A fair few stocks are starting to edge up again - maybe the start of a recovery or maybe they'll be squashed flat when the dead cat bounces on them.

Post any charts here.

Qualifiers are - recent uptrend (at least one significant higher high and one significant higher low) current price above a rising 50 day MA.

G

Green Shoots
Maybes
Removed after failing
Removed 6/1/09	Removed 6/1/09
Disasters

ps if you cant remember how to post a chart, cut and paste the following, replacing the epic.

<img src="http://charts.moneyam.com/Chart.aspx?Provider=EODIntra& Code=EPIC&Size=700&Skin=BlackBlue&Type=2&Scale=0&Span=MONTH6& MA=&EMA=50;&OVER=&IND=AreaRSI;&XCycle=&XFormat=&Layout=2Line;Default; Price;HisDate&SV=0">

Goldie - I agree it looks like AGK might be bottoming out - but on this thread we're really looking for shares that have emphatically broken any recent downtrend, and look like a new uptrend is underway. I know I've included some shares (eg PRU, BGC) that arguably don't meet the stated qualifiers - but I accept that this isn't an exact science, and I dont want to start putting other factors such as RSI divergence into the list of qualifying features - it would cause too much confusion, and one of the things I'm trying to do with this thread is to keep it simple.

From the chart above, AGK would need to break 515ish to fit the bill. At that level there would be a new higher high, the price would be trading above the 50 day EMA, and I expect the EMA would be rising. So if you're long and if AGK qualifies in the next few weeks, you'll have had the first 85p and also therefore the last laugh at my not including it for the time being.

Right im with you now on whats required, cheers gausie.

Stots by the way not RSI, and if you look carefully an inverse head and shoulders, but like you yep im all for keeping it straight forward.

Some of these have done well today.

Coming back after my tea.

Not talked of much lately, but thought i would add...

CEY is a good little company which has clearly benefitted from the recent hike in bulllion

BSY looks to be in cracking form.

Gausie - I mentioned these earlier?

Inverse head and shoulders aswell PTH...lovely.

A house builder or two!!

Beware the housebuilders, imo. July '08 on the graphs above show exactly the same scenario as now. 3 months later they were back to their all time lows.

i agree with harry ..... outlook for housebuilders (and WOS) remains grim

Randgold Resources (RRS) now 29.63 and still rising.

See, I told you "30 by Christmas", and we will soon be on to 60 by next. ;-)

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Have you read the comment from Mr Euro on the Mike / B'share thread: I'm at the front end of blue chip European business, a leading indicator if ever there was one, and things are bad, very bad. I dont want to go overboard but to say big business is suffering is a huge understatement.

Not sure about the higher low on TSCO

Tesco the High St Bank ? see RNS, certainly on a breakout today.