goldfinger
- 05 Jul 2007 02:18
- 1217 of 3050
A lot of stop losses kicking in at the end of the day.
kitosdad
- 05 Jul 2007 07:19
- 1218 of 3050
Some of mine .... lovely.
azhar
- 05 Jul 2007 08:35
- 1219 of 3050
You guys may also be interested in PVCS. I have created a new thread for info.
Greyhound
- 05 Jul 2007 08:58
- 1220 of 3050
azhar, i've set one up already, been going since float.
goldfinger
- 05 Jul 2007 09:11
- 1221 of 3050
Yep Ive noticed the migration away from sola to pvcs.
Perhaps the advfn sola puffers would be better placed in pvcs now that a lot of them have been stopped out of sola.
cynic
- 05 Jul 2007 16:42
- 1222 of 3050
please please please keep selling SOLA, ideally in slabs of 100k ...... that will make me a very happy chappy .... lol!
capetown
- 05 Jul 2007 17:09
- 1223 of 3050
Cynic if i had any i would!!!,good luck to you.
ptholden
- 05 Jul 2007 18:38
- 1224 of 3050
Cynic, bit of an update for you:
I think you might have a better idea tomorrow where the SP is heading. At COP today it's sitting both on downtrend support and uptrend support. So it will either continue to find support from the uptrend or slide down the downtrend. Taking into consideration that the RSI trend support has now gone (can't quite see it on the snapshot) and that the MACD is approaching a negative centreline crossover I would guess that the uptrend support will fail and in general terms slide along the downtrend until it bumps into the original trendline, drawn from flotation date.
There we go, that's called sticking me neck out, could be a right load of old tosh though! Oh and if it does go the other way I would expect the more recently drawn downtrend to cap any rise.
pth
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azhar
- 05 Jul 2007 18:45
- 1225 of 3050
Sorry my fault Grey... should have checked first. Let's continue to use your thread.
cynic
- 05 Jul 2007 20:33
- 1226 of 3050
PT ... you're a gem! ..... must get together for a round
ptholden
- 05 Jul 2007 21:23
- 1227 of 3050
Cynic
You are welocme at LCGC anytime, drop me an email (will have to be sometime this month though)
pth
kitosdad
- 06 Jul 2007 07:31
- 1228 of 3050
PTH, nice assessment. Will watch with interest. Thanks.
Greyhound
- 06 Jul 2007 14:33
- 1229 of 3050
50dma clearly broken, support at 470ish and 200mda at 431p
goldfinger
- 06 Jul 2007 14:45
- 1230 of 3050
Yep looking at the chart from a TA view this would look to have 470p to 480p ish written all over it.
Greyhound
- 06 Jul 2007 15:45
- 1231 of 3050
Just out of interest, this is the share prices of PVCS and SOLA rebased since PVCS float. Naturally it will not always look like this, but for the moment the "trend is your friend"
goldfinger
- 09 Jul 2007 16:24
- 1232 of 3050
480p certainly looks on the cards.
Started fairly positive this morning aswell.
cynic
- 09 Jul 2007 16:37
- 1233 of 3050
slowly creaking downwards ..... for myself, would be very happy to see a general rush for the door!
ptholden
- 09 Jul 2007 16:39
- 1234 of 3050
Cynic, I'll stick the chart up later, looks good for your short methinks :)
pth
cynic
- 09 Jul 2007 16:43
- 1235 of 3050
i think so too ..... hope sp's attempted resilience proves to be just a dam of sand
ptholden
- 09 Jul 2007 21:11
- 1236 of 3050
Good evening Cynic dear chap, you seem to have been stirring up trouble on the SEO thread, shame on you :)
Here's your SOLA chart. As expected the SP has broken the uptrend support established from April, although I wouldn't say it is quite conclusive just yet. It also appears to be slipping down the downtrend, again as expected (I'm pleased to say- lends a bit of credibilty to my TA). I think what we should see now is a continued slide towards 480p where the SP will meet the long term uptrend. If this gives up the ghost I have drawn a steeper third downtrend line which again the SP may hug (downwards). If this happens we are certainly into new territory and possibly some dramatic moves. I have considered this business of doubling the shares in issue, which dependant on the ratinale and fundamentals behind such a decision could halve the SP and might be thought of as a 'dramatic move'!! All speculation of course.
Oh and the MACD continues to appoach the negative centreline crossover and the RSI support is certainly broken.
pth
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