Bank Of Georgia Share Discussion Threads

[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.

[mechanical trader] 21/11/2012 11:12

Hey bluey, get your water proof
kecks on tommorow.

MTC results.

This time they cant hide their margins.

Another halfords??.

[mr_bluesky] 21/11/2012 10:56

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] 14/11/2012 10:39

I have posted this chart on another thread,but thought i would post it here also as it hits the criteria of this thread.


TALK chart 09/11/12:

This chart shows that TALK recently rallied to a high of 197p and is now in what I consider to be an extended Bullflag/consolidation.

During the consolidation you can see that the share "Pot holed".This is generaly considered a bullish sign of things to come when seen in this kind of formation.

The MACD is not ideal as it looks to be attempting to cross down,but with the RSI at 55 it is well placed for a break out.

The buy signal will be a break over 197p preferably with higher volume and a wide range candle (WRC) and/or a gap up.

With interims on tuesday it could well be the catalyst for this to happen.

Mr Bluesky.

update 14/11/12:

That worked!

[mr_bluesky] 09/11/2012 10:05

SDY chart as promised:



SDY chart 08/11/12:

A bove is my chart on SDY! (It says NTG on the chart,but it is SDY)

It shows that I believe that it has just been in an inverse Head & shoulders and has now broken out of the neck line and "Golden Crossed" to aid a perlonged recovery with the usual dips on the way ofcourse.

For it to get uber bullish it needs to break through 37p IMO.

SDY have won a £50m contract in the middle East to cash in on the renewed growth and are in line for many more contracts.

I feel that the price now offers a very good entry and a nice buy and hold investment.

Mr Bluesky

[mr_bluesky] 09/11/2012 09:34

NTG chart as promised:


NTG chart 09/11/12:

OK!

I have just drawn up this chart showing bullish signs of a turn around in NTG's fortunes,or so I believe.

It shows that NTG has been in a down trend since July 2011 from a high of 349p to a low of 157p.During this fall an Inverse Head and shoulders set up which lead to a break out of the descending resistence and a Golden cross(when the 50dma crosses up through the 200dma).three very bullish signs!

The share has been riding up the centre of the Bollinger band since(20dma) which is a good sign of a strong rally.I do expect it to come back and test the 50dma and the 200dma at points during the up trend,but I do think that the trend will be mainly up with the usual swings ofcourse.

NTG is Britains leading van hire company that offers very competative terms.
It also operates in Spain.
Yes the conditions of late have been challenging,but NTG have been coping well and I believe they are well placed to capitalise on economy growth as and when.

At this stage NTG is a buy and hold for me!

Mr Bluesky.

[minky] 09/11/2012 06:45

Mr Bluesky could I have your view on VCP please.

[mr_bluesky] 08/11/2012 19:07

PDG:

Is looking interesting now.It has been in consolidation for some time now and is now tight up against the 50 and 200 dma.

In my experience something is going to move this soon and the question is in which direction.

I have a good idea which it is ;)

Mr Bluesky.

[mr_bluesky] 08/11/2012 15:54

Mr_BlueSky
13 Oct'12 - 11:08 edit




My MTC chart shows that it has bottomed out at cerca 150p.It then had a bull bounce and is now in a period of sideways trading/consolidation just over the 50dma and the 200.It has also recently golden crossed.The formation it is in now also seems to be an ascending triangle which,in these circumstances,is seen as bullish and is consistent with a possible break out (up) to come.

On the break out of 230p I would expect an advance to over 300p for the first target.MTC have a trading statement release on thursday next week and this could be the catalyst to propel it forward.I have no idea if the statement will be good or bad at this stage though.None of the brokers agree with me that this is a buy,not that i pay to much attention to them,so it seems I am on my own on this one......Lets see What happens.

update 08/11/12:

well it has all gone to plan and is now coming up to my second target of 303p where I shall sell just before, having got in here at 221p from the breakout.

Mr Bluesky

[mr_bluesky] 08/11/2012 15:03

Makes an interesting read on TPJ>