01-08-2014, 02:36 PM
(This post was last modified: 01-08-2014, 02:41 PM by MalcolmSm1th.)
This is one which I have added to my watchlist here. ULTRA ELECTRONICS HOLDINGS (ULE.L) which is in the Defence sector.
This graph is a little cramped as it goes from mid 2010 onwards but you will have to believe me when I say that before this time it rose nicely to this level. In other words we've had a lovely Stage 2run from 2002.
Anyway, so we're at the top part of the chart which seemed to be to look very much like a Stage 3, particulary in 2011. Then the price levelled off and we could well be ready to continue again or it could dive down again.
I would say that we clear the early August high then we could say that we're in Stage 2 continuation or it may just finally tip into Stage 4. At the moment there's no knowing but this is why I have added this to my watch.
- Malc
![[Image: UltraElectronicHoldings-20140107.jpg]](http://www.ukhorseracing.co.uk/images/UltraElectronicHoldings-20140107.jpg)
This graph is a little cramped as it goes from mid 2010 onwards but you will have to believe me when I say that before this time it rose nicely to this level. In other words we've had a lovely Stage 2run from 2002.
Anyway, so we're at the top part of the chart which seemed to be to look very much like a Stage 3, particulary in 2011. Then the price levelled off and we could well be ready to continue again or it could dive down again.
I would say that we clear the early August high then we could say that we're in Stage 2 continuation or it may just finally tip into Stage 4. At the moment there's no knowing but this is why I have added this to my watch.
- Malc
Pam: "I wonder what my name means in Welsh"
Nessa: "Why?"
Nessa: "Why?"
