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[mr_bluesky] 09/12/2012 16:37

CPR chart 07/12/12:

Ok just drawn this up as it interests me.

As shown I believe a break out over 753p will see it rally onto cerca 1000p in the longer term.

It is also setting up(not perfect)an ascending triangle which in these circumstances is very bullish.

With the RSI at 55 and the MACD having just crossed up through zero I would say that it is well placed for an advance to re start.

Interims Tuesday!

Mr Bluesky.

[mr_bluesky] 09/12/2012 15:55

On to next week!

Again there are alot of bullish formations which should not really suprise after this rally in the markets(jingle bells).

Out of the 16 key companies reporting next week I dislike 4 of them.They are IGG,GOG,IMG and WG. purely on a technical basis.

The rest I would consider weak to strong bullish.

Two charts I find interesting are CPR and SPD.

Mr Bluesky

[mr_bluesky] 09/12/2012 15:49

Last weeks re cap:

Ok!

before I take a look at this week I thought it best to re cap on last week.

As you may recall I said that there were alot of bullish formations on the charts in the companies reporting last week and there were no stinkers.

Well 12 out of the 16 mentioned closed up from the previous weeks close(some considerably) and only 4 closed slightly down,but that was mainly due to a technical pull back and they are still bullish in the longer term.

Job done!

Mr Bluesky

[mr_bluesky] 08/12/2012 09:20

The Week Ahead

Key Companies Reporting: December 10th – 14th

Monday – No Significant Company Announcements Due.

Tuesday – Finals: Domino's Printing Services (LON:DNO), Victrex (LON:VCT). Interims: Ashtead (LON:AHT), Carpetright (LON:CPR). Trading Announcement: IG Group Holdings (LON:IGG), Go Ahead Group (LON:GOG), Whitbread (LON:WTB).

Wednesday – Interims: Imagination Technologies (LON:IMG), Darty (LON:DRTY), Supergroup (LON:SGP). Trading Announcement: Travis Perkins (LON:TPK), Carillion (LON:CLLN), Senior (LON:SNR).

Thursday – Interims: Betfair (LON:BET), Sportingbet (LON:SBT), Sports Direct International (LON:SPD). Trading Announcement Wood Group (LON:WG.).

Friday – No Significant Company Announcements Due.


N.B:

Will comment later.

Mr Bluesky

[mr_bluesky] 07/12/2012 23:30

DOW has closed up 1%!

Another blue day on the Ftse Monday!?

Santa rally continues next target 6000

Mr Bluesky

[mr_bluesky] 07/12/2012 14:19

FTSE 100 prediction.

You read it here first folks!

Mr Bluesky

[mr_bluesky] 06/12/2012 10:39

LLOY v RBS:

Well RBS has cracked the 300p resistence before LLOY cracking 47p.

Just hope it can hold onto it now!

Mr Bluesky

[mr_bluesky] 06/12/2012 09:39

BINGO!

Well the FTSE 100 has finaly broken the c5,900 barrier.

Santa rally carries on!

Next big target is to get over 6,000 and dare I say to journey onto the mid 6000's before the end of May.

Mr Bluesky.

[mr_bluesky] 05/12/2012 16:42

FTSE update:

Well it has had another crack at busting through the c5,900 mark again today.

Surely the next go it will crack it!

Mr Bluesky

[mr_bluesky] 02/12/2012 17:24

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] 02/12/2012 17:05

KNIGEL:

I am more bullish on TSCO short term as i can see a possible advance to c360p,but a failure to break through and a retrace could see 280p in the longer term.

TSCO charts are looking short term bullish though IMO.

Mr Bluesky.

[knigel] 02/12/2012 12:54

TCSO a lot depends on Christmas trading and the January update imo

[mr_bluesky] 02/12/2012 12:52

Just thought I would post this chart as we are at a critical stage:

FTSE chart 30/11/12:

It shows that a break of c5,900 will see the santa rally progress,but look out below as a breach of the red line and its.......GAME OVER! IMHO

Mr Bluesky

[mr_bluesky] 02/12/2012 12:15

OK!

I have just looked through the key companies reporting next week and there are no real stinkers chart wise and alot are what I would consider to be bullish.

I wont post a chart on any ,but will give a brief run down on the ones I like.

TT.(271p)

Strong rally from 160p in june to where we are now at 271p.MACD has crossed over and RSI at 60 with the price riding the 50dma.Coming up to strong resistence at c280p.

GNK(612p)

Rally from a june low of 480p to just over 620p.Needs to break 620p for a advance to c700p.MACD has crossed over and RSI at 60 with the price riding the 50dma.

AIE(139p)

Strong rally from sept 2011 from just under 60p to a high of 150p in Nov.MACD has just crossed over from below zero and RSI in the high 50's.Price riding the 50dma and no resistence as at a high.

WOS(2897p)

Strong rally from sept/oct 2011 at 1400p to now at 2897p.It has just broken out of a bullflag with MACD crossed over above zero and RSI at 70.A break through of c300p will be very sgnificant as will put it well into recovery mode.

SGC(311p)

Has been uptrending with pullbacks to test a strong ascending support from 100p since 2009 to a Nov high of 292p.Next resistence is c300p then c325p and beyond that there is clear blue sky as it will be at a high.MACD has crossed over and is just rising over zero and RSI is at 70.

TSCO(325p)

Gonna stick my neck out on this one and say TSCO is about to recover.The price has just tipped over the 50 and 200dma and the MACD is forming my rally kick start pattern just under zero(I would prefer it to be just over,but its as good as).When the price breaks over c360p then that will see it through the descending resistence line and put it into bull teritory.

SMDS(216p)

strong rally from c130p in june to 216p now.A break of 220p should see it rally further.The price has just bounced off the 50dma with a MACD cross over and RSI in upper 60's.

PZC(359p)

Very strong rally from 295p in sept to over 365p.Looks to be in pull back now and may test near the 50dma at c340p before a renewal of the rally.

PHTM(56.5p)

Rally from Aug to sept where a Bullfalg set up at c46p.It then broke out and is riding the 50dma since.Friday saw a bull bounce on high volume and the rally looks good to carry on its momentum with the usual dips on the way.

Mr Bluesky

[mr_bluesky] 01/12/2012 07:27

Here are the key companies reporting next week as in the Galvan week ahead article.I will post my comments and charts over the weekend.


The Week Ahead

Key Companies Reporting: December 3rd – 7th


Monday – No Significant Company Announcements Due

Tuesday – Finals: ITE Group (LON:ITE), Tui Travel (LON:TT.). Interims: Greene King (LON:GNK), Anite (LON:AIE). IMS Wolseley (LON:WOS).

Wednesday – Finals: Sage (LON:SGE). Interims: Stagecoach (LON:SGC). Trading Announcement: Tesco (LON:TSCO).

Thursday – Interims: Micro Focus International (LON:MCRO), Mulberry (LON:MUL), Smith DS (LON:SMDS). Q3 Premier Farnell (LON:PFL). Trading Announcement: Standard Chartered (LON:STAN), PZ Cussons (LON:PZC).

Friday– Interims: Berkeley Group Holdings (LON:BKG), Photo Me International (LON:PHTM).

[mr_bluesky] 30/11/2012 17:37

Oh well the end of another week in the life of a trader and a rather good one it has been with my picks.

It was too much to ask for the FTSE to break 5,900 on a friday so next week will probaly be very significant as a break through will see the santa rally on its way.

Mr Bluesky.

[mr_bluesky] 30/11/2012 11:15

FTSE update:

It is coming up to 5,900!

All eyes open for the break through or bounce down!

Mr Bluesky

[mr_bluesky] 29/11/2012 16:34

MT:

I'm litteraly quaking in my boots!

[mechanical trader] 29/11/2012 16:11

mr bluesky ......

ive taken legal advice.

Your in for it

people hate ex coppers.

Filtered both you and shauney and
knigel.

[mr_bluesky] 29/11/2012 10:59

LLOY v RBS!

LLOY and RBS are in a head on clash with major resistence.

LLOY at 47p

RBS at 300p

Which will be the first to break through???

[mr_bluesky] 29/11/2012 10:41

FCCN was one of my tips for this week and it is doing well.

It is coming up to the 30p mark which also represents the 200dma and near the bottom of a previous bear drop.

A break up over 30p and the 200dma should see a quick move to cerca 40p.

Mr Bluesky

[mr_bluesky] 29/11/2012 09:19

SANTA RALLY UPDATE:

ITS STILL ON FOLKS!

It has popped over the 50 day moving average today in style and the RSI is in the upper 50's which is a good place for a rally to progress


MACD is trending up over zero with a wide zone.

All eyes will be on the action around the 5,900 mark!

HO HO HO!

Mr Bluesky

[mr_bluesky] 28/11/2012 18:35

KNIGEL:

I was hoping I would not have to,but it is a posibility.

MT:

I shall treat you as I would treat a drunking yob locked in one of my cells.

I will just ignore you until you stop attention seeking.

YOU'RE NICKED!

Mr Bluesky

[knigel] 28/11/2012 18:21

Mr Blue Sky, why not have a word with (say) Loverat on how to set up a moderated thread were you can restrict/ban certain posters?

[mechanical trader] 28/11/2012 18:03

Say that to my face ex copper.