formation*
is the lack of appetite to sell below 100 yesterday! looks to me (he says very tentatively!) to have put in a bottoming formatıon for now.
yeah, i think rudy hit the nail on the head with the 'stabilised' comment. it just feels ready to move..............one way or the other..............the odds favour an upward move so i guess in terms of risk reward its gotta be at least 3;1 right now. TBH just closing the gap would do me just fine for now! good luck mate
actually just re-charted this and its convinced me to top up, i am already here at ave 29p. the mega low volume and super tight bollinger bands tell me there is a pop coming soon, just a case of which way, but.............. with stoch so oversold and macd turning positive with rsi crossing 50 now i sense and upward break. put it this way, at 16p its close enough to the low to dip my toe for a few more. probability favours an upward move imo. good luck mate
stop ramping! lol i wanted 13.75 to double up and get my ave down to 17p! close your positions you buggger! lol
should push us down to 480s which is a nice buy in for 15-20% preofits here.in a downtrend but lovely swings nonetheless.
well done in here, i had been watching the freefall for months but never took the plunge afetr being bitten on some others i currently hold, but the 120s was an area i would have felt relatively safe in entering. anyway, i hope todays results are taken well by the market for you mate.
if we can get back above a quid! ftse opening up a 1% should help.
i was thinking EXACTLY that thought this morning! lol
hi bud, yes got in here at the 38p support, thinking it was a good price! even then i had the ugly descending channel and a messy head and shoulders targeting 19p beleive it or not. shoulda listened to the chart! lol bit like you mate, ive been easing off a bit with other things on the go, cant be a coincidence that its happened as i got hammered on lots of my holdings! got a few long holds now! cest la vie mate. worse things happen at sea and all that!
that stings! broke the rules and doubled at 18p! its going to be a long road back imo!
this is going to get uglier i'm afraid. those figures dont make nice reading.
yes ENEG was well timed! not sure now if we are retesting the breakout or hitting new lows as old support was resistence. would like back in but might see where she goes 1st and miss the absolute low! http://img692.imageshack.us/img692/8753/eneg.png
lloy sure does look weak now. shave 8 % off and i'm going in! add CAZA to the 'review' list pls chaps. soon enough to jump back in? 28 looks a good price.
if and when u get a chance can you look at 2 that i'm in. tell me your thoughts. RKH to me just looks like its desperate to fill the gap at 239 and failing that the bottom of the channel is 210ish. PPC (one of your old un's!) looks like its pivotal to cling to 40p. a flat bottom triangle targeting 23p! or its downward wedge targeting about the same by mid april. your thoughts?
all of what netley said and add to that reliable and textbook chart patterns that seem to play out well. i would add miners to the list as ive always found them to be very profitable if the pattern is textbook. add to that, that retailers are a no no for me this year and the feild narrows a touch more i guess.
hope alls well........... eneg sold for a wee 30%er. HDY crawling along nicely. Awaiting entry on HOIL (again) and EO a couple for those with money burning holes......lol http://img41.imageshack.us/img41/98/fep.png http://img130.imageshack.us/img130/5517/fpm.png oh and a nice hammer on CAZA today 15/20% there? short and sweet, keep well folks.
see that spike and flurry of orders go through between 3 and 4? some strange goings on there. ae we finally going to see some life to this one?
ditto! every time i think about hitting the buy button it just gets worse!
sold my 49p top up for 52p this morning as i dont like the look of it. still got the rest at 56 unfortunately! lloy again looks strong. if its above 60p by monday and things have calmed, i will look to buy if poss. its had an opportunity to get ugly but so far has not done so. would be happy if 5600 ftse holds.