First of all - HNY to all here. I hope everyone's well and eager as always
Anyway, looking at the markets over the last few weeks - it seems to have gone wild. So, i have a funny feeling about Friday's sudden spike. I would not generally buy in that sort of move. However, here are some stocks that I am watching and as usual please dont hesitate to provide your feedback.
Also, I see the banking sector consolidating at the moment, building stocks breaking out, Insurance companies very bullish, and the drinks very interesting. Tobacco seems badly beaten up. I am still very cautious so here are some that I am looking at:
Standard Chartered:
This is currently looking like a double bottom and a potential macd divergence.
dl.dropboxusercontent.com/u/4385922/standard%20chartered.png
Old Mutual - I dont know what it is but looks bullish
dl.dropboxusercontent.com/u/4385922/OML.png
Imperial Tobacco
dl.dropboxusercontent.com/u/4385922/imt.png
Persimon
Weekly charts - this seems to have broken out of a long term range
dl.dropboxusercontent.com/u/4385922/persimmon.png
Thanks