RRS ?

Yep F4T, could well happen. I will add more if it goes to those levels.
Fill your boots time if it hits 3885p, imho.

Regards,
Trendfriend.

This is not looking good. Gapped down today and RSI backtested support (now resistance).

First support is at 4035, then stronger support at 3885.

uk.advfn.com/p.php?pid=chartscreenshotsh...y0%3D&symbol=A%5EAPT

GL
F4T

uk.advfn.com/p.php?pid=chartscreenshotsh...HnzQ=&symbol=L%5ERRS

Long @ 4300p.
The RSI is badly oversold, i think support at 4300p to hold.

Regards,
trendfriend.

uk.advfn.com/p.php?pid=chartscreenshotsh...qA%3D&symbol=L%5ERRS

Anyone else see this as below??

Retrace to 4300p,
Bounce @ 4300p to 4750p (ish) to complete a Head & Shoulder pattern.
Before falling again to around 3500p lows.

Just thinking ATM, worth a long @ 4300p??

Regards,
trendfriend

This is below its 200 ma so not bullish. This is still in its down trend and the only time that can change is if this can breakout of the down trend line thats currently at around 4678. The rsi is also bearish and does not indicate any strength.
There is no buy signals on this share and if any thing id say it could possibly head towards the recent low at 3600.
So for change of view this has to finish above the 200 ma first, then has to breakout above the down trend line.
Hope this helps


This is a close up view



dl.dropboxusercontent.com/u/4899609/rrscloseup29thmay2014.png


Zommed out view


dl.dropboxusercontent.com/u/4899609/29thmayfarviewrrs.png

waser wrote: i've held some RRS for a while in the hope that it would be a "steady safe bet" to have alongside some of my more riskier shares.
i'm thinking of bailing on it and switching to something else that will do a bit better but not sure if it's a good time to get out ?
i've used my limited charting skills but wondered if anyone could help with any advice be it fundametalist or charting ?

thanks in advance

Waser (not sure if i'm a charting fundamentalist or a fundamentalist chartist)

i've held some RRS for a while in the hope that it would be a "steady safe bet" to have alongside some of my more riskier shares.
i'm thinking of bailing on it and switching to something else that will do a bit better but not sure if it's a good time to get out ?
i've used my limited charting skills but wondered if anyone could help with any advice be it fundametalist or charting ?

thanks in advance

Waser (not sure if i'm a charting fundamentalist or a fundamentalist chartist)