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TOPIC: Premier - PMO

Premier - PMO 14 Sep 2015 16:10 #101

  • Trendfriend
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Never a good idea to call a bottom on a stock, but today's candle here looks to be a exhaustion candle to me imho.... could well be a sign the sellers are now done...

uk.advfn.com/p.php?pid=chartscreenshotsh...BKhiHY=&symbol=L^PMO

I'm looking for a break of the double resistance @ 86p to confirm....

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Trendfriend
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Premier - PMO 27 Aug 2015 22:56 #102

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This bounced nicely from the falling support trendline.... it did break below, but only on Mad Monday!
20 day ema @ 120p is a achievable short term target here imo... lets see...

uk.advfn.com/p.php?pid=chartscreenshotsh...b8%3D&symbol=L%5EGKP

Regards,
Trendfriend.
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Premier - PMO 26 Aug 2015 09:10 #103

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Be careful out there with new longs as i suspect this is only the start of further big falls on the markets
Best way to enter now is on 123 low breakouts only.
Information Purposes Only, Do Your Own Research
remo
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Premier - PMO 25 Aug 2015 18:27 #104

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Trendfriend,

Appologies, it was 96p my buy price.... chart attached....

ta
G
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Premier - PMO 25 Aug 2015 13:30 #105

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Absolutely TF. I just worry when posters consistently throw numbers and buy/sell levels out there without support, particularly when the markets are in turmiol. Like iii it just plants numbers in the mind of readers who might jump in unawares thinking there is sound reasoning behind it. Doesn't matter what the reasoning is, as long as it is clear.

Always best to post reasoning and charts for discussion. I thought that that was what chartsview was about?

F4T
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Premier - PMO 25 Aug 2015 09:07 #106

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Weekly.
uk.advfn.com/p.php?pid=chartscreenshotsh...25+s=&symbol=L%5EPMO

Daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...Ts%3D&symbol=L%5EPMO

Close up.
uk.advfn.com/p.php?pid=chartscreenshotsh...Rj/8=&symbol=L%5EPMO

No doubt, this was speculative to go long in these markets, but this has been respecting the falling support channel trendline since 2011. It did break below the trendline yesterday, that was simply a crazy day, seems to have bounced back above today... ;)
Add that with the divergence on the RSI, it looked to be the signal at least some kind of bounce of that level.
This may well be a dead cat bounce, so lets see...
It would be nice if folks would respect that people can choose to trade as they wish. Even if one does not agree with the reason or technique for that position.. jmho
Chatsview has always been a pleasant board with good folks, please lets keep it that way.. :)

Regards,
Trendfriend.
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Premier - PMO 25 Aug 2015 08:22 #107

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Would be great to see it.
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Premier - PMO 24 Aug 2015 16:22 #108

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I had a chart with me.. and had 92p as target.... in my mind.. always set..
So I said...92p....
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Premier - PMO 24 Aug 2015 16:01 #109

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Any reasoning there Paitech or a stab in the dark?
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Premier - PMO 24 Aug 2015 11:42 #110

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My buy target is 92p..
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Premier - PMO 24 Aug 2015 11:17 #111

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uk.advfn.com/p.php?pid=chartscreenshotsh...MPM%3D&symbol=L^UKOG

I'm starting to add one or two longs now... Not expecting anyone to follow, as its very nasty out there atm..
I think this has some kind of bounce due.. although its very possible it will come back lower still..

Regards,
Trendfriend
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