Lloyds got a distorted figure....pls find the updated...

KAZ..once the price pasts the target, I normally go to lower time frames which is 60min and we see a target there.


It just gave double bottom sell signal but no target yet as of now, may know once it starts retracing.


Nice uptrend...


Cheers
Ram

Hi GGOK

Some issue with my updata, as soon as it gets sorted I will post the charts, I normally looks into lower timeframes, 60m and then 15min to see how far it can go...parallely I look for divergence on RSI/MACD just to confirm they may be reversal.

I will post the other charts tomorrow.
Regards
Ram

Hi Ramu
Just looked at the KAZ scan that you had put up and it seems to have gone past the downside target. When will it generate another downside target? And in your experience of using these sorts of charts, once a Downside target is surpassed, what happens next?

Also would it be possible for you to put up a chart for LLOY and NG- please
Thanks
G

Hi Waverider2

Few more as requested...



Below is one of my Bottom reversal or Continuation Scan Results...

dl.dropbox.com/u/11107241/Updata%20Highl...rsal%20confirmat.htm

Hope these will help.

Cheers
Ram

Hi Waverider2

Please find the P&F Charts

Hi Ramu - hope you are well mate.

I hope its not too much but pls can you provide P&F for PFC (Petrofac) and Glen(Glencore)? If you can throw in a bonus of the P&F for the Oil Equipment services sector, i will be greatful too.

I was scanning through the market and there are very (FTSE 100 cos) that are technically interesting apart from the miners at the moment.

Kaz, AAL all look good but will be nicer for a bit more pull back. The rest have all steam rolled far ahead.

I am preparing my shopping list - and hope they will come good during a pull back:

1. PFC - the oil services sector has been pounded for the last few months and i am just waiting for sentiments to pick up. PFC is ok i guess fundamentally.

2. Glen - potential ascending triangle but its being clouded at the moment by the candles...
3. Kaz - at the moment its for the daring. I am waiting for accumlation signs
4. Fres - waiting for circ £12
5. RBS/lloy - analyst consensus of £3 is very close. but as a scum bag bargain hunter this needs to be 20-30% lower in price - at least thats what my granny used to say when she went senile ...


Any other on the radar stocks that you care to share?

Upcoming Oppurtunites...pls DYOR as per Point and Figure Charts

dl.dropbox.com/u/11107241/Updata%20Autor...es_pf%2009032013.htm

Cheers
Ram