[pcabc]

A few for the UK watchlist from todays scans - FPM.L, AMO.L, TEP.L

FPM.L came up earlier this week on the watchlist and today made the Stage 2A breakout attempt, closing the day above the breakout level on just over 2x average daily volume. The weekly relative volume stands at 1.49x average weekly volume, and so needs to have a strong volume day tomorrow and also close the week above the breakout level to confirm the Stage 2A breakout attempt.

So just to confirm, as my timing is often a bit sub optimal. This is a valid buy right now but if weekly volume does not confirm then sell on the rally? Or are you suggesting waiting until the end of the week? If the latter that can often be a bit late.

I realize this is this is a bit of a basic question for someone who has been around here for so long. However, sometimes I find it is good to ask the basic stuff, even if you think the answer is obvious, as I find it often provides clarity of thought.