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TOPIC: United Utilities

United Utilities 16 Jan 2014 09:17 #1

  • ronnie
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This gapped above the trend-line today, possible trend change?? Looks like a move back to the highs is possible if it finishes above trend-line. This is from the share tips had a 123 low breakout recently.


dl.dropboxusercontent.com/u/4899609/UU160114.png
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United Utilities 05 Mar 2013 15:37 #2

  • redchilly
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Possible inside bar today
I have moved stop to below the low of yesterdays low....its above breakeven and i've locked some profit
United_2013-03-05.jpg
dyor
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United Utilities 20 Feb 2013 17:34 #3

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I have a different view I don't think we are near a potential top....not that would start a downtrend anyway...I do expect a healthy correction and expect the Bull run to continue...I am taking cautious long positions only... I like riding a bull instead of trying to tame it :)
3 of my positions tullow oil, afren and dominos are already risk free and in profit...only united utilities is just above breakeven and thats because i took the trade today afternoon....and yeah i am a short term trader...i hold for a few days to maximum two weeks!
dyor
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United Utilities 20 Feb 2013 17:18 #4

  • remo
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Hi redchilly
When the index is near a potential top it's more risker for a long term based trader to take new longs. Best time to take longs are after a bear market or near to an end to a bear market.
Obviously that's for a long term trader .
Short term is a different story all together. I always look to add during retracing as long as the main trend lines don't get broken.
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United Utilities 20 Feb 2013 15:31 #5

  • redchilly
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apologies remo that didn't come across right

we are here to learn so feel free to criticize
dyor
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United Utilities 20 Feb 2013 15:15 #6

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Long @ 733.3 with a SL of 20 points
United.jpg


Ftse has been making HH and HL so I have been taking a few long positions with tight stops

Current Longs :
Tullow Oil
Dominos Pizza
United Utilities
Afren

Will keep updating with follow-up charts as we go along! :)

Pls feel free to criticize my posts/charts as that's why we are here for :)
dyor
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