600 Share Discussion Threads

[mr_bluesky] 26/1/2013 17:21

ECM break out chart 25/01/13:248p

I like this chart so I thought I would draw it up!

ECM has been on a general down trend since june 2011 and,with the recent rally,has broken out of it.The rally from the early December low of 202p has taken it to a high of 250p in early Jan this year.This formed the flag pole and the sideways trend it is in now is the flag.The price is now at 248p and needs to break through 250p for confirmation of the bullish pattern.The break through should see a move to c295p where the rally will more then likely stall again.

ECM has an IMS on friday so this could well re kick start the rally again.
I dont think the market is expecting any fireworks from it so a better then expected statement may well be enough!

Mr Bluesky

[cjohn] 26/1/2013 14:33

And an analyst visit to Electrox.

[mr_bluesky] 19/1/2013 10:27

The Week Ahead

Key Companies Reporting: January 21st - 25th

Monday – Interims: City of London Investment Group (LON:CLIG).

Tuesday – Trading Announcement: SABMiller (LON:SAB), Fresnillo (LON:FRES).

Wednesday – Finals: Unilever (LON:ULVR). Trading Announcement: Close Brothers (LON:CBG), WH Smith (LON:SMWH), Hochschild Mining (LON:HOC). IMS: Britvic (LON:BVIC), Findel (LON:FDL), Land Securities (LON:LAND), Sage Group (LON:SGE).

Thursday – Finals: Chemring (LON:CHG). IMS: EasyJet (LON:EZJ), Invensys (LON:ISYS). Trading Announcement: St James Place (LON:STJ), Carphone Warehouse (LON:CPW)

Friday – Trading Announcement: Anglo American (LON:AAL), William Hill (LON:WMH).

Will comment over the weekend!

Mr Bluesky

[mr_bluesky] 18/1/2013 19:00

End of the week and the shares I picked to perform well on announcement have done pretty well.

out of the seven I chose five closed the week up and two remained virtualy un changed.

I did miss EXPN,ABF and SXS as risers though from the list published but the other 8 that I did not like the look of all finished the week down.

Not a bad result and roll on next week!

Mr Bluesky

[cjohn] 14/1/2013 11:14

And they've put together a decent distribution agreement for the Low Countries and Belgium.

[mr_bluesky] 13/1/2013 18:46

The Week Ahead

Key Companies Reporting: January 14th - 18th

Monday – Trading Announcement: Taylor Wimpey (LON:TW.). Interims: Big Yellow Group (LON:BYG), Greene King (LON:GNK).

Tuesday – Trading Announcement: N Brown Group (LON:BWNG), Burberry (LON:BRBY), Michael Page International (LON:MPI). IMS: Halfords (LON:HFD).

Wednesday – Trading Announcement: Barratt Developments (LON:BDEV). IMS: Diploma (LON:DPLM), Experian (LON:EXPN), JD Wetherspoon (LON:JDW).

Thursday – Trading Announcement: Computacenter (LON:CCC), Dixons Retail (LON:DXNS). IMS: Aberdeen Asset Management (LON:ADN), Associated British Foods (LON:ABF), Home Retail Group (LON:HOME).

Friday – Trading Announcement: Bovis Homes (LON:BVS), Spectris (LON:SXS).


Well reporting season is starting to hot up now and there have been some very bullish moves,unsuprisingly due to the santa rally,from alot of the companies next week.

Not had much time to study charts over the weekend as I have been away so I will pick the ones that I think will gain the most by the week end from their announcements:

GNK(648.5p)

BWNG(373p)

BRBY(1305p)

MPI(404p)

HFD(329p)

CCC(410p)

HOME(123.7p)

The above companies I believe to be about to have a technical break out from the pattern formation on the charts and could see the best gains from the above list next week.There is alot of bullishness at the moment and the ones I have not highlighted is not necessarily because I think they will not perform well its just that I like the look of the charts of the ones I have picked.

Lets see how they do!

Mr Bluesky

[mr_bluesky] 10/1/2013 09:46

Time to post this again.Looks like my positive senario is playing out well...


TSCO 30/11/12:

Infact having just looked closer at the chart for TSCO its more like a break of c340p then c360p as I have the descending resistence a little lower on reflection.

A break of 340p could well see a rise to close the gap at 365p to 383p but a failure could see support at 280p tested.

The RSI is at 60 and trending up and,as I said,I like the look of the way the MACD is forming so could get a little move north.

Mr Bluesky.

[psmig] 06/1/2013 17:51

(SHI) - Share price has risen significantly in 9 of the last ten January's. And is one of the best performing stocks of the LSE index for January.

Taken from the 2012 Stock market Almanac.

[mr_bluesky] 06/1/2013 13:53

OK!

Having looked at the charts two shares jump out at me as interesting!

They are CTO and SHI.

CTO:(60.5p)

CTO rallied in 2009 to early 2010,but has been hit hard since falling from 170p+ in 2010 to -40p at the end of 2011.It looks to have bottomed now and has rallied along with the markets from c40p to c 62p where it is now.

chart indicators are showing over bought now so i would expect a period of consolidation/retrace before a renewal of the move up.There is a big gap down to fill so I would not be comfortable taking a position until c80p has been broken through.

Short term and long term CTO does seem to show all the signs of a good investment and its just the kind of share I like to get in on for the recovery play.

CTO have a trading announcement on Friday so it will be very interesting to see what they have to report.

Mr Bluesky


SHI:(124p)

SHI has had a massive fall from grace in 2007 from a high of over 1400p to a low of under 80p in 2009.

It has been bumping along the bottom of the chart ever since.It has rallied from its june low of c80p to 124p where it is now and has done particularly well on the recent santa rally.It has also just golden crossed which is very bullish.

for me I would like to see it clear c150p before I consider a position,but indicators are pointing to SHI being a good investment for the recovery and a good trade.

SHI has a trading announcement on Thursday so look out for that.

Mr Bluesky

[mr_bluesky] 05/1/2013 10:25

Here are the key companies reporting next week.
I will comment on them and pick the one/s I think are in a bullish pattern over the weekend....


The Week Ahead

Key Companies Reporting: January 7th - 11th

Monday – No Significant Company Announcements Due.

Tuesday – Trading Announcement: Balfour Beatty (LON:BBY), Persimmon (LON:PSN). IMS: Domino's Pizza (LON:DOM).

Wednesday – Trading Announcement: Restaurant Group (LON:RTN), Sainsbury (LON:SBRY).

Thursday – Trading Announcement: Bwin. party Digital Entertainment (LON:BPTY), Hays (LON:HAS), SIG (LON:SHI), Tesco (LON:TSCO). IMS: Marks & Spencer (LON:MKS).

Friday – Trading Announcement: Tullow Oil (LON:TLW). IMS T Clarke (LON:CTO)

[mr_bluesky] 02/1/2013 18:44

HAPPY NEW YEAR FOLKS and what a way to start it with the breach of 6000.Below is my prediction form september and so far all is going to plan.Momentum needs to be kept now to reach the next part of my prediction to the mid to upper 6000's.

Who says you cant make long term FTSE predictions???

Mr Bluesky



Mr_BlueSky
23 Sep'12 - 16:16 0 0 edit



The FTSE 100 is trendng up just below a crucial line dating back to the 1980's.This line has acted as ascending support(mainly) and resistence.If the Ftse was to close over it at cerca 6000 to end a month,thus bringing the FTSE back into the long term up trend, that would lay the foundations for a rally into the mid 6000's and beyond. A bold statement i know! The MACD is about to cross up and the RSI at 55 and pointing up is well positioned for a break out.If all goes to plan then i would not be suprised to see the FTSE attempt my upper green line on the chart by April/May 2013 and may even to go on to the 7000's(may be a step to far).The only thing that would scupper this technicaly is the drop down through of the red line shown on my chart.This would bring about the"Ultimate Death cross" where the 50 month moving average drops down through the 200 month moving average......A scenario not even worth thinking about!....lets see how it goes

[mr_bluesky] 22/12/2012 12:21

Just thought I would post this chart of the FTSE when it was at c5,600 and awaiting the santa rally.....Looks like the indicators turned and did their magic....

FTSE santa rally chart.

[mr_bluesky] 22/12/2012 09:51

The Week Ahead

Key Companies Reporting: December 24th – 28th

Monday – No Significant Company Announcements Due.

Tuesday – Christmas Day.

Wednesday – Boxing Day.

Thursday – No Significant Company Announcements Due.

Friday – No Significant Company Announcements Due


NOW! thats what I call thin on the ground.

just as well as I am out all weekend now and the only info I will be studying over the next week is the TV times.

Merry Xmas!





Mr Bluesky

[mr_bluesky] 21/12/2012 17:09

Although there was only four key companies reporting this week my comments were pretty much spot on especialy AGK which I said was a very ugly chart and could easily go to 1800p........well it dropped in a dramatic style this week and actualy went to sub 1700p and closed the week at c1750p......not bad for an amateur ;)

Mr Bluesky.

[mr_bluesky] 21/12/2012 17:00

FTSE 100:

well another week gone and I believe that even though 6000 was not reached that the fact that it remained over 5,900 is very significant.

I reckon we may get a little more indecision,but when that is done with I would suggest a move up to 6,100 as a first target.

Mr Bluesky

[mr_bluesky] 16/12/2012 15:55

CCL:

CCL has had a nice run since March!

I took my profits out on friday as it looks to be setting up a bear flag.

Mr Bluesky

[mr_bluesky] 16/12/2012 15:40

OK!

Having just looked at the charts......here goes!

KLR(639p):

It has had a good run since late 2011 and looks to be in the 3rd Elliot wave and as it has come up to resistence a c650p it could well be a retrace from here to set up the corrective wave 4 before a renewed rally(wave 5).

PFC(1680p):

This has had a good fragmented rise since late june.The price is at the top of the Bollinger band so could well pull back to test the 20dma before another move up.

SRP(541p):

Ugly chart.Price has dropped through the 50 and 200dma since Oct and the 50dma is heading down to the 200dma for a death cross.The price is on top of a major horizontal resistence so it may bounce off,but a drop through could easily see 500p for starters.

AGK(2125p)

Again I dont like this one.It has also fallen through the 50 and 200dma and it has just death crossed.It is on a ascending support line now so it could rise off it,but a fall through and 1800p is on the cards.

Very little activity in Key companies reporting next week so not much to jump up and down about.The spot light will be on the FTSE 100 now to see what happens when it comes up against 6000.

Mr Bluesky

[mr_bluesky] 15/12/2012 09:31

The Week Ahead

Key Companies Reporting: December 17th – 21st

Monday – Trading Announcement: Aggreko (LON:AGK).

Tuesday – Trading Announcement: Keller (KLR), Petrofac (LON:PFC).

Wednesday – No Significant Company Announcements Due.

Thursday – Trading Announcement: Serco (LON:SRP).

Friday – No Significant Company Announcements Due.

[mr_bluesky] 14/12/2012 19:10

Just thought I would post this again as this week has seen a break through of 340p.Probaly get a little bit of churning to get the RSI and the MACD back down and then an attempt on c380p.A rise over c380p will see a break of another decending resistence which will put it well into recovery mode when broken...

Mr_BlueSky
2 Dec'12 - 17:24 - 122 of 135 0 0 edit


TSCO 30/11/12:

Infact having just looked closer at the chart for TSCO its more like a break of c340p then c360p as I have the descending resistence a little lower on reflection.

A break of 340p could well see a rise to close the gap at 365p to 383p but a failure could see support at 280p tested.

The RSI is at 60 and trending up and,as I said,I like the look of the way the MACD is forming so could get a little move north.

Mr Bluesky.

[mr_bluesky] 09/12/2012 17:09

SPD chart 07/12/12:

SPD has been in a stunning run since late 2008 and now it is just retracing from an historic high of 417p.

It looks to be setting up a potential Bull flag and a break over 417p would confirm this and should clear the way to c500p,but not so easy to predict as there is no historic resistence.

with MACD histogram having just gone positive and the RSI at 59 its looking robust.

An observation I have made on many shares is that when the price retreats after a rally,but not steeply as in the case of SPD and the MACD does retrace steeply,but idealy not past zero then a strong rally on break out will persue......if that makes sense!

The MACD did drop just through zero,but turned round soon.

Lets see if this is the case here and a rally to c500p will bag a nice 25%.

Mr Bluesky

[knigel] 09/12/2012 17:07

Well I held SGP and TPK during the year so will be interested on their updates. AHT is always interesting considering were the share price was a while back.

[mr_bluesky] 09/12/2012 17:00

KNIGEL:

Gives me a bit of a break I guess!

Any comments on the companies for next week mate?

Mr Bluesky

[knigel] 09/12/2012 16:39

I suppose after this week, it will be quiet for 2/3 weeks as far as reporting is concerned?