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UK Stocks and ETFs - Page

RE: UK Stocks - Watchlist and Discussion

(2014-02-05, 12:59 AM)Tryst Wrote: here's a dreadfully bearish chart of Cine (run from the stage4 breakdown screencode from Isatrader above). It has even put in a double top major reversal pattern

I agree it's a very bearish chart. But my reason for not highlighting it when I was doing my manual scan through the results earlier, was that it's still above it's weekly cloud resistance that I use as a filter for support and resistance levels. So it's what I consider an "early" Stage 4A breakdown, and hence it has a higher probability of a rebound to test the breakdown zone imo before potential moving lower again. I might be wrong, but that's my reason, as I try to mostly only highlight the breakouts and breakdowns with little to no resistance, as defined by the weekly cloud position.



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Messages In This Thread
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RE: UK Stocks - Watchlist and Discussion - by Tom - 2014-01-28, 10:33 AM
RE: UK Stocks - Watchlist and Discussion - by Tom - 2014-01-28, 07:50 PM
RE: UK Stocks - Watchlist and Discussion - by Tom - 2014-01-29, 02:53 AM
RE: UK Stocks - Watchlist and Discussion - by isatrader - 2014-02-05, 01:54 AM
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BHP.L Stage 2 breakout attempt - by isatrader - 2022-01-13, 12:29 AM
FTSE AIM All Share index - AXX - by isatrader - 2014-01-08, 02:46 AM
RE: UK Stocks - Watchlist and Discussion - by Tom - 2014-01-28, 10:33 AM
RE: UK Stocks - Watchlist and Discussion - by Tom - 2014-01-28, 07:50 PM
RE: UK Stocks - Watchlist and Discussion - by Tom - 2014-01-29, 02:53 AM
Sharehunter.com February Article - by isatrader - 2014-02-08, 10:11 AM
OT: a bit - European cement - by pcabc - 2014-04-06, 08:54 PM

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