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
EBITDA £-11.64m £1.11m £34.81m
EBIT £-12.45m £-7.30m £16.40m
Dividend Yield % % %
Dividend Cover x x x
PER -20.28x -20.87x 154.06x
PEG f f f
Net Asset Value PS 244.09p p p
New feature added to header......... Bullish Trending Charts based on 3day period rather than daily to iron out daily volatility/noise.
Also used as lower indicators
Volume
Momentum
ADX ............. (if you want to know how they work click on chart school in header)
I know some will say RSI and MACD etc should have been used but to get the feel of the trend and the strength of it I believe the ones used are of greater importance.
As the trends weaken I will remove them off and add new ones. I have tried to cover all sectors market caps etc etc.
Thinking of adding Bearish Trending Charts and Range Charts at a later date.
Might have to squash some of the earlier header up so that its not too long. (actioned 06.25am )
All charts posted in future will be coming off a mechanical charting system I have developed. Not kipper 1 but kipper 2. I will be posting details of this in the top header in the coming months.
Basicaly its a momentum chasing system set up to capture 52 week highs 12 week highs but 52 week highs etc that HAVE STAYED 52 week highs ETC and not fallen back from the high. Ive got a high tech prog developer on the case rather than in its raw data form so fingers crossed. I will try and keep as much variation in the picks as possible from all sectors. (these will not be MY holdings but 1 or 2 maybe)
Dont want it to become a request thread as I simply just dont have the time for that, sorry.