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
Your probably spot on kully, the above charts at top of thread are not my recos dont forget they are just stocks that have hit normally 9 month or 12 months highs or other way round for bearish stocks.
They are picked so that they are as liquid as possible.
I have done no research on them at all, these are just IDEAS dont forget. Its up to posters to DYOR on them and take it further.
Having said that I have had a few nice earners on them jumping on the trend on pull backs etc.
Good luck have a nice weekend.
Im off up to Wetherfield Manchester tonight to Terry Duckworths new bar ie, Spearmint Porno. Ive heard its a lap dancing joint.
Thinking of adding a third category of chart to the header ie, CHARTS IN A RANGE, if you have any examples please post them down here. Got a few ideas at moment but would like more.
Just had another quick look at the uptrending charts and Senior and Diploma look absolute peaches. TCY looks a real corker. Just my own observations. I do not hold them.
Gone long on DPLM results in about 10 days hoping for run up. Trading ahead on last statement. P/E of just 13 to 2013 and that looks like its going to fall.
Morning gents, gone short IMT this am, not much on the indicator's side I could comment on but recently 2600 has proven a big resistance level and also going back historically seller's have stepped in at this level.
Combined with the downtrend on the Daily FTSE chart which started on 14/03/2012 I think a few more shorts go in the folio, have a gr8 bank holiday all.