Stanley Gibbons Share Discussion Threads

[elmfield] 09/6/2005 15:48

me again?
been here since 20p'ish, sold some at 40-50p but kept a good chunk,
just forget about them until I see a bit of blue and then check in here!

[2janpieter2] 09/6/2005 14:04

You again, Elmfield.

[giovannina] 09/6/2005 11:01

price target £1.20:o)

[its the oxman] 09/6/2005 10:40

perfectly reasonable skyship - sgi has moved up faster than i expected - indeed a bit of profit taking back to 90p level would be no surprise now.

[skyship] 09/6/2005 10:15

Exited half at 95.75p - couldn't resist a turn after two months of near apathy! If there were a tip yesterday then that usually provides a useful short-term exit.

[gregory0106] 09/6/2005 09:47

Where was it a tip yesterday?

[giovannina] 09/6/2005 09:19

Yes I bought another 10k,is been tip last night:o)

[elmfield] 09/6/2005 09:04

HMMM, looking very strong this morning,
any reason?

[yf23_1] 09/6/2005 04:11

sorry to clog this thread up with Tech Analysis
but here goes



The SGI chart is very interesting...
we now have a break of downtrendline (mid march to 2 days ago)
we have a move out of the oversold zone (RSI < 30) with RSI rising - I should note here that the ADVFN RSI appears to be not including the current day (Duh), in which case tomorrow should see a big rise in RSI to 40 or 50 to take into account the move already from 83-89p. Another bullish factor is that the white candle has no upper shadow.
What is also interesting is that yesterdays move up takes us to just over the 200 ma. One of my golden rules for long term holding of shares is to sell on confirmed failure of 200 ma and buy on confirmed retest. Thats what the big boys in the City do as it provides good pound cost averaging on their (obligatory) long term holdings.
The rule is that if a share does not break below its 200 ma, then you will have a capital gain, by definition, the 200 ma being particularly important as it fits in with economic and business cycles.
Anyway, in SGIs case we have now met the 50 ma and exceeded the 21 ma.
We might now see some consolidation around this level as the 21 ma rises to meet the 50 ma.
A more bullish scenario would be more gains and a hold some way over the 200ma that would power the 50 ma to bounce off the 200ma giving more bullishness.
Breaks below the 200 ma and the subsequent action give a good idea of the core following behind a share.
If we look at the same graph of MCTY we can see a similar situation but with very different factors involved...



Both the 21ma and 50 ma are already below the 200 ma.
Recent candles have long upper shadows indicating resistance (at the 50 ma).
The shareprice is already trapped between the 21ma and the 50 ma and BELOW the 200 ma.
RSI is turning down before reaching over-bought levels of >70.
The downtrendline is not broken and provides extra resistance as it now coincides with the 50 ma.




All in all, they look the same but they are quite different.

[giovannina] 08/6/2005 21:30

looking very good,defenetly buy some more 2morrow!!:0)

[giovannina] 08/6/2005 13:06

yf23_1 thank you :o)

[its the oxman] 08/6/2005 12:46

looking good - expect to break back above moving averages first then probably some stability before onward and upward.

[clocktower] 08/6/2005 12:31

You`ll be to late Hector if you wait.

[hectorp] 08/6/2005 12:29

I sense it might be a little premature to go long the stock, I'll look in and see how its panning out. I note the charts shouw the stock often moves in 10p sized jumps, However the spread isn't very helpful.

[clocktower] 08/6/2005 12:25

Yes back upwards is the direction this is now headed in, and well worth keeping an eye on.

[its the oxman] 08/6/2005 10:31

only another small uptick today - but feels like a reasonable up day i.e. 4 or 5p rise is due soon as sgi starts to retraces some of its oversold position. fingers crossed.

[giovannina] 07/6/2005 18:39

yf23_1 thank you, in that case I will wait to top up!

[yf23_1] 07/6/2005 14:58

Im not an expert in RSI as you probably need to use it in conjuction with other indicators but 600,000 traded, (although 200,000 was a Broker to Broker trade so we may be counting it twice).
Even so, didnt affect the price at all which should fit in with rising RSI.

I hope we see increased volume over the next few weeks.
SGI seems to suffer price drops on low volume which would fit with MMs trying to drum up business or undisclosed sell orders.

[giovannina] 07/6/2005 14:07

yf23_1 thanks for your graph,but why so much selling this morning? 600k+sell should I be worried?? just bought back in this one, felt quite happy after your graph appeared, but now I wonder if investors gone off sgi or maybe sgi got a problem we dont know about?????!!!!!!!!!!!!!!!!!:ol

[hectorp] 07/6/2005 08:18

Very true Freddy, if its you, will be buying my stock back very very soon. CLosed out around 105p, get back in maybe this week.

[yf23_1] 06/6/2005 16:46

Looks good risk/reward for the upside now
Previous hammer bottom was not supported by RSI.
Previous RSI bottom in DEC was 10, which we double bottomed out of in May and we now have a break over 30 as at start of year.
Implies a rise to the 50 ma IMHO

[its the oxman] 03/6/2005 12:55

bought today sub 84p - looks due a rally now with plenty of buys and 3% yield - hope to see 110p again come year end results if not before. looks a quality long term story with upside from new stamp fund yet to come - so hopefully any downside is very ltd.

[gregory0106] 01/6/2005 14:09

Quite a bit of selling today - shame I have no ready cash or I would have taken on some more.

Anyone know or speclate on the reason behind the sales & 2p price drop?

[mryesyes] 31/5/2005 18:46

I just wonder if this has made its big leap and now it will just sleep soundly