A thread created for the TA of charts on the LSE markets. (aim and plus included)
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RESOURCES

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CHART SCREENERS

http://www.iii.co.uk/spreadbetting/?type=technical http://www.barchart.com/lookup.php?field=name&search=contains&string=YELL&e=nf&type[]=2&type[]=1&type[]=5&type[]=9&type[]=10&type[]=4&type[]=CAN&type[]=LON&type[]=IND#results http://www.autochartist.com/ Nb, only free to IG Index Members. http://www.britishbulls.com/

BULLISH TRENDING CHARTS. Timeframe 3 Daily. Updates And Renewals Will Take Place On a regular basis.

MOMENTUM http://www.onlinetradingconcepts.com/TechnicalAnalysis/Momentum.html ADX http://stockcharts.com/school/doku.php?st=adx&id=chart_school:technical_indicators:average_directional_

BEARISH TRENDING CHARTS Timeframe 3 Daily. Updates And Renewals Will Take Place On A Regular Basis.

12 WEEK HIGHS Timeframe 3 Daily. Updates And Renewals Will Take Place On A Regular Basis.

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RSl is looking good. Hope it can take out the resistance in the 228 ish area and then the gap.

Will update here at sometime this week. Snowed under in the outside world at the moment.

Looks like CSR will be added to the Bullish chart list.

Snowed under like you GF, but delighted wiith CSR - have held them since you first pointed them out a few months ago, up 38% this morning. Nice.

TYVM :-)

MARS on a run.

Bullish Trending Charts out goes PER, upward momentum stalled.

Bearish Trending Charts out goes BNK, bounce taking place off the bottom.

BULLISH TRENDING CHARTS newcomers are......CSR ABB CTH TRS PVR

BEARISH TRENDING CHARTS newcomers are....CLF MEC BRWM.

Significant to see 2 PI favourite miners shares their on the new bearish list especially BRWM, just shows how bad the Mining sector is doing at the moment (along with Banks the 2 go hand in hand to show strength of the market and economy in general.

NXT quietly making new highs today. (3294)

Added some more IMG today. See 500p pretty sharp. Flogged HRN for break even. Not taking chance with retail sales in melt down.

SKS Shanks chart looks to be bottoming out above on Bearish Trending Charts. Hmmm will have to look at fundies.

Bought SKS looks like all brokers have a Buy on it. SP target around 120p.

Forward P/E of just over 10 to next year....

Shanks Group PLC

FORECASTS WIRES 2013 2014
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Investec Securities
26-06-12 BUY 40.00 7.50 3.60 46.00 8.60 3.80
Peel Hunt
22-05-12 BUY 39.50 7.37 3.70
Charles Stanley Securities [R]
07-02-12 BUY 43.40 7.85 3.40

2013 2014
Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Consensus 40.17 7.49 3.62 46.00 8.60 3.80
1 Month Change -0.48 -0.03 0.00 -0.96 -0.20 -0.20
3 Month Change -1.70 -0.25 0.01 -0.96 -0.20 -0.20


GROWTH
2012 (A) 2013 (E) 2014 (E)

Norm. EPS 32.64% 36.37% 14.87%
DPS 11.67% 8.00% 5.03%

INVESTMENT RATIOS
2012 (A) 2013 (E) 2014 (E)

EBITDA £102.40m £108.77m £121.70m
EBIT £47.10m £m £m
Dividend Yield 4.28% 4.62% 4.85%
Dividend Cover 1.64x 2.07x 2.26x
PER 14.27x 10.46x 9.11x
PEG 0.44f 0.29f 0.61f
Net Asset Value PS 25.00p p p

Looks like a bullish engulfing candle if it holds til close.

Indeed it does yep missed that.

BT.A running again.

BOY

Worth keeping on the TA watch list. Looks like one massive FLAG pattern on the chart aswel. Id give 48 hours for break of 340p to be confiirmed.

This one has passed 48 hour rule on a 52 week break out. Problem is im adding another general filter to my system in this market.

The ftse must have broken out of a top (5700 in this case) and stayed their over past 48 hour or, the ftse must be coming off a bottom and stay above bottom for 48 hours. Think that would be 5250?.

Another poor day for the bulls.

A lot of tops forming on the Bullish charts in the header. Sideways movement developing. Got to give them a little longer before cutting them though cant see any rescue plan on the horizon in the very near term.

GDP figures a little later. HELP.

Consider Drax, went long this morning at 431 and just closed position 10 points up. I think this has further to go and so makes a nice daily play for those interested.

Hmm I like that stratergy shortie.

having a look ...cheers.

No doubt your aware of the renewable energy subsidary surrounding biomass and Drax. Todays announcement was responsible for the fall which I regard as overdone. Results next week also so should favour a few spreads... Margin also nice, 5% of notional value is all I'm paying!!

http://www.guardian.co.uk/environment/2012/jul/25/subsidy-rates-renewable-energy?newsfeed=true

However, biomass energy - burning energy crops, waste wood and byproducts such as peanut husks, olive stones and straw to generate electricity - will be boosted by the government's plans. Dorothy Thompson, chief executive of Drax, the biggest coal-fired power station in the UK, said that the new rules on subsidies could mean that the power station was burning more biomass than coal within five years.

Drax's proposed £650m-£700m investment in converting its coal-fired boilers biomass had been on hold for months, but Wednesday's investment was likely to mean that it could go ahead, she said.

"This is all about jobs in the UK," she said. "The UK is critical to us as part of the supply chain for biomass, but also for imports of biomass - through the port facilities, in storage facilities and transport."

She was "absolutely confident" of sourcing enough biomass, both from the UK and imported, to meet the power station's needs affordably.

The company's share price dipped on the government announcement, which Thompson attributed to a misunderstanding on the part of stock market analysts to do with a technicality in the subsidy system. Previously, it was unclear whether large power stations such as Drax would benefit from the new arrangements, because there were plans to treat the conversion of a whole plant differently to the conversion of smaller sub-units. Thompson said that this issue had been resolved in a way that would preserve subsidies for its plans, but that the markets had not taken this into account. Drax will publish its financial results next week.

http://www.guardian.co.uk/environment/2012/jul/25/subsidy-rates-renewable-energy?newsfeed=true

Aslo read have a look at http://www.ft.com/cms/s/0/44eaa81a-d63b-11e1-b547-00144feabdc0.html#axzz21e9GQa3r

Under the Renewables Obligation (RO) licensed electricity suppliers are required to source a percentage of the electricity supplied from eligible renewable sources, including both dedicated and co-fired biomass. This percentage increases each year and is 6.7% for 2006/7, rising to 15.4% by 2015/16.

Renewables Obligation Certificates (ROCs) are issued for each MWh of renewable electricity generated and are tradable. Compliance with the RO can be achieved by acquiring ROCs from generation or purchase, or paying a buy-out price (£40.71/MWh 2012-13). In this way a market value is provided for electricity generation from renewable sources. On 29th June 2012 the average price for ROCs was £42.02. The current selling price can be checked at: www.e-roc.co.uk/trackrecord.htm

Following the update to the Renewables Obligation allocations or ROCs are "banded", with different categories of generation receiving a different number of ROCs per MWh generated, depending upon whether they fall into the "established" category (receiving just 0.25 ROCs/MWh), "reference" (receiving 1 ROC/MWh), "post-demonstration" (receiving 1.5 ROCs/MWh) or "emerging technologies" receiving 2 ROCs/MWh). Under this proposal co-firing of non-energy crop biomass would receive only 0.25 ROCs/MWh, while co-firing of energy crops would receive 1 ROC/MWh (as today), dedicated regular biomass generation would receive 1.5 ROCs/MWh, while "advanced conversion technologes" (gasification, pyrolysis and anaerobic digestion), dedicated biomass burning energy crops, and dedicated regular (non-energy crop) biomass with CHP would all receive 2 ROCs/MWh.

http://www.biomassenergycentre.org.uk/portal/page?_pageid=77,20190&_dad=portal&_schema=PORTAL