Long GENEL today

Appreciate your honesty Paitech. Here's to better fortune next time around!

C'mon paitech you know the rules of trading!!
Sell and bank profits first, ask questions later
hope in future you put trailing stops to lock in profits on a rise...

Regards,
trendfriend.

Still hllding n feeling really gutted...even at 360p I had huge profit...damn wrong timining.
Thinking same sold bp at 348p n bp flew to 388p lol
....waitinv for next spike

Looking at todays move here....
The last chart showed, while it was looking good above the 20 and 50 day moveing average's it really needed to break the down trendline...otherwise a move to the lows was a real possibility..
Today its gapped down below both the 20 and 50 day
the other point to note is this re-tested the 20 day intra day, just now and moved back lower gain

while this is tempting at these levels, its likely to move lower imho...
i'm waiting to see how it closes...looking for a bounce back above the 20 day at least
this is best left alone atm imho...
uk.advfn.com/p.php?pid=chartscreenshotsh...E%3D&symbol=L%5EGENL

Regards,
Trendfriend.

uk.advfn.com/p.php?pid=chartscreenshotsh...6aG1nvBRAKMAmdAqg%3D

The actual set up here is quite bullish...its above the 20 and 50 day ema. The RSi also looks ok..
However ,this needs to break the resistance trendline to break the down trend....
This would be the best place to go long...or a 1,2, 3 low breakout....

Until then the lows are still possible and the rallies seem to always get sold off...

379p trendline breakout... dropping daily .

Regards,
Trendfriend.

Paitech... its almost impossible to catch the top or the bottom....
Market could potentaily tank a long way from here....

Best put a stop or bank profit imho...