(This post was last modified: 2014-02-18, 12:47 AM by Tryst.)
RE: UK Stocks - Watchlist and Discussion
GEMD - this is a very nice chart. Tbh with the selling, I would be looking at that after a breakout and faill back to support (old resistance), which looks to be the 168 area. I will be keeping a close eye on this one.
You can see the massive volume being accumulated on the lows of the GDX since the middle of last year onwards.
One chart that has done well for me on the Fantasy League and in my real life portfolio is, HOC. Great volume on the lows too. the range from 290 - 400 shouldn't offer too much resistance since the drop here previously was fast and on average volume.
(2014-02-18, 12:27 AM)isatrader Wrote: True, they have been, but in terms of Weinstein's method they've only just moved into Stage 1A and relative performance although recovering strongly is still below the zero line
that being said, and with traders waiting in the wings so all ducks are lined up, there could be a whole lot more buying coming into this sector.