Re: FEVR I saw it in a supermarket for the first time last week so I guess it won't be long.Then it will be time to place the shorts......
ZOO bottoming? Too early to tell, and I'm not a great follower of wave theory but thought this looked interestingJust on my watchlist - no holding[link] is EOD data. Today it's back to the 50ema at 95-96 with CCI turning up sharply.Bottoming at end of W4? Too early to tell but CCI is at oversold level last seen at end of W2 in February.Pen
Re: FEVR Really can't see what all the fuss is about FEVR. It's product is okay but not markedly better than its rivals IMO (I have to admit that I'm not an afficiando of tonic water and stand to be corrected).It just seems to be the latest fad for those with more money than common sense (I just cringe when somebody says they're going home for "a gin and a Fevertree" and eventually they will move on to the next "big thing" once it loses its cachet i.e. when all the "commoners" start drinking it.
Re: IamSC Well I took a small speculative position in Zioc of 195 pp because of the crazy spread!
Re: FEVR Now that's a mistake I keep making myself......."It looks too expensive at the moment - I'll wait for a pull back"Then I usually get distracted with some of the jobs that need doing around the house and garden. Followed by......"Damn, I should have bought that (sometimes back) earlier/yesterday".......
FEVR Perhaps we should add Fever Tree, but Im amazed it keeps going up!This is one I missed . Keep telling myself it was already too expensive.Should have followed the Stan Stage philosophy!!
Re: The old stage 2 ones are the best Meant also to include Griffin Mining (GFM)
The old stage 2 ones are the best I include in that:-Burford Capital (BUR)S&U (SUS)SSPG Plus500 (PLUS)Central Asia Minerals (CAML)The charts speak for themselves but do your own research.
Re: IamSC ENQ is one of my larger holdings along with GENL.I follow quite a large watchlist of shares and post charts here if I think Im seeing something of interest developing on the chart. So, Im still following M&S, OTB, VRS, IQE etc as examples.This doesnt mean that Im necessarily thinking about buying the share. Its just that Im interested in the chart.Yes, maybe this is a bit sad, but I just enjoy charting.Pen
Re: IamSC GEMD and obviously ENQ are the best out of those (chart-wise) in my opinion. GEMD has gone on my daily scan list now.Zioc - perhaps - chart looks decent enough. I want some more definite movement first though.XLM - plenty of overhead resistance to clear. I've been watching this one already.
Re: IamSC gemd
Re: IamSC Well I am going to apply that rule to myself.Pick a couple out the hot sectors who have strong fundementals that hopefully have bullish charts. I prefer it I saw it on my TA screener first.The inverse being poor shares. Telecom Plus or TalkTalk maybeMy current holidings:Bowl,DEMDSAT,SIGENQUESTTTGAMSWATKIN JONESSIG sellThe only mistake I made recently was shorting Northgate. I should have known not to open a position when I did. I did hold Glencore and that seems to be going up! The only ones which caught eye today are XLM and ZIOC.I think both are going to break out.ZIOC seems rather tempting in a speculative way. Iron Ore prices on the up and rumours it might be bought out. Those targets below seem great. I might buy tomorrow.Pennant (Bullish)Target Price 40.00 - 156.0031 Jan 2018DAILY14.38Symmetrical Continuation Triangle (Bullish)Target Price 28.00 - 31.00
IamSC You make a good point there and I one that I feel has been hammered home for me in the last few months.It really pays dividends to focus attention on strong stocks in the HOT sector/industry (assuming a bull market, which is currently the case). The strength of the sector can float all boats. Your winners are turbo-charged and your losers don't cost you much.As we've all seen, oil is THE hot sector at the moment and gains in some of the leaders there have been impressive. What's also evident is that they just keep on going up, without meaningful pullback! That's the power of a hot sector stock.Why bother wasting time with B and C grade opportunities when the low hanging fruit is available? That is exactly what I spent April doing - trying to get clever with a load of stocks that weren't oil, and dabbling in oil (making a bit) but selling early and missing the lion's share.Unfortunately, I haven't really managed to make the profit that I should have from THIS hot sector rise, so far. But I have absorbed the lesson thoroughly, and I won't be missing the next one. And if there is a suitable looking pullback (there almost always is) in oil (and then the stocks), I will be joining then.That said, as I think Pen does, it's worth casting an eye over a wide range of stocks from time to time to keep a finger on the pulse.
Re: AMRC ZIOC
Re: AMRC For a company which has been going 7 years and has no revenue it's not a investment but a trader. I have seen nothing on my scans to suggest it's going to sky rocket. IMHO is more promising similar stage company!