but never fool proof, some will give false signals its how you intepert the TA, you should use a number of indicators to balance out a view, also if i see an oversold stock i would like to see some kind of bullish divergence with RSI, macd, money flow, momentum, stochastics, etc. If theres a bullish divergence then things could be turning. Then view the chart on daily, weekly even monthly (if your going to view a long term investment) look for trend lines and potential chart patterns like double bottoms, wedges, head and shoulders, too many to name. If a pattern is forming e.g. a double bottom at a oversold position and a possible bullish divergence then it should grab your attention. Next thing to do is set an entry if you want to trade. If news comes out or if it runs away from you move on and look elsewhere. Theres 100s of opportunitys out there the hard thing is to find them and timing. Everyone does charting differently. Some swing some play the momentum some long term some short term... you get the drift. Keep researching TA and fine turn your analysis of charts and youll do great. Just remeb not to fall back into old habbits e.g. buy on a spike when its hugely overbought and then see your profits falling and falling :)

LEF the advfn charts have an issue working on google chrome as the java plugin does not work with chrome broswer now. if your running on chrome then you might have to use a different browser. also i have had issues with the HTML5 charts in working hours and have to do them after hours. if your looking to use a different charting platform like IG/ prorealtime etc then id recommend you sign up to https://www.screencast.com/ this allows you to give a webpage of your chart. you save your charts to your computer then upload to the screencast and then theres a tab within your uploaded photos to share. you copy link and paste it here. easy to do and gives you the chance to upload more detailed charts what advfn can offer. and my feedback whats its worth ADJ regarding bottoms... its difficult to judge what the bottom of any share really is. there is no guarantee would could be a bottom is actually the bottom. you can only see what a bottom is looking back at previous data. TA can give an insight of areas of support/ resistance and when stocks are overbought/sold and gives indications of breakouts amoung different things. this could give you the edge of jumping in near the bottom or possibly jumping out when stocks have run too much and become overbought (judging on TA indicators) the trick is not caring about getting the bottom or exiting on the top. just make sure your in the right direction of the trend.

That &#9786 was meant to be an emoji winky face... guessing they dont work on the site!

Yeah hes no longer in the friends zone ☺

or was that moosh's thread ;) he he

another one for he swing trade is KLN which is looking rather cheap hitting a low of RSI 11.30. going through recent results it seems that the recruitment company fundamentals are getting stronger each year. ill need to dig deeper into the funds to see if theres any red flags. snap shot of full year results are; 2011: -Improved operating loss (before impairment charge) position of £0.44 million for the year (2010: £0.85 million). -(5.72) p per basic and diluted share, compared with (11.1) p per basic and diluted share for 2010. 2012: -Operating loss narrowing from £5.4 million in 2011 to £2.1 million in 2012. Loss of -1.92 p per share (2011 - loss 5.72 p). 2013: -Operating loss narrowing from £2.2 million in 2012 to £1.3 million in 2013. -Loss of 0.66p per basic and diluted share (2012: loss 1.92p). 2014: -total net loss for 2014 of £0.06 million compared with a net loss of £1.7 million in 2013. -Operating profit of £0.26 million in 2014 compared with an operating loss of (£1.26) million in 2013. -Loss of 0.02p per basic and diluted share (2013: loss 0.66p). 2015 6 months results: -Operating profit for H1 2015 of £0.3 million, compared with £0.1 million in H1 2014 and £0.16 million in H2 2014. - Basic earnings per share of 0.06p compared with loss per share of (0.02p) in H1 2014. 1st half now showing a small positive EPS and my guess the full year will be the first time to show a EPS when full year results come out around april/may. at a glance company is turning a corner and now growing. would be interesting to see if this full years result will infact be the first time they are showing an overall profit. but clearly showing a positive trend. i need to dig deeper incase their debt is building up or if they keep releasing equity etc but that can be my homework. from a TA view from 2014 it has created a bull trend (obv from bullish results and RNS) created higher highs and higher lows and now creating its higher low and with RSI being in the oversold area then could provide a good entry for next leg up in its bullish trend. and could be a good position to build up for the run up for results mid time this year if your wanting a long term hold.

Looks like Stephen Garbutta left on good terms from AEO judging by the rns ADJ, i wouldn't be worried about the trend until price closed below a strong trend line. If it did then could prove a sign as a reversal or even if mm's are trying to pull off a bear trap. With aeo it shown support but this has to be viewed with a bit of caution as of the very little volume. If it had volume and bounced off the trend line id view this still as support and healthy that it bounced. But since volume has been low it could easily drop below support then fall off. Whats interesting in my views is the recent trend creating higher highs and higher lows. So currently within a short term bull trend. I remember watching AEO back in 2013 around 11-12p range and indicated on newforestlads other thread called chapter4 that i expected a rise. Then it turned out it went on a full bull trend heading to 90p. (Due to Momentum and positive rns) that was the first part of the cycle. Next part was the downtrend to the lows of 25p. Is this the beginning of the next trend upwards? I hope so and hope to catch it early. The beauty of this chat thread is i use it as a place to highlight shares which could be the next bagger where everyone wants to chase. If your lucky enough to find these and take up a position then the rainbow chasers will follow pushing up the price. Ill be keeping an eye on AEO next week. Maybe more volume will be present and the techies see the bounce from the trend line

Yeah NFL not liking oilies at all in this market. Not for holding long term anyway. If i was jumping into lek it would be gor a quick trade. Ill still keep an eye but would be looking for a close near 15p instead of bouncing off lower trend channel support as it could still hug the support falling further. Would like to see a day with big volume and finish red.. then would grab attention for the bounce if the bears are running out of steam. Good 30%+ trade. Ill keep my eye on things over on AEO next week for any cheeky movement under the radar.

i noticed LEK dropped to my 16.50p range indicated in my chart (even if it just touched i) if oil prices wasnt so dire id seriously consider it as its oversold and due a bounce. question is when and how much of a bounce is it due with downtrend of oil prices.

1st rise 26p- 39p not 49p indicated on charts.

revisiting AEO on weekly chart: http://www.screencast.com/t/kYPoTc4f looks SP has came out of downtrend and now in a bull trend where start of cycle started @ 26p. then created higher highs and higher lows then a double bottom at 30p (on charts it says higher high but forgot to delete text) both cycles of the trend went to 50%. could this cycle head up to 45p again or even better past it?. with RSI on both daily/weekly sitting on mid 40's theres still room to move until it is looked at oversold. recently bouncing off trend line with 2 recent healthy bullish candlesticks missed out on the initial 10% rise after bounce off the trend line but wanted to see if it did hold as support and never fell to lower support trend line. only issue is there is hardly any volume at present but that could change if a RNS pops out or volume picks up to kick start the momentum. possibly a good entry with recent support. i will be keeping an eye tomorrow and any signs of strength then i may take up a position.