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,
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:

Snip were you refering to The Vislink or this thread as the ramping thread? If the latter it wasn't started off with this intention. I hoped for feed back n interpretation with information leading to the formation of opinion, either positive or negative.

Anyway Vislink is up again at approx 37p.


BlueMango will try and have a look at Proteome charts and TA a little later. First glance look prmising, but in the middle of making a radish soup and Cherry Brandy and Cherries Bread and Butter pudding, to go with a Guinea Fowl, Cream and Leek casserole.

All quite slimming.

Had a quick loook. Overall the 6mth trend seems intact up to 99p to-day. Had a look some TA not sure but seems a little weakening. Trouble with these companies is lack of fundamentals. Haven't scanned Recent News. Perhaps Snip will offer his views.

Many thanks Fred. Like the sound of the casserole, and my wife says it sounds like you're fond of cherries (she is too) and when can we come for dinner? ;o)

On more boring topics, Proteome has been a bit lacking on recent news but Chris Pearce CEO is reported to be very upbeat and relaxed about current progress.

The casserole was good but I think i would use chicken thighs next time as they are more succulent. Cherries bread and butter pud not to bad, better with Maple syrup and Brioche. Radish soup interesting especially with dollop of cream. Similar to Spinach soup.

Right now the important bit is out of the way. Any body use trends and channels for setting up stop losses?

Those who use trend reversals for B&Selling. what parameters do they set?

What are the most useful indicators and why?

yes Fred. I use a % stop loss set within a channel. The % can vary depending on the height of the channel. Similar to swing trading
I use indicators only as a signaling tool in a minor capacity. I mainly use support/resistance and experience of candle charting and I am always mindful of the sheep/herd mentality when I analyse my charts. By the way volume is a huge indicator for me

Fred

Sometimes TA doesn't do quite what you expect it to do. Posted this chart and comments on another thread on Friday. From my analysis on Friday everything looked quite rosy and then today, bam, a profits warning and the SP drops 111p. Would be interested if your TA would have supported mine on Friday?

pth




However, I do like this chart for the following reasons:

1. The SP is in a near perfect uptrend since August last year and following recent activity there is no reason to think that this will not continue.

2. During June the SP formed a double bottom and has bounced. (Double bottom is a reversal pattern after a downtrend). What is improtant about this bounce is the accompanying increase in volume.

3. Following today's rise the SP has achieved a chart breakout, again on volume. By which I mean breaking above the resistance of 1750 established in March (4 times) and May. You may wish to be cautious and wait until the 1800 to confirm this breakout.

4. Moving Averages are all in the right order. RSI looks like it has some legs left.

5. MACD looks good: Moving average crossover & centre line crossover.

Not sure why you have set a target of 22. looking at the chart, the next hurdle should be the resistance at 19, whic is where I would set my target.

Pholden
I would agree with you.

5year graph looks good trend as you say intact.

MACD look good

Trix Looks good (I use a short term, although it is supposed to be long term indicator.)


RSI (15 day) is a touch above 70



Looking back over the volumes for two to three years the volumes increase with the price were a little small.

BUT BUT BUT
Travis Perkins moderates FY expectations as trading remains challenging UPDATEAFX
(Adds further comment from company)LONDON (AFX) - Travis Perkins PLC, the builders' merchant and DIY retailer, said trading is set to remain challenging for the rest of 2005 and it has therefore 'moderated' its expectations for the year.In a trading statement, Travis Perkins said group turnover for the first six months, including the effect of the February acquisition of Wickes, was up by 41 pct, but on a like-for-like basis sales were 0.5 pct lower.'We expect the trading environment for the remainder of 2005 to continue to be challenging,' the group said in a trading statement. 'Whilst we have taken prompt action to reduce costs this will not fully offset the impact of the current trading environment, and our expectations have been moderated accordingly.'But the group said progress on the integration of Wickes is proceeding ahead of schedule.At Wickes, total sales for the 26-week period to June 26 were down by 1.7 pct, and 4.9 pct lower on a like-for-like basis, Travis Perkins said.Home delivered showroom sales, which account for around 16 pct of Wickes total turnover, fell by 8.4 pct like-for-like as consumers reined in their spending.Travis Perkins said although the DIY market is showing signs of recovery, this improvement has been patchy and slower than expected.
However from yesterdays Sunday Times by john Whapples
************
Travis Perkins THE nearer you get to the consumer the tougher business is. That's likely to be the message tomorrow from Travis Perkins, the 2.1 billion builders merchant, when it gives a pre-close trading statement Travis, through its ownership of Wickes, is not immune to the high-street chill. But it is not as exposed as a pure DIY operator like B&Q, and Travis's core heavy- side business, which services the jobbing builder, is holding up well.
Trading in the first half of the year has been tough and if it continues, the group will miss full-year profit forecasts of f260m, but only by a'whisker. Investors will be encouraged by an update on the 135m of savings being made from the Wickes deal. These are running slightly ahead of expectation and other areas to save costs have been identified.
The shares have fallen 10% since February, which is in line with its peers. If interest rates are cut, this will boost the housing and DIY market.-

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I am relatively new to TA (Started with scepticism about three years ago, and Still stumbling but learning). But what I am building into my check list before buying (or selling) on a trend is to check when an announcement is going to be announce (like a trading update) and then if I am in profit consider dumping and re-buying if info is good.
The only problem I can never find the checklist when I feel like buying.

One thing I do pay attention to before buying is the rate of change or speed of overall trend over a short period 2months + and extend it over the year. (percentage change) I suppose it would be fairer to shove the other shares I am looking at on the same chart and compare.

Also I am tending to use log scale prices.

Snip I utilise you method with channels, but I am stupid and only too often over rule my previous decisions. Usually at a price.

Fred

GFRD starting to pick up

Fundy,
The volumes look down for the last couple of days, but if they pick up it would look promising. The percentage rate of change ove the last 6mths is about 12%, but I think that looks like picking up. If the projected PEGs are "correct" it should do.