RE: UK Stocks - Watchlist and Discussion (Premium)
these look like good short formations but the FTSE looks poised to hit a new year high so be careful, also agree about searching out bigger top formations and % run ups
(2014-05-11, 11:17 PM)isatrader Wrote:(2014-05-11, 11:07 PM)pcabc Wrote:(2014-05-11, 08:59 PM)isatrader Wrote: It is also in an under performing sector which is support services (NMX2790) which below it's relative performance zero line and is mid range of the FTSE 350 sectors currently, and in Stage 2B- on the sector chart.
This has given me a thought. Whether I should re-visit my attempts at a sector relative strength in addition to the one I do for FTSE250 (MIDD.L)? Would it cause confusion here if I added a second RS plot? Of course, this is also dependent on getting a good sector ETF and good data. Sometimes ETF data is not so good.
Why do you need an ETF? The sector symbol is for support services is NMX2790 and data for itand all other UK sectors is available in multiple places. I download the sector data from ADVFN which is very good for UK data.