[Locked in]

Thanks for getting involved guys. I was hoping some of the newer members would add their two cents as it is always good to hear everyone's picks. So if you are new to the thread (or anyone), I would love to hear from you.

Locked in, I noticed on some of your weekly charts you had a 200 week moving average I guess that's probably because you keep switching back and forward between the weekly and daily charts. If you set up your template with two charts i.e. both a weekly and daily, give them equal space on your screen and link it will save you flicking back and forward. Your MA's will remain correct and trend lines and annotations etc will be duplicated on inferior time frames. Clicking on the "chain" icon on the first chart in the bottom left corner will link them, see images below for duplication of annotations on inferior time frames and how I split the charts on my screen.

Thanks for that Mr. Good. I will attempt that but not sure I have enough room on my screen for two charts and my lists. we shall see.

I got into this one too early, I remember you being cautious when you placed it on your watch list and you were waiting for a break above the resistance level from two years ago. It obviously was the right decision. Below is my trade journal entry so we can all learn from my mistake.

Thanks for adding a part of your journal for us. The reason I decided to be cautious there is because that short term breakout was really close (I think 26 cents) to where I ended up buying. Since it was so close to the peak of 2 years ago I decided to wait and see. I almost pulled the trigger the very day you did but it would have had to gain another cent or so.
To give full disclosure, I don't always act that way. In fact, I will prove that in my journal when I post in a couple of days and you can rip me apart for doing the exact opposite of what I did on bsx.

I think these are really tough times because there hasn't been any sort of real pullback since November. I have found myself just getting in on smaller pullbacks and/or using sector momentum to buy a little earlier than one should with a disciplined entry approach. I am hoping that doesn't backfire but always ready to learn new lessons..but with this much volume coming in, and people jumping in on the slightest of dips, I think ppl are going to just keep chasing names and sectors because the majority of investors have been missing out and getting antsy.

[Lplate]

With FTSE at a high, the method should not look for shorts, but I noticed this small oil company Gulf Keystone http://tinyurl.com/b59bhbv
It has broken into stage 4 a little above 150p, and, now at 148p, has approached the breakdown level. As background, this is a very popular BB stock, where supporters look to be unclear exactly what oil the company has, so I sense this will end in tears.
Although WTIC is going sideways between $85 and $98, http://stageanalysis.net/forum/attachment.php?aid=1180 Brent has recently underperformed WTIC and has broken down also at 104.75, which it is now retesting. http://scharts.co/18UpYcz

[isatrader]

I posted about Real Estate Investment Trusts (^NMX8630) on the 13th May here: http://stageanalysis.net/forum/showthrea...659#pid659 and highlighted LAND.L, which has since had a good move. However, one of the other stocks I mentioned that had better relative performance than LAND.L was BLND.L, which is now attempting to make a long term Stage 2 breakout on the monthly chart, as it closed above it's 2011 high last Friday, and now needs to close the month strongly above the breakout level to confirm the very long term monthly Stage 2 breakout.

Short term it's extended, but has the ingredients in place to do well, as do many others in the sector which has now moved to second in the sector RS list. Relative performance is good, and cumulative volume is rising.

I've attached my technical attributes charts which show a monthly score of 6 out of 8, and the weekly last week moved to a maximum 8 out of 8, and also the normal weekly and daily charts for the medium and short term view.

It pays a good dividend of 4.07%, and so is another one from the currently strong Real Estate Investment Trusts sector for my investor watchlist.

[isatrader]

A new one for my watchlist is Supergroup (SGP.L) which is still in fairly early stage 2 and is attempting to make another continuation move. The mansfield RS is fairly strong and cumulative volume has been building over the last year. The Personal Goods sector (NMX3760) that's it's in is around it's zero line and close to making a continuation move itself. But it's only 24 out of the 38 FTSE 350 sectors. Attached is the weekly and daily charts of SGP.L

[goodtyneguy]

TIPS - A short sell candidate for the trader or investor watchlist.

       

Thanks isa, stage 4A it is. It's been a long day today.... sigh.

[isatrader]

Two UK stocks for my watchlist tonight. Vodafone Group (VOD.L) and Johnson Matthey (JMAT.L). Vodafone is trading above it's 2007 high currently and Johnson Matthey is breaking out to all time highs after a year or so in a Stage 3. So both could be worth some further study.

[goodtyneguy]

Huge potential in MIG a penny/cent stock listed on the athens exchange. Looks to have just broken out into stage 2A and may want to fill the gap tomorrow. If it does and stabilises around the BO level I'll be looking to get in with a stop just below the 200dma. R2R to the near term resistance will be in the region of 1:3 or 1:4
Apologies for the crappy charts I could n't find it in PRT.

       

[isatrader]

Huge potential in MIG a penny/cent stock listed on the athens exchange. Looks to have just broken out into stage 2A and may want to fill the gap tomorrow. If it does and stabilises around the BO level I'll be looking to get in with a stop just below the 200dma. R2R to the near term resistance will be in the region of 1:3 or 1:4
Apologies for the crappy charts I could n't find it in PRT.

I think it's a tricky one to rate as it had a 5-6 month early Stage 2 run from October to March and then had a massive 50% collapse back to test the 2012 lows in early April, and has had a 100%+ bounce since then in one month, and is now trading around a flat 30 week MA. So it's extremely volatile.

The signs are fairly positive though that it's in the late Stage 1 process, as you can see the relative performance 52 week MA (zero line) flattening out and turning up, and the volume is beginning to pick up, with cumulative volume close to it's February high. So I'd rate it as in Stage 1B personally. I've attached my weekly and daily charts for you.