RE: Watchlist - Investor method
Essar Energy (ESSR.L) caught my eye for a potential investor position as it's currently in Stage 1B / 2A with positive relative performance that's been in line with the S&P 500 since the start of year and the cumulative volume picked up at the start of the year as well. I've taken advantage of stockcharts new feature for extra members to be able to load your own data into a single chart called @myindex, as I can use it to create decent P&F charts for UK stocks. So I've loaded up Essar's historical data and created a few P&F charts to get a different view of the Stage 1 base that's been forming for the last year.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.