Have you a Share with an interesting Trend or TA?
Looking around the various threads and especially Max up your Sip ISA and PEPs thread on Traders Room, I think it may be of interest to see what others have on their watch list or in their portfolios. Ie. Pondering over buying or selling.

Intimating reasons for buying or holding. I was thinking of addressing the thread to longer term trading ie anything over 3mins up to 5years.

If there is interest it may be reasonable to cut and paste some to the postings to a thread under the epic name for further follow up or discussion.

I will kick off with one of my failures, which I should have cut my losses on. But to a certain degree is still a free ride as I sold at the peak to buy again later. (If there is such a thing, and if there is why is it sometimes so bloody painful.)

Amstrad.







Bought originally because of :-

1) Promising rolling yield about 4.8%
2) Dividend cover of about 3
3) Increasing turnover 3years
4) Increasing eps over last 3years
5) I thought the results were good but played down by Sugar as is his way.
6) Interesting Nick knacks with suggestion for boxes of increasing turnover
7) SP Trend line form June /03 until Sept /05 good. Trend line at 103% per annum
8) There has been announcements of further deals for his boxes


But since then had a retracement to about 150 with a kick back up to 193 in February 05 followed by drop to 131 at 10/6/05. Since then there seems to me to be price break out on goodish volume on the 10th /6/05,

I think the trend is reversing but appreciate opinions. I still have reasonable tranche of these and intend holding until annual report 23/9/05

Against it is question whether it shows signs of further retracement, although the SP to-day was up.

Comments welcome on this share and others.

Apparently there will be some new to-morrow or within a few days.

http://www.bioprogress.com/html/news/news.html

Fred1new,
What a great thread, I have been interested in TA for many years now and started off with Fairshares Portfolio (subsequently taken over by Updata) I now use Metastock the american charting package with end of day updates from Financial express Prestel (99 pa). Used to take sharescope in the early days but because of travel stopped it. Metastock( a Reuter Company) is a very comprehensive package with many indicators and expert commentary. I have end of day but real time is available if required. My bible is "Technical Analysis of the Financial Markets" by John J Murphy.
Due to former profession could not trade daily and tend to look on the negative side if the indicators are inconclusive.
At the moment I am in and out of NETeller(NLR) when the indicators say GO.
Will be a regular watcher. SD

Fred1new,
Sorry forgot to say Metastock is at http://www.equis.com SD

Metastock seems a little to expensive for somebody as poverty stricken as me. But may have a further look.

Here is another share which hads been a little dormant for a while but seems to be breaking out again with slowly increasing volume and with good support at about 27p.
There are two threads for further info with some detailed fundamental examination.

Think it will do well once again hoping for 40-45p Bought numerous times and also added another tranche earlier to-day.




Before purchasing have a look at the other threads and DYOH.

i wondered how long it would take you to get an RTD chart on the thread Fred :-)

heres another one with strong fundies and a nice long term chart with plenty more upside imho dyor nag etc etc

Fundy I thought you were a fundamentilist at heart.

Fred

as you well know - i am!!!

Doesnt stop me recognizing a nice chart on a share i hold that also happens to have cracking fundies.

In all seriousness i am slowly trying to learn a bit more about TA - you can never have too many tricks in your box!!! I always base my decisions on the fundies, but knowing the chart backs it up or helps with the entry point cant be bad

Fred1new,
Good article in IC this week on TA good run down on many packages. SD

This is to annoy Dill.

The charts are enlarged slightly to be able to view candles more clearly.

I have been a holder of this share for to long, my average hold price is about 80p now, having caught a falling knife once or twice too often.

Think the overall outlook for company is good, but difficult to separate fact from fiction.

I think with the replacement of Non Exec chairman, changes in management, recent strategic and financial review and Money in the kitty there will be a recovery, which is possibly beginning to show in TA. I would think it is one to watch over the next few weeks, if the new uptrend is confirmed it could be a reasonable buy. But let the volumes and other punters confirm it first.

There are a fair number of institutional holders.

DYOH DYOH DYOH





Today a Doji was formed. This shows indecision about the direction of the market and it represents a tug-of-war between buyers and sellers.

The above was pinched from British Bulls page for 26/6/2005
For those newly interested in Candles worth a look, has been posted on other threads before http://www.britishbulls.com


Any views or feedback appreciated.

Links for information which looks promising


http://www.bioprogress.com/html/news/archive/09-11-04.html
http://www.fmcbiopolymer.com/Biopolymer/V2/BIONewsDetail/0,1418,3010,00.html

Fred1new,
Smashing charts. Would be interested to learn how to draw trend lines on these charts because if you draw a trend line from the high in October you will see there has been no breakout yet. In fact many of my Metastock indicators suggest you should enter a short position this morning on open. Personaly would not enter long at this time as 21 day RSI is below 50 which indicates a sale according to American guru Chris Manning (I attended his 3 day seminar some time ago and monitored his method for a considerable time discovering he was right most of the time). Hope this interest you. SD

Seadog, So would I. I tend to use Sharescope for perusing charts and indicators as 1) I know it (even if i don't understand it) 2) also it is easy to draw trend lines etc. and add information to charts.
One of the problems I find starts with whether you use log scales which seems sensible to me, but the graphs can change dramatically depending on what scaling is used. Another is whether you use closing or mid prices etc. This again can change trends considerably. I tend to look at both for information.
As far as Bprg is concerned I agree to you, but perusing the Charts and indicators again I would not go short and with the recent news update would expect it to rise over the next few days. We will see, I am continuing to hold.

Fred1new,
I use closing prices and linear all the time so its interesting and I will try mid and opening prices as well. I also use weekly charts for long term trends. I see they are up this morning.

Seadog, I am not sure about your package , but I sometimes like using bars for drawing trends and channels. I can use the extremes of the days tradings and sometimes see a pattern which may be useful. Depending on way the trend is going. PerhapsI read to-much into them but think I am improving a little, but have to control my vivid imagination sometimes. Also like using the daily extremes for fixing stop losses. But I need a lot more discipline.

I also look longterm at weekly and monthly candle charts, usually without drawing any useful conclusions as yet.

Charts as fascinating, but still looking for the X spot.

Another one for the interested. I bought first 6/5/99 and sold to buy again 5/9/02 and 4/6/05 It has been a long haul with not much to show but now seems to be picking up and I expect good returns.

I have place multiple charts showing up trend etc over the years and months, the last does seem a decisive break out. Interested in opinions neg. and positive

I think this is a runner.

I think the SP movement over last week id based on
Vislink says Link Research unit wins 1st major contract for 1.8 mln usdAFX
LONDON (AFX) - Vislink PLC said that its subsidiary Link Research Ltd has been awarded its first major contract for 1.8 mln usd, to supply wireless camera systems in the US.Ian Scott-Gall, chief executive of Vislink, said: 'This contract underlines the opportunities in the US market for Link.'
And this:
AFX News Feed
Wednesday, 25/05/05, 12:32
Vislink says trading in line, 'significantly ahead' of yr ago

LONDON (AFX) - Vislink PLC said it made a promising start to the year, with trading in line with expectations and "significantly ahead" of the previous year. "The order inflow has been particularly good for MRC in the domestic US markets and for Hernis in its marine safety market," chief executive Ian Scott-Gall said at the company's annual general meeting. Vislink, which supplies microwave radio and satellite transmission products for the broadcast and security markets, said it is encouraged by the current level of trading. The UK business is now seeing stronger international demand although the market has remained competitive, it said. A large contract in Venezuela is expected to benefit the second half with completion in the fourth quarter. It also said MRC was awarded an order worth more than 4 mln usd for its TSSR US military radios. Link Research Ltd, which was acquired in February, has made a good start as has Hernis. Orders and operating profits at Hernis are in line with expectations. Hernis has seen growth in its Far East markets with significant orders for both marine and offshore oil and gas projects, Vislink said.


BDYOH

For further info have a look at VISLINK STRONG RISER 2005 (VLK) thread

now known as

`The Ramping Thread`

pity

however as this is/was a TA thread

watch the empty candle and the bearish stalk today then look for a possible test of 30/32 and observe what happens in that area ie bounce or failure

Snip I see what you mean, I would take it as a period of indecision at 30.5p which hopefully would form a support line. But I think the movement is due to news of deal and perhaps the underlying tip :-

We will see!!! One problem is small Market size.

http://www.timesonline.co.uk/printFriendly/0,,1-38-1672965,00.html

There must be some others out there drooling over charts with good or bad points.

If you are worried about spoiling your buys or sells. Post after your action.

Hope some here gained from DAG chart posted here around a week or so ago. Here's another one:

Proteome Sciences (PRM). Biotech (yes that dreadful word, but read on), with low cashburn, focusing on proteomics to provide early diagnosis of disease in eg stroke, screening of blood donations for vCJD, BSE live test in cattle, Alzheimer's etc. CEO Chris Pearce has repeatedly flagged that license deals with upfronts, milestones and royalties are expected from three main parts of the business 'by middle part of 2005'. Two-year chart: