snip, it's whatl you deserve for the rip joke....:)

roflmao bosley. I`m back, hehe he said that it had stabilised and I only had a clean!!

I changed the rip joke as some people were getting upset

candles are fantastic for showing a picture. Never mind the fancy names given to the patterns. The best one you could have for buying here would be a long lower stalk and a tiny top. This often shows the end of a trend and is actually called a hammer

something very odd going on - any ideas Snip?

maddoctor I always think that something is going on when shares are bought below the offer price ie people are selling to them at a discount but the 10 day graph is still ok. These re-tests are essential in base-building. The thing that I do find odd is that there are no big institutions involved in seo

Snip is that four candles or fork andles? lol

Baza, I can recommend "Japanese Candlestick Charting Techniques" by Steve Nison, available from Amazon.

Snip & Niels - thank you for the lesson. I dont think I want to study them - but wanted a bit of an entry lesson to get an elementary understanding.

Baza

I was hoping the 10 day chart above would update. Sadly not so I am posting the latest on monday 10th oct

notice the action below the level of the base of the open white candle. The last candle is a doji. It is indecisive but the bearish line above does not look good. It may change throughout the course of today.

and it changed while I was writing this. It now looks like a small open candle. Have a look eod because that will give a better idea

just indecision , my comment friday was really because i noticed that even with the smallest of sells the bid was moved down - seemed like nobody wanted the shares

re the top chart. There is just a small margin of safety before a potential big drop

notice the steepness down from 18 compared to the slope on the way up to 18

this has been under pressure for so long i would not be surprised to see it gap down

the chart for today the 11th

Mind the gap !!

Well spotted md

Been watching these for a while - but think I'll leave 'em alone until they reach 10p now.

looks like next small stop will be 10 but not much support there

snip
Agreed - around 6p is support - there are a lot of people who stepped in around there - doubt if they'll hold on too much longer and lose their gains. Could go sailing through 10p - unless it forms a new higher low.

watching for a blowoff here , may be entry soon

what's a blowoff?

Something that belongs on the Talk To Yourself thread, Bos!!
Alan

h6 naughty thread that

bos , think your taking the m*** but anyway watch the volume