Bank Of Georgia Share Discussion Threads

[saturdaygirl] 24/1/2013 19:33

Mr_BlueSky

CNR - Are we at the bottom ?

[mr_bluesky] 24/1/2013 18:52

note to self:

BPTY has had a nice bull bounce today!

It has just jumped over the descending resistence line from early 2012 which I believe to be very significant.

It just needs to get over the 200dma at c116p.

could well be tomorrow!

Mr Bluesky

[hazl] 24/1/2013 16:28

great! thanks 8-)

[mr_bluesky] 24/1/2013 15:42

hazl:

both actualy!

and both are doing a bit of back testing before the next move up IMO so look out for that.

Mr Bluesky

[hazl] 24/1/2013 15:14

seem to remember you being positive about POG Petrovpavlovsk Mr_B? or was it shg?

[mr_bluesky] 24/1/2013 09:57

CHG break out today.....Next stop c325p....sp now 298p

Mr Bluesky

[mr_bluesky] 22/1/2013 23:27

just thought i would post the main reason technicaly why TCG is now going through its correction...



Bearish Evening star.

The clue(other then coming up against the c60p resistence) was the "Evening star formation on 14th,15th and 16th in the candlesticks.To make it more significant the star part of the formation was a shooting star which is even more bearish.

Mr Bluesky

[mr_bluesky] 22/1/2013 11:03

GDL:

Been tracking this for a while then forgot about it and now it has come up on my radar again.Now at 20.5p it is looking to be in a strong reversal and a break over c25p will be very significant for its longer term recovery IMO.

Mr Bluesky

[mr_bluesky] 22/1/2013 10:52

Pillion:

Yes I realise that the gap was due to share issue,but it will still stand as and Island reversal if the price gaps up from here on higher volume.

Its only a potential pattern at the moment as it is stil forming so it will be interesting to see how it plays out and is by no means a certain.

Mr Bluesky.

[pillion] 22/1/2013 09:41

Mr Blue; LMI
It wasn't really a gap down; the downward move was owing to the share issue

ADVFN could have adjusted the share graph
kind regards
Pillion

[share_shark] 22/1/2013 00:27

Thanks one again Mr. Bluesky. I was particularly interested on your comments regarding LOND, as I have shares in a company that has a great deal of work, connected with LOND.


Thanks also for your explanations re this magic Midas wand you have on charting.

Now I will have to go and look at LMI and I was going to end my time on the PC tonight too. See what you have done! :-)

Still snowed in here.
Night Mr.Bluesky

[mr_bluesky] 21/1/2013 23:41

LMI:

look out for LMI as it could well be forming and "island" reversal pattern.

This happens when a share gaps down in a bear drop,trends horizontaly or near enough,then gaps up forming the "island".This normaly leads to a powerfull trend reversal up.

Mr Bluesky

[mr_bluesky] 21/1/2013 14:20

HFD:
At just under 350p is looking to break out again with a first target of c400p!

DXNS should not be far behind now at 27p.A break through 30p and c40p is the next target.

Mr Bluesky

[share_shark] 21/1/2013 10:19

Good morning Mr.Bluesky. Hope you are well ?. Pure WHITE OUT here !.

[mr_bluesky] 21/1/2013 10:04

Mr_BlueSky
20 Dec'12 - 16:58 - 121 of 180 0 0 edit


OCDO at 83p is coming up to the 200dma!

Its looking to break through shortly with a first target of c100p.

Mr Bluesky.


Above is my view on OCDO from December.Today looks to be the break out proper and is on track for 100p then 125p


Mr Bluesky

[mr_bluesky] 20/1/2013 16:01

I have just created a new thread for LAND but as it also meets my criteria here I thought I would post it.




LAND monthly chart 18/01/13: Share price 816p

I have started this thread as I believe that LAND is set on the path to a long term recovery!

In march 2009 LAND hit a low of 323p from its Jan 2007 high of 2,357p.After the March 09 low it rallied to a high of 894p in july 2011 and then took a five month hit to a low of 608p in Dec 2011.Nothing unusual about that as alot o shares took hits during that period.
Since that low LAND has been pretty much slowly rising on the monthly chart and is now over the 200mma(month moving average) at 816p.

Turning now to the MACD it is forming my break out pattern,high lighted in the yellow box,and is just over zero.In my experience this leads to strong moves upward on break out on daily charts and there is no reason to believe different on a monthly chart.

the RSI is at 57 in a shallow up trend which is bullish and would support the break out theory and the stoch set at 14,39,1 has crossed up through 50 which is also bullish for a long term recovery.

I would not say that LAND will be the most exciting dynamic share to be into,but I do believe that it will return the investor good long term gains and could net a 100% profit from todays price in 12-18 months of holding.

Anyway those are my views on LAND!

Mr Bluesky

[mr_bluesky] 18/1/2013 14:31

just going through my comments and dug this one up!
It did drop a little futher after I invested as I suspected,but is back at 24p now and plenty more to come with 30p being my short term target.

I never did add on the drop though,I just held!


Mr_BlueSky
1 Nov'12 - 10:45 - 34 of 177 0 0 edit


SHG:

Ok have just taken a punt on SHG at a shade over 19.5p based on the MACD has crossed up and it looks to be setting up a small bullish ascending triangle.

A bit risky this one,but it keeps the heart rate up and if it does fall a little further I will add as SHG are in productiuon now and the have sorted out the BOD.

Mr Bluesky.

[mr_bluesky] 18/1/2013 14:08

AH yes HSV:

I do sometimes lose track on shares I have commented on as there are so many,but I do remember my comments on HSV.

It is still on track for a break out and when it does it will probaly be to a first target of c300p.

It is in an ascending triangle formation although extended which,in these circumstances,has a high percentage of a break out up.The price is also forming over a slightly up trending 50dma so all seems to be in place still.

I dont pay too much attention to the Elliot wave and would certainly not rely on it alone as an indicator!

sounds like your life is alot more hectic then mine ;)

Mr Bluesky

[share_shark] 18/1/2013 13:36

HSV which you Mr. Bluesky. It raced to £2.50 but never broke through. How do you see this now please. See I AM paying attention.

[share_shark] 18/1/2013 13:31

I am trying, I am trying. It is all this baking, making cakes and bread, meals, cleaning and driving that is getting in the way !. :-). Dont worry, the Elliot wave may have beaten me but I am getting help now. Many thanks and for the website too.

[mr_bluesky] 18/1/2013 13:21

share-shark!

thank you for noticing ;)

The fog cleared for me when I came across this web site.



The high and tight flag is a particularly consistant performer,but there are many other patterns to get to know and learn to expliot as well as other interesting info.

Take time to get to know your chart patterns and you will be rewarded well!

Mr Bluesky

[share_shark] 18/1/2013 13:15

Thank you Mr Bluesky. I am learning a lot. I have a kindly mentor the difference is that he is the clever one and I am the silly clot.

Keep up the good work as you are doing a sterling job. Who knows, the fog may clear for me one day too !. :-))

[mr_bluesky] 18/1/2013 13:10

LOND chart 17/01/13 : share price 153p.

LOND has been on a decline with a few rallies in between since the 438p high of May 2011.It now looks to have bottomed at 112p and is over the 50dma,but under the 200dma.

The green line is the descending resistence and for the share to be in recovery mode it needs to get over that.The next stage for it to get really bullish is for it to break horizontal resistence at c277p.

MACD and RSI suggest it may pull back a little further,but I do not expect it to go lower then c140p where the 50dma is.

The bull signal to look for is for the MACD to go positive again and the RSI to cross up through 60(now down trending at 55).

For the more cautious,wait for c200p to be broken through first before taking a position IMO.

With Q4 production report due on 24th jan and there have been some big buys from the likes of Blackrock.inc etc,this could really start to move and soon!

Mr Bluesky