Bank Of Georgia Share Discussion Threads

[hazl] 08/1/2013 11:51

mr blue, TLDH has broken 6p today....so am hoping that it holds as you indicated....hope so!!

[mr_bluesky] 07/1/2013 18:43

PDL update:

a few days ago I posted that I had bought into PDL at 109.5p as I thought that a break through of 110p resistence would be successfull this time to advance into the 120's.The price is at 118p now and I am confident that 120p will be broken soon.Also the 200dma is at 120p so a break through will be very bullish.

RSI is in over bought right now and the MACD is well over zero so we could get a bit of indicision before the break through to allow the indicators to cool off for the break out,but I wont be too upset if I am wrong and we get the break this week to take us into the 130's

Mr Bluesky

[hazl] 07/1/2013 17:35

thankyou.good luck to you.

[mr_bluesky] 07/1/2013 17:00

hazl:

I believe so and a company I like the look of to capitalise on iron prices are FXPO....It has just cleared a crucial horizontal resistence point of c250p and looks to be back testing now before a further advance north.

Mr Bluesky

[hazl] 07/1/2013 16:49

mr blue do you think iron ore will continue to hold its good price along with potash?

[mr_bluesky] 07/1/2013 10:15

ESG update:

And no suprise to me,ESG has also broken out today as mentioned.

Mr Bluesky

[mr_bluesky] 07/1/2013 10:14

THT update:

BINGO!

It has indeed broken out today as suspected

Mr Bluesky

[mr_bluesky] 06/1/2013 17:11

THT is playing out also and looks to be breaking out of the predicted flag to advance on to the next target of 50p.

Mr_BlueSky
13 Dec'12 - 10:23 - 99 of 142 0 0 edit


THT update:

I mentioned a few days ago that THT was probaly going to stall at around 40p after its rapid strong rally.

The price is now just under 42p as I type and looks to be setting up a potential High and tight flag.

Mr Bluesky

[mr_bluesky] 06/1/2013 17:06

just posting this ESG chart againg as it looks to be attempting my predicted break out sitting bang on the break out price of 28p....

ESG chart 14/12/12:

[mr_bluesky] 06/1/2013 16:35

I have posted this on another thread,but as it meets the criterial of this thread,seeing as they both look to have bottomed,I thought I would post it here also.....


Mr_BlueSky
6 Jan'13 - 13:53 - 147 of 147 0 0 edit


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] 03/1/2013 19:11

HRN:

Is getting my attention now.

price at 72p is setting up a potential bullflag,but it does need to get over c80p and the 200dma before I would enter.

Mr Bluesky

[mr_bluesky] 03/1/2013 14:07

Mr_BlueSky
2 Jan'13 - 18:44 - 145 of 145 0 0 edit


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] 03/1/2013 10:59

HSV:

I mentioned before about HSV:

I am invested and a break of c250p(now 245p) will see a rapid move to c300p.

MACD histogram has just gone positive from above zero and RSI at cerca 60 is well placed for the rally.

Mr Bluesky

[mr_bluesky] 03/1/2013 10:19

ETO:

At 181p is up against horizontal resistence!

Break through and a bull flag should set up around the 200p mark.

Mr Bluesky

[mr_bluesky] 03/1/2013 10:13

hazl:

Pleasure mate and hope that it turns out to be that double bottome reversal then!

Mr Bluesky

[hazl] 03/1/2013 10:09

thankyou for your reply.I am invested already for the fundamentals and am happy to hold.
I can see the relevance of charts and use them in a cursory way but have never studied it as such.

[mr_bluesky] 03/1/2013 10:01

hazl:

welcome!

Having just looked at the chart for TLDH It seems that the price has bounced twice off near the 2010 low of just under 5p in sept/oct last year.

It is now on the 50dma which is slightly up tending,but under a down trending 200dma.

The first test is for a break of c6p then c7p which are horizontal resistences and also the break over 7p will bring it above the 200dma.

The MACD is trending up and has just crept over zero.

Could very well be a double bottom reversal,but watch closely the price action when it comes into contact with the 200dma.A break over it and it is into recovery mode,but a hit and bounce down could see it tripple bottom.

I personaly never buy into a share that is under a down trending 200dma so it would be prudent to atleast wait for the price to get over it before thinking of an entry point.

Mr Bluesky

Foot note:

It does seem to be forming an ascending triangle which,in this case,is deemed to be bearish so it is even more important to see the action around the 200dma as it could have a fake break out before resuming the down trend.........Hope this helps.

[hazl] 03/1/2013 09:42

mr bluesky would you say TLDH has a double bottom?
Interested in your views.

[mr_bluesky] 03/1/2013 09:35

PUB:

Has is getting interesting!

A break through 10,11,12p and it could really fly!

Mr Bluesky

[mr_bluesky] 03/1/2013 09:31

AQP:

Has had a nice run!

there is resistence just under 100p so I would expect a bull flag to set up around there which will mean a pause in the rally before it moves up again.

Will watch!

Mr Bluesky

[mr_bluesky] 27/12/2012 16:56

Just thought I would end today with a little tip.

Unless you like a gamble do not invest in AIM listed companies and certainly not for the long term investment.

If you cant make good money from trading FTSE 350 shares then you have no business trying to fathom out the AIM market unless its a pure gamble and the thrill of all or nothing punts.

There have been many "Rainbow chasers" looking for the "Get rich quick" share and more often then not they become the get broke quick.

If you must gamble then have two trading accounts.

One for 350 shares and one for thrill seeking AIM shares and just treat it as a betting account witn money that you can afford to lose.That way you can mentaly and physicaly seperate the two risks.

Mr Bluesky.

[mr_bluesky] 23/12/2012 16:43

One last one before I go.This was from 21 Nov were I bought into FUTR at c17p.It is now at 18.5p and is within days of a strong break out IMHO so I will holdfor that....


Mr_BlueSky
21 Nov'12 - 10:56 - 59 of 129 0 0 edit


FUTR:

just bought into this today as it looks to be setting up a nice bullflag and is on the verge of a break out with the MACD trying to cross up and the RSI at 60 plus.

I have probaly entered into this trade a little early as it is not yet confirmed,but I'm feeling risky with a target of 24p on break out(sp now cerca 17p)

Mr Bluesky

[mr_bluesky] 23/12/2012 16:33

Another of interest is this comment from Dec 3rd.ETI had rallied from 65p to 90p when i made the statement.4 trading days later it rose to 100p were it set up a bullflag as predicted and is now in its 9th day of bullflag.


Mr_BlueSky
3 Dec'12 - 09:15 - 80 of 128 0 0 edit


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] 23/12/2012 16:25

just been looking back on my predictions and thought this one in particular was of interest.I stated,as below,that NTA was very close to a break out to c90p and 8 trading days later it did and actualy went further to just over 100p before a pull back to 92p....



Mr_BlueSky
10 Dec'12 - 09:42 - 91 of 127 0 0 edit


ALERT!

NTA looking very close to breakout with the share price at 78.5p!

Next target c90p on breakout,but has way more potential then that in the longer term.

Mr Bluesky