Bank Of Georgia Share Discussion Threads

[nw99] 13/2/2013 07:58

Anyone know when the results are due ?

[mr_bluesky] 12/2/2013 09:58

LLOY:

Looks to be making a move on the back of BARC finals to close that gap at 56-57.7p this week.

Mr Bluesky

[mr_bluesky] 11/2/2013 10:33

BUMI & AQP:

I have mentioned these in the recent past and they have both moved on and up since to confirm my views that they are two very good recovery stock.

Mr Bluesky

[mr_bluesky] 08/2/2013 10:37

TNI:

There you go folks!

TNI has indeed broken out!

First target c125p.

Mr Bluesky.

[mr_bluesky] 07/2/2013 18:48

TNI:

TNI at 104p and MACD histogram has just about gone positve today with RSI well placed for a break out!

Big move again very very soon!

Mr Bluesky

[davebowler] 06/2/2013 15:43

All time high.

[mr_bluesky] 06/2/2013 09:23

LAM:

Has carried on its impresive recent rally.No real solid resistence until about 300p now and a huge gap to close on the run up.

Mr Bluesky

[mr_bluesky] 05/2/2013 10:02

Below is a comment of mine on PHTM from another site as "jonc" 24th june 2012.
The bullish pattern worked our very well although it actualy turned out to be a triple bottom rather then a double one,but had the same outcome on breakout.

Today it is making further progress with a break out and is now just under 74p.


jonc
24 Jun '12


PHTM chart is getting interesting.It has set up and eve & eve double bottom which is potentialy one of the most reliable double bottom patterns with the best gains on breakout.It has just broken above the trigger point for the confirmation of the pattern and is now backtesting it...An advance from here(42,5p)on higher then average volume would be very bullish,but lookout for price action around the 48p mark as it advances towards the 200sma,jonc

[mr_bluesky] 05/2/2013 09:16

LWB:

Trying to breakout today!

Needs to get through and hold 60p for confirmation.now it is just under!

Mr Bluesky

[pictureframe] 04/2/2013 13:37

Watching EME - nice decsending traiangle pattern formed. As ever I wait for confirmation first.

[mr_bluesky] 04/2/2013 10:17

SMDR:

Keep an eye on as at 210p now it has had a nice bull bounce on the announcement of an oil and gas find.

Mr Bluesky

[mr_bluesky] 04/2/2013 09:53

BHR update:

I made a comment on friday that BHR had had a huge bull bounce,but needed to break through the 200dma for me to consider an entry point.

Today it rose up more and hit the underside of the 200dma and has now retreated back down.It is still up on the day,but this highlights my concern about it not being in recovery until the 200dma is broken through and held.

Mr Bluesky

[mr_bluesky] 03/2/2013 16:43

pictureframe:

I also like to trade ascending triangles preferably when they form as part of a bull flag.....they can lead to some rapid and lucrative break outs with a high rate of predictablity!

Mr Bluesky

[mr_bluesky] 03/2/2013 16:38

I have just posted thison another thread,but as they also meet the criteria here I thought I would post here as well........


I have singled out 4 shares that I believe to be in early stages of a long term recovery as that is the type of investment I like to get in on.Not only good for a short term trade,but ones I would be happy to go longer with and the chart patterns are pointing to that on these companies.Below is my choice and my short term comment.

SMP(247.5p):

MACD has just crossed over while above zero,RSI is at 60+ and the price has just broken out of the top of the Bollinger band on good volume.All bullish signs!

WLF(202p):

The price has broken through the 50dma and the 200dma and is now back testing and looking to be done.MACD is forming my break out pattern and RSI if looking to turn and trend up.Bullish!

GRI(132p):

Is on a nice solid run up the 50dma having golden crossed in October.Bullish!

AQP(70.5p):

50dma about to cross up through the 200dma,RSI in trending up and in the upper 50's and MACD is looking to cross up.Bullish!

with them all reporting in some shape or form next week lets see how they do!

Mr Bluesky

[pictureframe] 01/2/2013 23:00

Good thread - I trade mainly ascending triangles. Hoil is looking good once we break £2.12 imo

[mr_bluesky] 01/2/2013 22:47

outlaw:

To me HOIL looks ready to pop up with the first target of c250p!

Mr Bluesky

[outlawz] 01/2/2013 17:37

hi, whats the story with heritage oil, it seems an age before it will break out properly.

[mr_bluesky] 01/2/2013 17:35

Look out for BHR at 4p after a huge bull bounce!

still needs to get over the 200dma for me to take it seriously

Mr Bluesky

[mr_bluesky] 31/1/2013 19:25

PDL:

I commented of PDL when it was 117p saying that it was set up for a break through the 120's,but was concerned about the down trending 200dma which the price was coming up against...I had good reason to be concerned.....

Well the trading update this week reported a 200,000 fall in carate production which equates to less 7% and madam market did not like that even though the were alot of positives in the report.

Price is now back under 110p and has dropped out of the bollinger band and below the 200dma and 50 dma.......not a bullish sign!

Mr Bluesky

[mr_bluesky] 31/1/2013 09:56

Note to self:

Been in TNI for quite some time now and at just under 100p now and break through will see 125p quickly.

Mr Bluesky

[mr_bluesky] 28/1/2013 09:45

NTOG:

Has broken out of bullflag today with a nice gap up!

Mr Bluesky

[mr_bluesky] 27/1/2013 10:00

LLOY:

Price has bounced off the 20dma and would not be suprised to see it making a second attempt to fill the gap at 56p-57.7p in the next 10 trading days.

Mr Bluesky

[mr_bluesky] 26/1/2013 23:59

FUTR nearly there!

I have it down for a rally onto 24p in my chart,but could well go as far as 30p on breakout.

Mr Bluesky

[mr_bluesky] 26/1/2013 17:23

I have just posted this on another thread,but as it meets the criteria here I thought I would post it..


ECM break out chart 25/01/13:248p

I like this chart so I thought I would draw it up!

ECM has been on a general down trend since june 2011 and,with the recent rally,has broken out of it.The rally from the early December low of 202p has taken it to a high of 250p in early Jan this year.This formed the flag pole and the sideways trend it is in now is the flag.The price is now at 248p and needs to break through 250p for confirmation of the bullish pattern.The break through should see a move to c295p where the rally will more then likely stall again.

ECM has an IMS on friday so this could well re kick start the rally again.

Mr Bluesky