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The objective stanelco thread (SEO)     

Snip - 05 Oct 2005 17:31

Chart.aspx?Provider=EODIntra&Code=SEO&SiChart.aspx?Provider=EODIntra&Code=SEO&Si

treikiman - 07 Oct 2005 16:48 - 17 of 60

Snip is that four candles or fork andles? lol

NielsJensen - 09 Oct 2005 19:35 - 18 of 60

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

bhunt1910 - 10 Oct 2005 09:37 - 19 of 60

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

Snip - 10 Oct 2005 10:42 - 20 of 60

I was hoping the 10 day chart above would update. Sadly not so I am posting the latest on monday 10th oct
Chart.aspx?Provider=EODIntra&Code=SEO&Si

Snip - 10 Oct 2005 10:45 - 21 of 60

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

maddoctor - 10 Oct 2005 11:17 - 22 of 60

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

Snip - 10 Oct 2005 15:07 - 23 of 60

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

maddoctor - 10 Oct 2005 15:52 - 24 of 60

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

Snip - 11 Oct 2005 08:06 - 25 of 60

the chart for today the 11th

Chart.aspx?Provider=EODIntra&Code=SEO&Si

mg - 11 Oct 2005 08:07 - 26 of 60

Mind the gap !!

Well spotted md

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

Snip - 11 Oct 2005 08:07 - 27 of 60

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

mg - 11 Oct 2005 08:36 - 28 of 60

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.

maddoctor - 11 Oct 2005 08:48 - 29 of 60

watching for a blowoff here , may be entry soon

bosley - 11 Oct 2005 09:26 - 30 of 60

what's a blowoff?

hewittalan6 - 11 Oct 2005 09:28 - 31 of 60

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

maddoctor - 11 Oct 2005 09:31 - 32 of 60

h6 naughty thread that

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

bosley - 11 Oct 2005 09:31 - 33 of 60

lol, i think we'd get banned if we put pics up of that!!!! best not mention it to jimmy.....

bosley - 11 Oct 2005 09:33 - 34 of 60

it was a genuine question, maddoctor. i'm guessing it's some mad fluury of sells sending the sp down even more before it starts creeping back up in anticipation of news? that's something that has happened consistently with seo. dive before news.....

jimmy b - 11 Oct 2005 09:37 - 35 of 60

Watch out bos i'm lurking, and looking for a picture ,now what do i punch in to the search engine ??

Snip - 11 Oct 2005 09:43 - 36 of 60

a selling climax. Not likely here until around 6p. sellers are selling on the way down in order to wrap up a smidgen of profit or if they are awake enough not to lose most of their pot. It depends on the individual original buy point. The current buyers are into catching falling knives. There is absolutely no buy sign here

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