Jan 24 2013 @ 10:08
Range Resources (
LSE:RRL): Probable Falling Wedge Buy Formation While I am aware that on both a technical and a fundamental basis shares of Range Resources have presented more false dawns than an Arctic spring, it does look as though we are in the most encouraging position technically for quite some time. While this is no […]
Jan 24 2013 @ 09:49
Magnolia Petroleum (
LSE:MAGP): 2011 Uptrend Line Given that Magnolia Petroleum is one of the most followed speculative situations on the UK stock market, I am aware that I have to choose my words carefully. The big plus points currently are the way that at 2.8p the shares have come back to test not only the […]
Jan 23 2013 @ 02:42
My last post thumb-nailing 10 stocks pulled out one that looked like it needed to be watched carefully and one needing to be walked down the gang plank soon. Such is the benefits of good housekeeping. The big call for 2013 however is, are we in for a great year or a crash in the […]
Jan 22 2013 @ 10:41
Greka Drilling (
LSE:GDL): U Shaped Reversal While it is of course the case that after a 20% bounce today one would / could regard shares of Greka Drilling as being on the overcooked side, to consider that we have seen the best of what is on offer here in terms of the upside might more […]
Jan 22 2013 @ 02:32
Today I posted an evaluation of 10 stocks in my legacy portfolio which contains 31 value investments and some might say contrarian shares. It is always a good idea to do spring cleaning every 3 or 4 months and by that I mean look at all your positions and decide to buy, sell or hold. […]
Jan 21 2013 @ 15:49
Go long, and go long on Yahoo! (
NASDAQ:YHOO). The stock has been in a bullish mode for a long period – and the same is valid for the year 2013. Oh bull, please continue riding your profits! Is there anyone put on horse-back who will not raise his head backwards? Looking above, there is a […]
Jan 21 2013 @ 15:37
Apple shares (
NASDAQ:AAPL) have been in a downtrend for about several months and will continue to do so for the rest of this year. The buyer is advised not to beat a bramble with their bare hand. On the chart above, 2 Trendlines and the Relative Strength Index period 14 are used. The Trendlines have […]
Jan 21 2013 @ 10:13
Chariot Oil & Gas (
LSE:CHAR): Initial January Resistance Break You might think that waiting until Chariot Oil & Gas shares are up nearly 10 per cent today is leaving it a little late as far as getting on the bottom fishing bandwagon here. But it should be said that at least from a technical perspective […]
Jan 20 2013 @ 08:03
TREND FOLLOWING IT IS! “The trending market is an ideal market to trade and make money. What trend following is not is prediction or forecasting about how the markets will go. Trend following is based on reacting to price, price and again, price. It is not based on trying to predict price directions.” – Michael […]
Jan 20 2013 @ 07:08
Don’t get me wrong, I think that Great Britain is the greatest nation on Earth, but we do have an Achilles Heel. Indeed, for the past 50 years and more it has been the relationship with Europe, and the European Union. This running sore continues, and manifests itself currently in Prime Minister David Cameron in […]
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