Am Asia Ex Jap Discussion Threads

[mad foetus] 26/5/2019 10:12

It is a choppy market, if you can't devote the time I would walk away for a while. There are always opportunities. BUR should be good for a while though.I increasingly like miners and oil, provided you are not relying on the exploration side: that is just a lottery

[bamboo2] 26/5/2019 09:59

D4T4, Bought a few Friday, but low conviction.

mf, My pf is one step forward, one step back at the moment, very frustrating. I have very little time to monitor the markets. Thinking of pulling out of trading for a while, until I can re-focus. I keep missing great buying ops.

Is BLOE oil? I can't do oil, or mines! lol
NFX, could be a two stage flag pole, what Bulkowski calls a half staff. The length of the second half being approx. that of the first.

[mad foetus] 26/5/2019 09:40

I have held FEET since launch and it has dropped a little recently as Terry Smith has said he will take a smaller role. The problem is that emerging markets are so dominated by trackers that a quality investment approach gets swamped. Unless you want it as a genuine long term hold I think there are many better things to trade. You looked at BLOE? And NFX, which I don't hold, looks to be heading off after a HTF.

[bamboo2] 26/5/2019 09:36

Bought a few more SPE at end of last week, as price came back to historical support. It has stubbornly refused to turn. More potential turns coming up next week.

[bamboo2] 26/5/2019 09:25

Hi mf, I looked at FEET, because it was on my watchlist. Is this one of your holdings?

Anyway I ended up drawing a few trendlines and came up with one of those multiple potential turn [x3] days 28/5/2019. Not sure which way it will go, if any.

Might be worth being cautious on an eod close below 1170, as this support looks important.

[bamboo2] 19/5/2019 19:45

D4t4 on the watch list. Seems to be a number of H&S in action.
Retrace TP approx. 230
Support approx. 225

[bamboo2] 19/5/2019 19:08

SPE, I expected a turn last Thursday, 16/5/2019.
Zooming in I can see that the turn bridged Thursday and Friday, so perhaps the turn will have been then. We will know by the close on Monday 20/5/2019



===================================================
Edit added 22:36 20/5/2019, SPE sailed through the last potential turn without a blink. Not often that happens with this stock on the mid price based chart. Today shows another potential turn [x2]. hope this is a low turn.

[bamboo2] 19/5/2019 14:25

Thanks mf. Vbusy at mo, but will try to have a look at fdev a bit later.
===============================================================

SAE, Stamped addressed envelope. When was the last time you used one of these?

SAE presents an excellent opp to get in near lows. Potential turns 20/5/2019, 29-30/5/2019

Def one for the kids, or anyone else that thinks it might be a good idea to retain at least some of the worlds fossil fuels for long distant future applications where renewables aren't a pragmatic or practical option.

[bamboo2] 19/5/2019 09:41

IGG, I think has a t/s later this week. 22/5/2019.

Chart has a couple of confirmed H&S with tp approx. 410 and 321-330
Hs at 471, 441, 380,
Potential turns on mid price chart[mid] 20/5/2019, 28-29/5/2019
Potential turns on last market chart[last] ..to follow.. 7/6/2019

[mad foetus] 19/5/2019 09:13

FDEV nice at the moment, following a very clear channel on the weeklies YTD, bouncing off bottom, target around 1220

[bamboo2] 19/5/2019 09:07

russ, yes I use Smas, rsi[overbought/sold] and macd[momentum] to help make a judgement on whether to act on an apex or pattern.

Moved t/l colour key to header.

[homebrewruss] 09/5/2019 21:44

Thanks Bamboo, you've done it for me :) yes 14th/16th would make sense with news too given the recent placing shares are due to hit the market around then.

Are you using rsi and moving averages in your trades or mainly looking at the apex based turns and chart patterns?

[bamboo2] 09/5/2019 21:16

BVC, potential turn tomorrow following the meaningful retrace to fill a tiny, tiny area gap.

[bamboo2] 09/5/2019 20:54

russ, BIDS. Prob not a HTF due to the F not being Tight enough. But did make the basic qualification criteria.

Charted as a double bottom or INVH&S makes a tp near the recent high.
Looks good. Expect hist resistance at approx. 21.5
Then a consolidation.

Potential turns 14 and 16/5/2018

[homebrewruss] 09/5/2019 18:08

Bamboo are you.following BIDS at all?
Looks like an HTF forming but aside from that it's a very 'exciting' story which I anticipate going a lot higher over the next month's/year and should provide plenty of trading opportunities I think, perhaps akin to ZOO.



Edit: sorry chart not the best but grabbing them on my phone not so easy, will try and repost later :)

[bamboo2] 27/4/2019 19:46

BVC, making a continuation bowl, also flag or pennant.
Nice to have a continuation pattern to trade.
Next turn 1/5/2019, then 9-10/5/2019



This is Modern Water
Potential turns 3/5/2019 then 28-29/5/2019

[bamboo2] 27/4/2019 18:43

Wand bounces off the prior Breakaway gap support zone. Spot on the potential turn too.
Next potential turn 1/5/2019 then 3-7/5/2019

[bamboo2] 27/4/2019 14:25

FFX, Needs to clear historical resistance to allow an attempt on old highs.
Eod close above 109

[bamboo2] 22/4/2019 10:10

WAND, potential turns 23/4/2019, 24/4/2019 and 1/5/2019



updated 23/4/2019
Turns tomorrow, wondering if there will be another touch on breakaway gap support zone. {note slight adjustment of trendlines]

[bamboo2] 20/4/2019 18:11

BVC 25-26/4/2019

[bamboo2] 19/4/2019 09:25

ZTF, H&S to tp approx. 513
Currently making bear flag tp approx. 522
Potential turn 23-24/4/2019
Breakaway gap from 1/11/2018 offers a support zone 548-552

[bamboo2] 14/4/2019 08:39

ZOO, continues to make a double bottom.
This is confirmed with an eod close above 63.5, tp approx. 71.7
Resistance at 60, 63.5, 70.
Volume and indicators looking healthy.
Two potential turns on mid price chart, 15/4/2019 [x2], 17/4/2019
Last market based chart [img not shown] has four potential turns coinciding 15/4/2019



SPE, H&S?
Potential turn 17/4/2019

[bamboo2] 13/4/2019 18:31

Looking back at post 102, AMER, lottery shares?

Talking of which!!! WAND

I don't really follow fundamentals, but guess this is a bargepole story stock for many.

Results due 23/4/2019

SP is currently testing the Valentines Day Breakaway gap support zone 516-552.

Potential turn 16/4/2019

[homebrewruss] 10/4/2019 11:40

Thanks Mattjos. I guess there will be a pullback in TXP before it hopefully continues on. I3E is the next one, 3 drills due in the next few months for which they are now funded with the first to start mid to late July. A pull back today so I've started buying a few. 60p looks doable by mid July, possibly more.


free stock charts from uk.advfn.com