RE: UK Stocks - Watchlist and Discussion (Premium)
Time will tell. If the market is going to plunge all sectors will take out their 150 day ma's, and hopefully there'll be ample time to short. While Nasdaq stays above its rising 150 day, I'm inclined to take some long positions.
SGRO is in a solid uptrend and attempting to emerge from a massive 5 year base.
(2014-05-12, 08:10 PM)pcabc Wrote: Does SEGRO look good for a continuation?
Breaking above previous high? - Yes
Increase in volume - looks to be around twice EMA20 of the volume.
Sector - other REITs and Investment trusts are doing similar.
Relative strength? - Above zero line and increasing (save for a little noise)
(2014-05-12, 02:07 PM)shaunattwood Wrote: these look like good short formations but the FTSE looks poised to hit a new year high so be careful, also agree about searching out bigger top formations and % run ups
Looking at the FTSE alone (ingnoring everything else going on) it looks like the FTSE is trying to break out through resistance? Does not seem to tie in with Isatraders market breadth stuff so I wonder what will happen?