Chariot Share Discussion Threads

[andonis] 05/8/2014 14:13

Goodness knows for how long this resistance will last

[andonis] 05/8/2014 09:34

At this level is a bounce but wants to go to 400

[invisage] 04/8/2014 21:32

Ando

What are your views on TLW pls ?

[andonis] 02/8/2014 22:12

perhaps a better analysis?

[andonis] 02/8/2014 15:38

The issue is will the 4 bounces within the blue safice or as before 5 waves within the blue and then move to wave 4 black....

[andonis] 02/8/2014 13:43

Max you are more bearish than I am...I am not saying there is much more to go, I am working out the details. The issue is Is it crashing down? I say not yet. There is many stops and I see that wave 5 needs to come or be attempted to come and fail..I somehow do not see this not revisiting the TOP.....if not then I will be amazed.

[andonis] 02/8/2014 13:41

This is another great illustration of the FOREST how it all came about...

[maximillian1] 02/8/2014 13:17

I think we keep going down to around 15500 forming a head..we have the left shoulder in place.. then bounce for the right sholder and end up at about 13863ish ....So the Sunday futures need to carry on down... soon see

[andonis] 02/8/2014 12:59

To further support my case, this has come to 61% retrace of the last rise as shown in the figure below. Normally this is a BOUNCE....And only fools short a 61% line on day trading...Yes it could go another 200 down to 50%, but then it will not be able to return easily back up. I cant be sure just yet if this is desirable but I can see a scenario bouncing this up and falling back to retest this current level by august 14. If it holds then prepare for long rises afterwards..

[andonis] 02/8/2014 12:46

Ok to be more precise, the previous graph is logarithmically plotted and as you see the correction is done. If you look at it linearly then as you can see another 200 pips is possible. Thats all....then thats wave 4 done and then up we go for wave 5......

[andonis] 02/8/2014 11:35

Actually Invi we will get a bounce from here. The reason is as folloes. There it is ...sitting on support. Not for long but this should bounce ...

[invisage] 02/8/2014 09:36

16000 on the DOW is not far off.....guess your saying we are getting close to buying again ?

[invisage] 31/7/2014 22:00

Ando

What are your year end FTSE and DOW targets pls ?

[andonis] 30/7/2014 00:53

Hi Wookie
its got to break out of this wedge...long term... it does look promising.

[wookie77] 29/7/2014 13:21

Hi Andonis can I ask what you make of CAD (Cadogan Petroluem) share price seems it's on the verge of breaking a 5 year downtrend?

[andonis] 28/7/2014 18:52

Smiles all over....just great trades

[hedgebetter] 27/7/2014 16:58

That's excellent news. Its good to see an independent actually go and talk to the management, look them in the eye, and then make a conclusion after a tough talk.