Bank Of Georgia Share Discussion Threads

[mr_bluesky] 17/1/2013 23:53

CGH and POG are looking to hot up!

both on the verge of a break out!

Mr Bluesky

[mr_bluesky] 17/1/2013 18:51

ETI:

Has set up a bullflag and looks to be near a break out.

confirmation will be a break on good volume over 105p which could take it to the next target of c140p.

Mr Bluesky

[mr_bluesky] 17/1/2013 18:33

PDL:

Is ripe for a break out at 117p!

Next target c140p.

My only concern is that it is just under a down sloping 200dma which is not ideal,but will hopefully not hinder it.

Mr Bluesky

[mr_bluesky] 17/1/2013 16:04

note to self:

I mentioned BUMI being bullish a few weeks back and now at c334p it has sneaked over the 200dma....

Next power move will take it rapidly to 400p where a break over will prove very bullish!

Mr Bluesky

[mr_bluesky] 17/1/2013 15:39

HOME chart! 19/10/12

just thought I would post this now as it has broken through the descending resistence from 2007.....Very significant!

Mr Bluesky

[mr_bluesky] 17/1/2013 15:15

Here is an updated chart on LLOY:


LLOY chart 16/01/13:

The above chart shows that the price came within a hair of tagging the under side of the gap between 56p and 57.7p,the recent high being 55.7p.

As I have said,filling the gap is such a huge mile stone for LLOY as it represents the recovery for real,it was never going to cave in on the first attempt and give up with out a fight.Look as this touch and retreat as a tap on the shoulder to an old friend to say "remember me?"

I expect a retreat to no lower then 50p which is also roughly were the 20 dma is or the centre of the Bollinger band if you prefer before a re visit of the lower end of the gap(56p).It may take 3 attempts to break through,but I expect it will.Once over and held then we can say that LLOY is well on the road to recovery with c60p and c80p being two more barriers of importance to get through.

Mr Bluesky

[mr_bluesky] 17/1/2013 10:59

LLOY chart 17/10/12:

Well it is no suprise that LLOY has fallen short of filling the gap with a recent high of 55.7p,just under.It was never going to happen easily and in the first attempt as it is masively significant as it represents the longer term turn around of LLOY when broken through and held.

I do expect it to be broken through before May though and a bonus would be for LLOY to breach the 60p mark which will be another mile stone on its road to recovery...Santa rally taking a breather here ready for the next leg up to mid 6000's + IMO.

Mr Bluesky

[mr_bluesky] 14/1/2013 15:19

OK! time to post this chart again as it has played out pretty much exactly as I said it would.We had a high of 59p today then a drop back which would suggest that a bullflag will set up at this point as in my chart prediction....

TCG chart 07/12/12:

Infact I have just pulled this chart from friday as I suspected that a high and tight flag could be setting up.

My reasoning for the top of the flag pole being at about 40p is because it is roughly the top of a huge historic gap down and I thought it would come up against resistence there.

On break out from the first predicted flag I have a rally to cerca 60p which is another resistence point.Depending on how far the flag retraces it is also the projection of the hight of the first flag pole which is how you calculate the future rise on break out.

This is all just theory at the moment as it is still in the flag pole stage so all my comments are just potential and is my opinion based on my knowledge about what may happen.

Lets see if it plays out!

Mr Bluesky

[mr_bluesky] 10/1/2013 15:11

Fancied a bit of a gamble and have bought in a tad early for me on HRN price now at c75p.

It is looking to break out in the next few days to target c85p as a first goal.

Mr Bluesky

[mr_bluesky] 10/1/2013 15:04

Note to self:

Keep an eye on LOND as it looks to be into a recovery.

Needs to get over c200p!

Mr Bluesky

[mr_bluesky] 10/1/2013 10:27

....and time to post this one again as we are nearing my 375p target..

Mr_BlueSky
29 Nov'12 - 10:02 - 77 of 159 0 0 edit


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] 10/1/2013 09:47

Time to post this again.Looks like my positive senario is playing out well...


TSCO 30/11/12:

Infact having just looked closer at the chart for TSCO its more like a break of c340p then c360p as I have the descending resistence a little lower on reflection.

A break of 340p could well see a rise to close the gap at 365p to 383p but a failure could see support at 280p tested.

The RSI is at 60 and trending up and,as I said,I like the look of the way the MACD is forming so could get a little move north.

Mr Bluesky.

[mr_bluesky] 09/1/2013 23:10

LLOY 09/01/13:

Ok the time is very close now and way back in september when the price broke through 32p and I posted my chart of the predicted advance to 47p then the attempt on the gap fill in the mid 50's,it seems all so long ago.

LLOY is so so close to filling that gap between 56p and 57.7p and a break through it to over 60p will see LLOY break free of its shackles,but I will be suprised if it crumbles with out putting up a fight as it is so significant.

I can see it doing this before May,but the next target of 80p I cant see being breached before the end of this year/start of next,but will be happy to be wrong about the 80p and for it to come sooner as I hold these at an average of 38p.

Mr Bluesky

[mr_bluesky] 09/1/2013 10:06

bump3r:

welcome!

Will be good to have another chartist on board.

you may want to look at my other thread also,BULKOWSKI'S BULLFLAGS,that deals with high and tight flags in their purest form.

ATB

Mr Bluesky

[bump3r] 09/1/2013 09:32

Good idea for a thread Mr Bluesky.
I'll post a few if I come across them

PTR Flag forming

[mr_bluesky] 09/1/2013 09:23

LLOY chart 17/10/12:

Not far from the gap close now!

Mr Bluesky

[mr_bluesky] 08/1/2013 15:16

BKIR:

has broken out of a high and tight flag yesterday and today!

Now at .14p a break over .15p and we should see some serious action and a medium term target of .50p could be in sight....thats over 200%

Mr Bluesky

[mr_bluesky] 08/1/2013 15:05

DEB rose over 100% last year and now looks to be dropping down to back test the 200dma at just under 100p.

You cant substain a rise for that long and by that much with out coming back to the 200dma........its the law!

Mr Bluesky

hazl:

Yep the first barrier has been achieved for TLDH.Now it has to get over the 200dma at c6.5p for confirmation of the recovery.GL

[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