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 plus FX can also to be included in posters analysis.

Money am instructions for posting a chart..http://www.moneyam.com/help/?page=charts

Kipper System 1 http://t.co/heOgs9b

nb, you may have to log in to get access to some of the links here below. Every one is free.


DAILY MORNING CHARLES STANLEY Traders Bulletin

http://www.charles-stanley.co.uk/traders-bulletin

Central Research Morning Report,

http://t.co/BTw64ZxW5e


RESOURCES

http://blog.tradersdaytrading.com/

http://stockcharts.com/school/doku.php?id=chart_school

http://www.cantos.com/masterclass

http://www.onlinetradingconcepts.com/TechnicalAnalysis/ZigZag.html

http://bigcharts.marketwatch.com/http://www.stockmarket-coach.com/index.html

http://www.trade2win.com/knowledge/equities/

http://www.babypips.com/school


CHART SCREENERS

http://www.iii.co.uk/spreadbetting/type=technical

http://www.barchart.com

http://www.autochartist.com/

http://www.britishbulls.com/

GF - a mention here.

Cheers Skinny nice, very nice indeed.

FRES Fresnillo from John Burford iii 12/01/2015

Update - Fresnillo

I featured this very interesting share on 8 December with this chart updated on 29 December:

I show a lovely textbook five down to sub-700p and then a large wedge (see text, pp 33-38, 71-80, 152) in formation. This had all the appearance of a basing operation. I reckoned that if the market could break above the upper green line that would set the seal for a vigorous rally.
Another factor in support of my bullish forecast was the extremely bearish market sentiment towards gold/silver. Most pundits expect the PMs to decline with a commonly-held target for gold to sub-$1,000. I had the exact opposite view.
Now, just last week, the market broke up with gold out of the wedge on strength:

This now sets up my probable Elliott wave roadmap. If my labels are correct, we are in a third wave up - and these are generally long and strong. My first target is just above at the 850 area (the Fibonacci 50% level), but much higher targets beckon.
Another charting target based on the wedge thickness at the left hand edge is the 900 area.

As I wrote in December, this share holds great potential for appreciation over the next few months.

Will ITV break 225 and continue the uptrend ?

Climbing the gap.

GF, good call on Greggs..

One to watch.

I bought a few the last few days, but may be worth watching for a few more days.

Has for me a trading range 250-300 at the moment, but expect 300 to be broken.

My MAs are different to usual and not +ve









Date Broker New target Recomm.
14 Jan Deutsche Bank 327.00 Hold
12 Jan Citigroup 365.00 Buy
12 Jan Deutsche Bank N/A Hold
9 Jan Jefferies... 276.00 Hold
19 Dec Deutsche Bank N/A Hold
12 Dec Citigroup 365.00 Buy

Lovely chart that Fred, up and down up and down up and down.

Right from Jan 2014.

With hindsight you could have made a fortune on the ranging here. Buying and then selling.

Certainly going to have this one on my red hot buy list. cheers

Probably a good thing to have it on your red hot sell list too.

:-)

Thanks,

Just bought a few more.

aaahhhhhah!

LOL EXEC.

someone stomped on your testicles perchance? :-)

RBS Royal Bank Scotland looks to have been way oversold a presents an opportunity for a medium term trade. TGT 415p

i confess that i'm steering clear of all financial stocks, for there are regular reports of yet more very expensive skeletons falling out of the cupboard

jp morgan was the latest with a new set-aside of $1bn for fines for some sort of rate rigging

though other banks have not (yet) been implicated, this sort of stuff inevitably affects them all

effects of collapsing oil price
up to now, we have only had anecdotal evidence and whatever we have read in the press

however, i can now report first hand from our people in usa/canada where a couple of mining/oil "serious" clients will be returning kit due to mothballing of projects

those clients will not be in isolation, and of course there is and will be further repercussions not only in usa but also all over the world where these activities take place

=============

if you're a bull for 2015, i'ld be very very wary

if you play the stock indices, then it could be a wild time as i think there's still hefty volatility to come

One for the candlechart specialists. Ibex Global (IBEX) has not produced one positive candle since mid-December 2013. Downbets are taken online at Spreadex or by phone at IG.

I have been short of it in the past, but after closing my position last August, I forgot about it till this week. Share price dropped a further 6.3% this morning.

They operate call centres in various parts of the world but are a tiny player in this field (market cap below £38m now)

Chart fell heavily in March and October (HY and FY Results).

Ashmore Group (ASHM). Fund manager specialising in emerging markets. Simple 200/50ma on longterm chart, 200/50 and 13/9 on shorter term chart.

Anyone care to apply indicators that give a positive view? I remain short at present, but whether long or short I am always concerned to hear indications of any imminent reversal.

Having in the past studied a VERY wide variety of indicators, I ditched most and nowadays use very few; namely MAs (various), RSI (basic Wilder 20 Daily), support/resistance levels (horizontal only, never slopes), a small handful of candlepatterns for half-week trades, doubletops/bottoms. All used in conjunction with newsflow and a very limited set of financial data (debt, earnings growth, peg, and occasionally other bits). But my selections almost all arise initially from visual chart scans rather than data mining.

At present my short term portfolio is almost all downbets.

Its on my radar, at 240-235 I'd expect a bounce. Looking to buy long and play the range. current sp puts it on a p/e of 13. 2014 operating profit 169.7m, net company worth book 543.6. so at a p/e of 12 market cap comes in at 2597m currently 1824m off a declining operating profit but still makes me feel both technical's and fundamentals are on for this bounce.

Interesting insights all.