CHART ATTACK - Longs and Shorts. (epic char)
(CHAR)
goldfinger
- 12 Jan 2010 20:42
A thread created for the TA of charts on the LSE markets. (aim and plus included)
Beginners and advanced wellcome. Long or short, just post your views and lets have some positive discussion. FIRE AWAY.
NB, UK indicies and sector charts can also to be included in posters analysis
Going to start using ADX indicator so can see strength of these stocks approaching 52 week highs and wether or not its 25 or above before buying. might also use another forward filter aswel.
Seymour Clearly
- 29 Jun 2011 13:54
- 1451 of 3532
I got lucky (timing-wise) with WLF and PVCS, dumping both before their recent respective disasters (wipes brow)
Got shot of PFD too but took a bit of a loss on that one...
GPOR looks to be in fine fettle. Hot sector, recent broker upgrades, relative strength strong and solid results last time up.
On the chart looks a fine opportunity to get onboard the uptrend. On momentum just moved above 0 neutral and looking to hit the upper line or more and ride the uptrend from here.
Chart oscilator Disparity Index shows that at present the index has a upper reach of +10 and a lower reach of -3 with the index still some way to go to reach +10 an ideal time to get on board the uptrend.
Disparity index being top oscilator and below it the RSI. Strange the labels havent come out.