RE: Watchlist - Investor method
(2014-02-13, 02:12 PM)malaguti Wrote: Noticed Barclays over the last few days, potentially about to enter stage 4
Its relative strength (to the FTSE) unfortnately is still +ve but volume is still consistent and rising on downside movement
Its sector is also in exactly the same place awaiting a break of support
Still reading the book, so apologies but I thought I'd update the chart to cover the previous resistance which is so glaringly obvious. so not such a good one after all
Also, I should probably have posted this in the UK stocks area so bear with me

anyway, have included the immediate support and the next level not so far away.
Historically not a particularly good stock, from 3 to 4 to 1, 2 and now 3 and potentially 4 again all in the space of 2 years and price is exactly where it started