(This post was last modified: 2016-10-08, 05:59 PM by Smellypunks.)
RE: UK Stocks - Watchlist and Discussion
(2016-10-07, 09:00 PM)pcabc Wrote:(2016-10-07, 09:29 AM)Smellypunks Wrote:
At the moment I mainly consider technology and energy/oil & gas producers as strong.
I was going to say that precious metals and their miners and utilities and perhaps real estate had pullbacks but still had strongly rising MAs (150 day) but I've just notices that the MA of gold has flattened out and turned down on my chart as the utilities sector. With regard to real estate IUSA.L and XLRE look quite different - which is not helpful. Perhaps the GBP/USD exchange rate is affecting IUSA.L?
Yep that is what I am thinking. I quite like the look of IQE if we are talking technology, it has broken out on good volume, it is trying to get through 2 year old resistance.