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TOPIC: XEL - P&F Target 70%

XEL - P&F Target 70% 16 Jan 2013 13:04 #1

ramu2211 OFFLINE Fresh Boarder Posts: 44 Thank you received: 61 Karma: 3	Totally Agree with you jackozy, we should only buy once the double top breakout occurs...I should not advise but I buy at the retracement after the primary target is given, to get an idel entry but with higher low strategy... I too entered at 97 but 95 was my ideal entry...no patience.... Cheers Ram
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XEL - P&F Target 70% 16 Jan 2013 12:28 #2

Jackozy
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Ramu, just one other thing: I note that many of these P&F targets you're posting are not actually active yet and require 123-low breakouts to become so.

In that respect I'd suggest caution as to their reliability.

I'm not saying the won't happen, but according to P&F charting, there needs to be a breakout for the targets to be valid and even then they ought to be in the direction of the primary trend on the chart.

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XEL - P&F Target 70% 16 Jan 2013 12:21 #3

Jackozy
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Re XEL, for me 166p seems a tad too far for the next move up (assuming it happens) but not far away.

I have an EWT analysis which gives a target of 136p if it bounces off the 61.8% Fib at 94p and that's close to the horizontal resistance at 139p. A wave 4 retrace from there would see c. 120p with the 5th wave target at 147p, just near the next horizontal resistance at 149p.

An inverse H&S target would add 27p to the 110p breakout also tying in with the wave 3 target mentioned above.

I have an order to go long at 94p.

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XEL - P&F Target 70% 16 Jan 2013 11:29 #4

ramu2211
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Here you go richard...

SXX
Daily
dl.dropbox.com/u/11107241/SIRIUS%20MINER...LC%20ORD%200.25P.gif
60Min..may retrace upto 24.5
dl.dropbox.com/u/11107241/SIRIUS%20MINER...%200.25P%2060Min.gif

LLOY
dl.dropbox.com/u/11107241/LLOYDS%20BANKI...0PLC%20ORD%2010P.gif

AFR...have a nice traget but retracing as of now...I doubt if it can go below 133 where it has strong trend line..the thick one.
Daily
dl.dropbox.com/u/11107241/AFREN%20PLC%20ORD%201P.gif
60Min
dl.dropbox.com/u/11107241/AFREN%20PLC%20ORD%201P%2060Min.gif

if you need any urgent..you can mail me...just incase if I miss it here...

Cheers
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XEL - P&F Target 70% 16 Jan 2013 11:12 #5

SirRichardBunson OFFLINE Junior Boarder Posts: 131 Thank you received: 126 Karma: 5	Ramu, Nice to see you on the boards, any chance of a P&F for lloy,afr and sxx when you get 5 mins Thanks in advance SRB
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XEL - P&F Target 70% 16 Jan 2013 10:48 #6

ramu2211
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dl.dropbox.com/u/11107241/XCITE%20ENERGY...0NPV%20%27CDI%27.gif

Upside momentum...with 70% upside right now it is retracing, i cant see it going below 94/95...

Similar to the above...GKP, got a target of 228 when it was 182...todays high is same as target....Mission Accomplished....

dl.dropbox.com/u/11107241/GULF%20KEYSTON...D0.01%20%27DI%27.gif

P&F....I see P is nothing but Patience and F means....Just get on over it....You will enjoy the ride...Slow and Steady...