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TOPIC: BskyB

BskyB 10 Jul 2013 23:01 #1

waverider2 OFFLINE Junior Boarder Posts: 252 Thank you received: 200 Karma: 9	watching the hourly charts - it seems to be forming a nice ascending triangle dl.dropboxusercontent.com/u/4385922/bsy1007.png a close above 829 opens up about 25 points IMHO minimum
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BskyB 02 Jul 2013 14:47 #2

remo NOW ONLINE Moderator Posts: 3137 Thank you received: 5606 Karma: 113	This should be a free trade now This is bang on the resistance from the down trend line so profits would be taken from here and the rest to break even. dl.dropboxusercontent.com/u/4899609/bkyb2ndjuly.png
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BskyB 30 Jun 2013 22:21 #3

remo
NOW ONLINE
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Posts: 3137
Thank you received: 5606
Karma: 113

waverider2 wrote:

Remo - is this the hourly chart?
thanks

Hi wave rider....
NO ...That chart was done back in November and its from the daily chart. I just moved your post into this topic. sorry for the confusion.

Ive actually mentioned bskyb in my tips section.
This has a possible 123 low formation. If it can go above and finish above 802 then it should signal the 123 low and move towards the test of the down trend line at 820. For this to go higher it must finish above 820.
My tips section is for short term trading so 820 would be my target initially

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remo

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BskyB 30 Jun 2013 19:38 #4

waverider2 OFFLINE Junior Boarder Posts: 252 Thank you received: 200 Karma: 9	Remo - is this the hourly chart? thanks
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BRITISH SKY 30 Jun 2013 11:43 #5

waverider2 OFFLINE Junior Boarder Posts: 252 Thank you received: 200 Karma: 9	What do you guys think of BSY? I think there was a recent divergence and 800 looks like the current resistance. There is also a range that is playing out. Any views? dl.dropboxusercontent.com/u/4385922/BSY2806.png Cheers
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BskyB 25 Nov 2012 18:00 #6

remo NOW ONLINE Moderator Posts: 3137 Thank you received: 5606 Karma: 113	This ones broken out past major resistance. This should head towards 850ish now. It would be interesting to see what happens Monday morning. DYOR
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