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.
Alex Young was Scottish wasnt he, tallish inside forward blonde/a bit red hair, Im sure I saw him playing at the end of his career with a non leaugue club. Just cant remember where now.
Quite a few of my recent charts are doing very well. Im amazed given its september.
I suppose the dog is THT but they were very good results and just think its a temporary glitch. Mind still up on when I posted it last weekend.
Trying to find stocks that are out of inbalance with the market and oversold. Best not go for them if your a long termer.
Strange how one changes over the years. I used to be a contrarian value investor 10 years back and never touched charts.
You can always tell the good investors/traders as they are still here posting. So many and I mean a lot have left the business over the years and some of them were very well thought of aswel.
Hi Skinny
The RSI on GLI is in a rising trend and steep too. So will watch this tomorrow. Noticed that the spread is quite tight so that is also a good sign.
Support and resistance at 6600 yesterday. Will take something extra to break resistance at 6700 achieved at the height yesterday. I remain sat on the fence not opening NEW positions just adds.
Certainly a lot of the yielders I post are normally thinly traded - but they are (for me) a buy and hold - I only post them if they are trending/breaking out.
Plenty of others on here are readily traded - CLLN, DDD in the recent posts.
I agree SK. Most trade well and especially CLLN was a great trade, as was IMG a couple of weeks ago. I like to buy and hold as well as trade so a well covered dividend is a good comfort!