RE: UK Stocks - Watchlist and Discussion (Premium)
(2014-07-03, 02:05 PM)MalcolmSm1th Wrote: I am looking at CTH.L (CareTech Holdings Limited)From a Weinstein investor point of view I think all you need to know is that this is a 1-year old stock, so you don't have a decent 30 week MA uptrend to look at, but, insofar as one exists, the b/o on hi volume was at 250,
it turned around before hitting 270,
remains in some measure of 1 year uptrend, and now has returned to 250 on low volume, which is potentially one to watch. Your question as a holder is whether to add at breakout level or whether to get out while you are around b/e, as it is not behaving as well as you would like, which it obviously isn't.