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+--- Thread: UK Stocks and ETFs - Watchlist and Discussion (/Thread-UK-Stocks-and-ETFs-Watchlist-and-Discussion)



RE: UK Stocks - Watchlist and Discussion - isatrader - 2016-08-04

SRP.L - Stage 2A breakout attempt from one year inverse head and shoulders pattern. Relatively short time in Stage 1 of only five months though, so is still a chance of the resistance being quite strong, after a long and deep multi year Stage 4 decline.

       


RE: UK Stocks - Watchlist and Discussion - Smellypunks - 2016-08-05

What you think of MUL? Nice base. But would be nice to see more volume on the daily chart. Looking for a strong close today.


RE: UK Stocks - Watchlist and Discussion - kero - 2016-08-05

Smellypunks, I'd say that this stock is already engaged since a lot of time in stage 2, which started end 2014 (eventually start 2016, depending on what basis we take).

Also, it has a curious trend style, because it rises very slowly, being all the time in contact with the SMA30weekly. The daily chart also shows unusual moves, without the classic cycle of impulsions/pullbacks.

Honestly, I find it quite uninteresting for a long trade.


RE: UK Stocks - Watchlist and Discussion - isatrader - 2016-08-05

I highlighted FXPO over three weeks ago while in Stage 1 here: http://stageanalysis.net/forum/showthread.php?tid=45&pid=10340#pid10340, as it was forming a constructive base. It's moved over 50% higher since then and this week moved through the Stage 2A breakout level and finished the week strongly higher on more than 3x average weekly volume.

           

A few others for the pullback watchlist already in Stage 2 with good volume since there breakouts - DPP.L, SXX.L

       


RE: UK Stocks - Watchlist and Discussion - odlareg - 2016-08-05

(2016-08-05, 06:47 PM)isatrader Wrote: I highlighted FXPO over three weeks ago while in Stage 1 here: http://stageanalysis.net/forum/showthread.php?tid=45&pid=10340#pid10340, as it was forming a constructive base. It's moved over 50% higher since then and this week moved through the Stage 2A breakout level and finished the week strongly higher on more than 3x average weekly volume.



A few others for the pullback watchlist already in Stage 2 with good volume since there breakouts - DPP.L, SXX.L

Nice clean setup.
I had a watch in PRT monthly 10000 units back to 2008. The bottom now in 2016 is at the same level as in 2008. Quite astonishing. I see these things a lot. It is something Stan mentions too.


RE: UK Stocks - Watchlist and Discussion - isatrader - 2016-08-05

(2016-08-05, 08:37 PM)odlareg Wrote: Nice clean setup.
I had a watch in PRT monthly 10000 units back to 2008. The bottom now in 2016 is at the same level as in 2008. Quite astonishing. I see these things a lot. It is something Stan mentions too.

It's a good setup, but it's not the A+ setup I try to focus on, as it's still just entering the resistance zone from early 2015. So it will need strong volume to push through the zone quickly. i.e. many more weeks of the same kind of volume as this week. So we'll see if there's interest from buyers in the coming weeks. Otherwise it could go higher initially and then consolidate or pullback a bit before it's ready to make a strong Stage 2 advance. So it is one I'm definitely going to keep an eye one in the coming weeks and months.


RE: UK Stocks - Watchlist and Discussion - pcabc - 2016-08-07

UK. Note thart PADV.L is a dividend share ETF.
       


RE: UK Stocks - Watchlist and Discussion - isatrader - 2016-08-08

A few for the UK watchlist - CVSG.L, IAE.L, MGGT.L, SSPG.L