Bank Of Georgia Share Discussion Threads

[mr_bluesky] 06/12/2012 11:43

SPD update:

MACD histogram has gone positve and RSI is trending in upper 60's

Looking to break out and rally,but for the cautious wait for a clearance of 420p before entry IMHO.

Mr Bluesky

Update 16/12/12:

Well It was wise to wait for the break of 420p before an entry as the bullish pattern has broken down.just goes to show that you do really need to wait for the top of the flag pole to be breached for confirmation.

Mr Bluesky

[mr_bluesky] 05/12/2012 16:24

Probaly should not say this as all the traders will jump on the band wagon on this one,but MOSB are a nice share to trade and I have been for some time now.

Slowly moving upwards in steps with out much fuss.

It looks to be set for another move now ,but is up against resistence at just under 60p.A break through should see an advance to c70p before another side ways trading period.

Mr Bluesky.

[mr_bluesky] 05/12/2012 14:16

BUMI:

Is still setting up for a break out.

It looks to be slowly curving up to the 300p mark trying not to attract attention to its self with any big movements.

Look out for the pounce over 300p for an entry,but keep a close eye on the 200dma just under 400p as this may stall any rally.

Mr Bluesky.

[mr_bluesky] 05/12/2012 14:06

NTOG:

NTOG is showing my MACD break out pattern and the MACD histogram has just gone into positive.

Sp now at .43p and really needs to get over .46p for a confirmation of further gains to come IMHO.

Mr Bluesky

[mr_bluesky] 03/12/2012 09:19

LLOY v RBS

They are both still in a race to break through important resistence,RBS's being c300p and LLOY's being 47p.

Who will break through first?

Mr Bluesky

[mr_bluesky] 03/12/2012 09:15

ETI:

ETI is carrying on with its bull run!

Its coming up to a crucial point now so a break over c100p will put this back into serious recovery mode,but may well get some resistence there first and a bullflag setting up at around the 100p mark will be the sign to start thinking about an entry point if you are not already in for the ride IMHO.

Mr Bluesky

[mr_bluesky] 29/11/2012 10:40

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,but a bullflag may well set up first to back test c30p.

Mr Bluesky

[mr_bluesky] 29/11/2012 10:32

Note to self:

THT trying to break out today.

Really needs to get over 34p to confirm and then a hop over cerca 38p preferably 40p for signs that it is a long term rally and not just a gap fill shorty.

Mr Bluesky

[mr_bluesky] 29/11/2012 10:02

RBS chart 11/10/12

Just thought I would post this chart again form 11th Oct as it has reached my crucial stage of 300p.

it has just hit it today and slipped back.

As my chart shows a break of 300p will open the way for a good rally into the upper 300p's.

Mr Bluesky.

[mr_bluesky] 29/11/2012 09:24

NTG:

Looks to be attempting a break out today with the MACD trying to cross up while just over zero.

TCG:

As mentioned yesterday,it seems to be making its move as suspected.

Mr Bluesky

[mr_bluesky] 28/11/2012 19:08

I mentioned this morning that TCG is breaking out and I have taken the plunge today and bought in.

The MACD histogram is in the third positive bar with the MACD in a widening zone above zero having risen from below zero and pulled back

Also a very nice Bullish engulf has formed on the candles and the volume was up today.

I would suggest a break of 25p for real before this week is out and that should lay the path to the upper 30's as a first target.

Mr Bluesky

[mr_bluesky] 28/11/2012 10:35

Note to self:

TCG trying to break out over 25p today!

[mr_bluesky] 27/11/2012 09:51

I drew this chart up of EXI on 11th sept talking of a beak out.Well it is taking its time,but it finaly looks to be doing so.

The RSI is now(27/11/12)at 60 plus and the MACD histogram looks to be attempting to go positive again and the price is in the break out area.

Lets see if it can do it this time!

P.S:

Since drawing the chart the dynamics of the "Flag" have changed so on break out it may rally further then 183p and could go to c200p before another period of indicision.



This is a chart i drew up on 11/09 and the comments to go with it....."This chart shows a possible bullflag setting up now as we have come up against resistence at 148p.I would like to see it retrace no further then 129p before making an attemp to break through the first resistence of 148p and then tackle strong resistence at 183p.When we hit this target i expect another bullflag to set up there.The only thing that could scupper this is that it has to break up through the descending resistence line shown on the chart,but I am confident it will do so".....Update 15/09:Well it appears that since i drew this chart that the descending resistence did indeed break and we had a retrace of no further then 129p after the bullflag did set up.I do expect it to have another go at 148p and break through for the assault on 183p.ATB

[mr_bluesky] 25/11/2012 15:11

Red:

just looked at PTO and it looks very bullish working its way up the 50dma after the golden cross.

The £50k director buy at the begining if Nov looks comforting also.

Mr Bluesky.

[red army] 25/11/2012 13:01

Have a look at PTO

[mr_bluesky] 25/11/2012 12:26

I have just posted this on another thread,but as it meets the criteria of this thread I thought i would post it here also:

DXNS chart 23/11/12:

This chart shows that DXNS broke out in an event flag recently.

Not so much on its own merit,but the misfortune of Comet,its main rival or was should I say.

Note that when the event flag pole formed there was an increase in volume and when the flag formed the volume fell off.This is a classic example in bull flag formation.

Also note that in the last 3 trading days that the volume has picked up a bit and with the MACD having just crossed over we could well see a resumption of the rally.

The crucial point is to break through 26p which we are right on now with the next target of cerca 30p where another bullflag may set up.

Thursday DXNS are reporting Finals so lets see if the next leg of the rally can be founded on their own merit.

Mr Bluesky

[mr_bluesky] 22/11/2012 16:19

Note to self:

keep eyes on BUMI.

Looks to be setting up a potential break out and if it does with the 200dma at cerca 400p as it is it may just get to that before it stalls which is a considerable percentage rise from here at 261p.

Mr Bluesky

[mr_bluesky] 22/11/2012 11:27

DXNS:

Has just popped up on my radar again.

Potential Bull flag break out in progress with a first target of cerca 30p(after the break through 26p),then to close the gap down in the 30's and once 40p is broken through then the advance north should pick up speed IMHO.

Mr Bluesky.

[mr_bluesky] 22/11/2012 10:59

SPD:

RSI in the 50's, bullish

MACD histogram looking to go positive and MACD turning up over zero,bullish

Bullflag setting up near the 50dma on lower volume after a higher volume rally,bullish.

ENTRY:

Either wait for the MACD histogram to go positive or wait for the break over 420p IMHO.

GOOD SPOT MT.

Mr Bluesky

[mr_bluesky] 22/11/2012 10:49

Note to self:

MAB looking to break out.

Sp now cerca 337p.

A break over 340p should see 360p then 400p as next targets.

Mr Bluesky.

MT:

Will look now!

[mechanical trader] 22/11/2012 10:35

Bluey Bull flag forming on SPD.
Results 13th Dec. have a butchers please.

[mr_bluesky] 21/11/2012 18:26

FUTR chart 20/11/12:

just thought I would throw in the FUTR chart with a prediction as to where I think it will go.

Its pretty much explains itself so I wont add to it other then interims are on the 23rd and they could well be the catalyst for the breakout.

Mr Bluesky.

[mr_bluesky] 21/11/2012 12:17

This is the last trading update for FUTR:

27 September 2012

Future plc

Trading Update

Future plc, the international specialist media group and leading digital publisher, today publishes a Trading Update in respect of its financial year to 30 September 2012. Preliminary results for the year will be announced on 23 November 2012.

Trading in the fourth quarter has been encouraging in both the UK and the US, Future's two biggest markets. This has reinforced our confidence that the full year numbers for 2012 will be in line with our expectations and also give us a good trajectory into the next financial year.



Our progress towards a predominantly digital business continues. Sales of digital editions on Apple devices have passed £5m in the period since the Apple Newsstand was launched in October 2011. Visits to Future websites have increased more than 50% this year and now total more than 45 million unique users a month, with page view and engagement metrics also improving at a comparable rate. This is evidence of our sustained success in audience building.



In the US we continue to make strong progress and are close to returning to profitability, fulfilling a commitment we made a year ago to be profitable in the US in FY 2013.



At our full year results in November we will outline our plans to grow and monetise our global digital audiences, leverage our position as a global leader in tablet products and software and diversify Future's revenues further.

N.B:

Note that the prelims are on 23rd Nov so if you are going to take a punt you may want to get in before that.

charts and fundamentals are lining up for a nice bounce IMHO.

P.S:

It would be a nice suprise if they announced in these prelims that they have gone into profit ahead of schedule!

Mr Bluesky.

[mechanical trader] 21/11/2012 11:35

Dont you worry Im a scholar of
Gerald Appel. I know his systems
inside out.

FUTR thanks looking.

[mr_bluesky] 21/11/2012 11:31

MT:

Just might well be.

not in MTC or HFD as I sold when it hit my profit target.

I never get greedy any more and I set myself a profit and when it gets there I take it.

works out well more often then not.

take a look at FUTR as when the MACD crosses up again(fast over slow) from above zero it will move quickly IMHO.......wait for the cross though.

Mr Bluesky.