Cookie Policy

Welcome, Guest
Username: Password: Remember me

TOPIC: IMI PLC

IMI 17 Dec 2013 13:35 #1

  • remo
  • remo's Avatar
  • OFFLINE
  • Moderator
  • Posts: 2802
  • Thank you received: 5120
  • Karma: 111
Im long on this already but thought id point this one out.
Possible 123 low formation for the short term and price has come down since but still valid.
stops should be below the trend line.


dl.dropboxusercontent.com/u/4899609/imi17thdec.png
Information Purposes Only, Do Your Own Research
remo
The administrator has disabled public write access.
The following user(s) said Thank You: Jackozy, cautious tone

IMI 24 Jun 2013 09:54 #2

  • remo
  • remo's Avatar
  • OFFLINE
  • Moderator
  • Posts: 2802
  • Thank you received: 5120
  • Karma: 111
Perfect trade.... B) B) B)
This is what normally happens when a trend line breaks after a long time. Thats why trend lines should be respected. :cheer:


dl.dropboxusercontent.com/u/4899609/imi24thjune.png
Information Purposes Only, Do Your Own Research
remo
The administrator has disabled public write access.
The following user(s) said Thank You: WaveSurfer, buffet

IMI 21 Jun 2013 16:27 #3

  • remo
  • remo's Avatar
  • OFFLINE
  • Moderator
  • Posts: 2802
  • Thank you received: 5120
  • Karma: 111
ive gone short now with a 20 point stop
Information Purposes Only, Do Your Own Research
remo
The administrator has disabled public write access.

IMI 21 Jun 2013 16:08 #4

  • remo
  • remo's Avatar
  • OFFLINE
  • Moderator
  • Posts: 2802
  • Thank you received: 5120
  • Karma: 111
This is bang on the trend line....
Normally id go long from here. But now with the markets the way they are im avoiding going long from the trend lines for the time being.
But i will short this if it goes through and back tests the trend line with tight stops.

If this goes through by 4.25pm i may take a small short with 20 point stop.


dl.dropboxusercontent.com/u/4899609/imi21stjune.png



dl.dropboxusercontent.com/u/4899609/imi21stjune1.png
Information Purposes Only, Do Your Own Research
remo
Last Edit: 21 Jun 2013 16:09 by remo.
The administrator has disabled public write access.

IMI 25 May 2013 09:32 #5

  • diver993
  • diver993's Avatar
  • OFFLINE
  • Senior Poster
  • everything is possible
  • Posts: 699
  • Thank you received: 1138
  • Karma: 25


This is looking good for a retrace to the target area between 50% and 61.8% fibs before proceeding higher.
The administrator has disabled public write access.

IMI 26 Apr 2013 18:03 #6

  • diver993
  • diver993's Avatar
  • OFFLINE
  • Senior Poster
  • everything is possible
  • Posts: 699
  • Thank you received: 1138
  • Karma: 25


This looks a good possibility and may well make 1550, though I'll probably chicken out at 1500 :) Certainly the fib structure is sound. I will enter on a break of the downtrend line from 1370 which is current 1260 but DYOR.
The administrator has disabled public write access.

IMI PLC 19 Apr 2013 14:19 #7

  • ronnie
  • ronnie's Avatar
  • OFFLINE
  • Administrator
  • Always look on the bright side of life!
  • Posts: 2211
  • Thank you received: 1536
  • Karma: 71
Good example of how important support and trend-lines are, this touched support and bounced straight up.

Information purposes only, Do your own research,
All share trading carries risk,
Ronnie
www.chartsview.co.uk
www.facebook.com/chartsview
twitter.com/chartsview
www.linkedin.com/company/2766233
chartsviewblog.tumblr.com
The administrator has disabled public write access.
The following user(s) said Thank You: remo, jonamacg83

IMI PLC 19 Apr 2013 08:44 #8

  • ronnie
  • ronnie's Avatar
  • OFFLINE
  • Administrator
  • Always look on the bright side of life!
  • Posts: 2211
  • Thank you received: 1536
  • Karma: 71
This gapped down today and is heading towards support and upward trend line, if it breaks both then it could possible signal a correction so one to watch.

Information purposes only, Do your own research,
All share trading carries risk,
Ronnie
www.chartsview.co.uk
www.facebook.com/chartsview
twitter.com/chartsview
www.linkedin.com/company/2766233
chartsviewblog.tumblr.com
The administrator has disabled public write access.
The following user(s) said Thank You: remo
Moderators: remo

Time to create page: 0.319 seconds