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TOPIC: BRS - Bristow Group

BRS - Bristow Group 14 Mar 2017 22:24 #1

  • Trendfriend
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Hope your keeping good Austin...

brs weekly.
uk.advfn.com/p.php?pid=chartscreenshotsh...sZUgGQwjQVObveluV5c=
showing a main trendline failure.


brs daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...q3gw4ZS1wEhg8AAzohU=

shows bearish rsi div. and bearish ema line crossover.

this i think looks bearish....if i really liked these i would be watching 10 bucks level, (with very tight stops) ;) imvho....but wdik...

atb, wdik, dyor
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BRS - Bristow Group 14 Mar 2017 20:12 #2

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Hi All,

Revisiting this again.

This had a really good day at the start of February (after quarterly results) with a 25% upswing, sadly it failed to maintain it and has been in a decline since. Well below all the EMA, RSI in the gutter, but is that a hammer I see?


ScreenShot2017-03-14at20.10.30.png



ScreenShot2017-03-14at20.10.49.png
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BRS - Bristow Group 29 Oct 2016 15:14 #3

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So, after the recent run up to the 200MA, we have had a retreat to usual territory. Trend line is support (just), with the most recent low not far below. I really want this to head north but fundamentals are still not great....quarterly results next week too.
ScreenShot2016-10-29at15.09.31.png


ScreenShot2016-10-29at15.14.19.png
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BRS - Bristow Group 05 Oct 2016 17:46 #4

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Hope you managed to get in.
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BRS - Bristow Group 05 Oct 2016 17:32 #5

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Nice Analysis and chart. You could well be right, this has been bearish long term, but i think it could be looking to turn soon imho... ;)

BRS. weekly.
uk.advfn.com/p.php?pid=chartscreenshotsh...nSYTxTfvhyg5NDX8M%3D

Clear downtrend, from around $80, down to around $10.

BRS daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...3yQsQ2iPxGitzU6+iwE=

The red support line at around $10.80/ $10.5 area, looks to be a basing taking place. Only one break below this down to a low of $9.50, which looks to be a bear trap break.
That drop to $9.50 area was quickly bought into, this could indicate strong support below $10.80.

The basing at $10.80 has been taking place since since Feb, and the longer the period of basing the stronger the bounce up when it eventually happens.

I think this stock should could have bottomed and a bounce to $15 to $18 (200 day ema line) area is possible. this looks to be a buy at that $10.80/$ 11 area.
Cautious buyers would wait for a weekly close above the 50 day ema line.

A move above 12.50 area would be a 1,2, 3 low breakout as well.
Only a close below the August lows would delay the recovery argument imho.

Hope that's helpful all the best.
imho, dyor, wdik
Trendfriend

nice move up here :) ;)
the strength of the move suggests the next target of $18 could also get hit imho.

dyor, wdik
trendfriend.

brs5oct2016.PNG
Last Edit: 05 Oct 2016 17:55 by Trendfriend.
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BRS - Bristow Group 26 Sep 2016 18:42 #6

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looks like a 123 low, but stops should be placed below 10.5.Only thing with this share its been going sideways for a long time so 123 set up is not the best one but id still trade it.
Information Purposes Only, Do Your Own Research
remo
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BRS - Bristow Group 25 Sep 2016 15:14 #7

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Do we have the 1-2-3? I think (chart wise) this could rise, but on fundamentals I remain unconvinced. Opinions welcome.
ScreenShot2016-09-25at15.10.18.png


ScreenShot2016-09-25at15.12.22.png
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BRS - Bristow Group 19 Sep 2016 22:34 #8

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Thanks Trendfriend.

Today saw a +10% intraday move but retreated from both the 12.80 resistance & (down) trend line, closing 6% up and above the 50 day MA. Lets see what happens next???
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BRS - Bristow Group 18 Sep 2016 13:14 #9

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Nice Analysis and chart. You could well be right, this has been bearish long term, but i think it could be looking to turn soon imho... ;)

BRS. weekly.
uk.advfn.com/p.php?pid=chartscreenshotsh...nSYTxTfvhyg5NDX8M%3D

Clear downtrend, from around $80, down to around $10.

BRS daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...3yQsQ2iPxGitzU6+iwE=

The red support line at around $10.80/ $10.5 area, looks to be a basing taking place. Only one break below this down to a low of $9.50, which looks to be a bear trap break.
That drop to $9.50 area was quickly bought into, this could indicate strong support below $10.80.

The basing at $10.80 has been taking place since since Feb, and the longer the period of basing the stronger the bounce up when it eventually happens.

I think this stock should could have bottomed and a bounce to $15 to $18 (200 day ema line) area is possible. this looks to be a buy at that $10.80/$ 11 area.
Cautious buyers would wait for a weekly close above the 50 day ema line.

A move above 12.50 area would be a 1,2, 3 low breakout as well.
Only a close below the August lows would delay the recovery argument imho.

Hope that's helpful all the best.
imho, dyor, wdik
Trendfriend :)
Last Edit: 18 Sep 2016 13:21 by Trendfriend.
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BRS - Bristow Group 16 Sep 2016 14:59 #10

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Ah Trendfriend, put me on the spot why don't you! :dry: :ohmy:

Significant downtrend (business is inextricably linked to oil industry)

Trading in a narrower and narrower range

Is below the 200, 100 and 50 MA, the latter appears as the most resilient resistance

Below the trend line

Low volume

A break above 1180-90 with a retest could see it go higher, although all I see ahead is resistance (and fundamentally I see little reason for this to occur, as per my first point)

But, what I think we see, not drawn on my chart is a consolidation pennant, and I expect a break below....
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BRS - Bristow Group 16 Sep 2016 14:28 #11

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Hi Austin,

I can my view, but why don't you have a go first??

You've quite a lot work on the chart already! ;)

atb,
Trendfriend :)
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BRS - Bristow Group 16 Sep 2016 11:53 #12

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Anyone able to provide guidance on what you think might happen with this one?
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