(This post was last modified: 2015-01-19, 12:34 AM by Tryst.)
RE: UK Stocks - Watchlist and Discussion (Premium)
(2015-01-04, 11:17 PM)isatrader Wrote: Just a quick note to say that stockcharts.com has put data for the London Stock Exchange at the top of it's coming in 2015 list, so we could finally have the ability to post the same quality of charts that we do in the US threads and also it would give me the ability to do intraday scanning on UK stocks, and hence highlight Stage 2A breakouts and continuation moves during the trading day like I do on the US thread. So here's hoping that they do it.
That is great news! Keep us posted on this one.
(2015-01-04, 11:54 PM)isatrader Wrote: L, SBD.L
Just zooming out on this one and it can be seen that it had a very nice and long base. I guess it is how you view this, whether the base started back in late 2009, or whether it started in mid 2011. Coming out of that base around mid-late 2013 is the exact type of shares I want to be looking for. It shows some touches of the 150/200 MAs which give great trade ops for those with patience

Here is a question for you all: if you had a position in this UK share from sub 160, once it got into the stage 3, would you still hold, or would you move your money to another share that showed imminent breakout potential? So would you leave your position on with this share and the add at the touches of the 150/200 day MAs and the stage 2 continuation, or would you unload completely in the stage 3 and then come back in prior to the stage 2 continuation?
Technically a great chart example imv.