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
Pinewood Shepperton
Decision for Project Pinewood planning permission
RNS Number : 9130V
Pinewood Shepperton plc
20 January 2012
20 January 2012
Response to Secretary of State for Communities and Local Government Decision regarding Project Pinewood
Pinewood Shepperton plc ("The Company") is disappointed by today's decision by the Secretary of State for Communities and Local Government to refuse planning permission for Project Pinewood. The Company will now take time to review the decision in detail.
The Company's investment in the Project Pinewood land and costs incurred for the planning application are not material to the long term prospects of the Company. The Company will continue to implement its master planning consents at Pinewood and Shepperton studios and pursue its international strategy of developing studios overseas.
Pinewood Shepperton plc is the leading European provider of studio and related services to the worldwide film and television industry.
Enquiries:
Pinewood Shepperton plc
Andrew M. Smith Tel: +44 (0) 1753 656732
Brunswick Group LLP
James Olley/Oliver Hughes Tel: +44 (0) 20 7404 5959
Chris, speaking from experience if you really don't want to smoke any longer it will be easy, and start looking forward to your food tasting much better!
Shorted EXPN which has recently hit it's highs - divergence on the daily chart between Stochs and Price. A MACD divergence over the last couple of months also gives weight to an exhausted move. Volume's have remained rather steady so not giving much away. Also on the candlesticks (apologies for this being the wrong chart - still getting the hang of posting charts!) a bearish engulfing pattern emerged Fri 20/01 as well as a MACD divergence bar recorded on the 20th also.
Gone long on MRW closed out my Old Mutual for a small loss. FTSE looks like it could trade up to 5800 and beyond?. Was a technical short on resistance at 145p but looks through this now. Cutting losers quickly and letting winners drive on.