+- Stage Analysis Forum - Trading & Investing using Stan Weinstein's Stocks Breakout method (https://www.stageanalysis.net/forum)
+-- Forum: Main Board (https://www.stageanalysis.net/forum/Forum-Main-Board)
+--- Forum: Stan Weinstein's Stage Analysis - Stock Charts, Technical Analysis, Learn to Trade, Stocks, ETF, NYSE, Nasdaq (https://www.stageanalysis.net/forum/Forum-Stan-Weinstein-s-Stage-Analysis-Stock-Charts-Technical-Analysis-Learn-to-Trade-Stocks-ETF-NYSE-Nasdaq)
+--- Thread: UK Stocks and ETFs - Watchlist and Discussion (/Thread-UK-Stocks-and-ETFs-Watchlist-and-Discussion)
Pages:
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
101
102
103
104
105
106
107
108
109
110
111
112
113
114
115
116
117
118
119
120
121
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
189
190
191
192
193
194
195
196
197
198
199
200
201
202
203
204
205
206
207
208
209
210
211
212
213
214
215
216
217
218
RE: UK Stocks - Watchlist and Discussion (Premium) - isatrader - 2014-04-09
Tonight's additions to the UK watchlist. On the long side a potential continuation move in MLD.L
And on the short side - VLX.L, FSC.L
RE: UK Stocks - Watchlist and Discussion (Premium) - pcabc - 2014-04-09
Is Rightmove moving into a good place to short? I'll not try it for real but I will have a go in a dummy account.
RE: UK Stocks - Watchlist and Discussion (Premium) - isatrader - 2014-04-09
(2014-04-09, 08:28 PM)pcabc Wrote: Is Rightmove moving into a good place to short? I'll not try it for real but I will have a go in a dummy account.
RMV.L is in Stage 3 and is testing the breakdown area from the previous most recent swing lows, and is now below the 200 day MA as well. The 30 week MA has begun to flatten slightly, and the relative performance has broken below the zero line, but it's still a reasonably small Stage 3, however, this is less of a factor when there's broad market weakness also, so there's a chance it might turn into a Stage 4 decline, for which it would need a weekly close below the January swing low imo. But the 200 day area is also a place where institutional investors like to buy, and so you also often see a swing low form below it, and then a rally back into the Stage 3 range. But if the stock is still weak, then it won't get much follow through and will then collapse again and make the move into a Stage 4 decline.
I hope that helps
RE: UK Stocks - Watchlist and Discussion (Premium) - pcabc - 2014-04-10
(2014-04-09, 11:29 PM)isatrader Wrote:(2014-04-09, 08:28 PM)pcabc Wrote: Is Rightmove moving into a good place to short? I'll not try it for real but I will have a go in a dummy account.
RMV.L is in Stage 3 and is testing the breakdown area from the previous most recent swing lows, and is now below the 200 day MA as well. The 30 week MA has begun to flatten slightly, and the relative performance has broken below the zero line, but it's still a reasonably small Stage 3, however, this is less of a factor when there's broad market weakness also, so there's a chance it might turn into a Stage 4 decline, for which it would need a weekly close below the January swing low imo. But the 200 day area is also a place where institutional investors like to buy, and so you also often see a swing low form below it, and then a rally back into the Stage 3 range. But if the stock is still weak, then it won't get much follow through and will then collapse again and make the move into a Stage 4 decline.
I hope that helps
It does help to calibrate myself. The MA30 (week) looked almost flat on the charts I was looking at. This seems to be heavily influenced by whether log or linear scales are used and whether the bottom of the Y axis is based around a price minimum or zero. I'll have to factor slope of the MA30 line more prominently into my screening method - so I am not caught out by 'almost' flat.
RE: UK Stocks - Watchlist and Discussion (Premium) - isatrader - 2014-04-10
(2014-04-10, 06:29 PM)pcabc Wrote: It does help to calibrate myself. The MA30 (week) looked almost flat on the charts I was looking at. This seems to be heavily influenced by whether log or linear scales are used and whether the bottom of the Y axis is based around a price minimum or zero. I'll have to factor slope of the MA30 line more prominently into my screening method - so I am not caught out by 'almost' flat.
It looks like you are using the exponential moving average on your custom chart, which is not used in Weinstein's method. You should be using the 30 week simple MA.
RE: UK Stocks - Watchlist and Discussion (Premium) - pcabc - 2014-04-10
Quote:It looks like you are using the exponential moving average on your custom chart, which is not used in Weinstein's method. You should be using the 30 week simple MA.
I'm using simple in the charts I'm using to actually buy and sell stuff. However, at present I'm using exponential averages in a database I'm using as a screener as they are easier to calculate. I'm going to sort something better out for charts as mine at the moment are not fantastic.
I'll have to post about this in the journal section.
RE: UK Stocks - Watchlist and Discussion (Premium) - isatrader - 2014-04-10
Today's additions for the watchlist on the long side - ANP.L, FPM.L, ZIOC.L, MAJE.L, TRAK.L, ACM.L, SUH.L
And on the short side - MKS.L, ZAM.L
RE: UK Stocks - Watchlist and Discussion (Premium) - isatrader - 2014-04-10
I going away for the weekend on a friends stag do to Estonia, so there won't be the usual weekend update until Monday when I'm back in the UK. Have a good weekend everyone.