Sirius - SXX

thanks for doing that Paitech.... i was looking for this thread, i couldn't find it...

Anyway, i sold this just before the close today.....for a quick 6% or so profit......

Not normal for me.....but i'm being really selective atm...with what stocks i buy and i'm still reducing my holdings in my sharedealing account....

This time last year i was fully invested and very confident and comfortable....
atm...i'm a tad nervous about the main markets......and only about 30% invested and using rallies to to go more cash......

I think it maybe just me.....and anyway wdik.....but i do think these markets may have one more down leg to go.....anyway don't listen to me wdik.....

sxx -weekly.
uk.advfn.com/p.php?pid=chartscreenshotsh...YLCq+pZP0vh8VOKZfso=

these are the potential levels for sxx....above 29.5/30p opens mid 30's....

bets case long term target 60p....

i will go long again here if we a retest of 25p(200 day ema line feature on the daily chart)
just trading in and out quickly, rather holding long term atm.....

good luck,
atb, wdik, dyor,
trendfriend

TF, hope you dont mind me copying your last post on SXX here? This has a long thread?
I still hold these one, and what price would u get out on these ones? ta G

sxx - daily long term.
uk.advfn.com/p.php?pid=chartscreenshotsh...tVtrD33ygfHSwS1e4%3D

trendline breakout a few days ago here....

sxx daily - close up.
uk.advfn.com/p.php?pid=chartscreenshotsh...UtdKwxbJ5Mhn4nKcd0g=

these charts are from Friday....and this is doing higher highs.....after a long basing at around 22p.....and the break above the 200 day ema line should be the momentum trigger for decent gains imho.....i'm long here form this am...will add if we a retest of the 200 day ema at around 24.90.

stop below 21p for now.
lets see, hope this one goes better than the ukog trade!

atb, wdik, dyor,
trendfriend

www.proactiveinvestors.co.uk/companies/n...ial-deal-186274.html

This doesn't look great here at Sirius imvho.
I didn't buy this breakout, mainly because i had my hands full, but also because i didn't really fancy it tbh...but i was looking to free up some funds and buying a retest of 26p(if it happened).

As it turns out this failed at the 200 day ema line, and closed below all of the support/resistance levels, it managed to get above.

sxx - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...yxMSms0RWCk/eh8l+O4=

This needs to get back above 26p quickly imvho....if it fails, then this has been a bull trap, and the second bull trap with one taking place in Sep, these type of bull traps are synonymous with stocks that have not finished a bear phase/run imvho.....

sxx-weekly
uk.advfn.com/p.php?pid=chartscreenshotsh...iCh6LuS8kjo1qc7ck%3D

The weekly here, and this chart is in hindsight in all honesty, but it shows a perfect trendline failure i didn't think that would happen tbh.....
It also shows this is in a long term triangle, and failure to breakout, means a touch of the support trendline looks likely now imvho.... so sub 20p had become more likely, unless this can get back above 26p and the resistance trendline....

atb, wdik, dyor,
trendfriend

A couple of quick charts.

sxx - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...W3afYS8vA94lhLgzs%3D

first possible signs of a end to the downtrend here, a few closes above teh 20 day ema line, but still below the trendline, the 50 day ema line, the daddy of them all the 200 day ema line.

The rsi looks encouraging, a break above June down trendline, and above the 50/100 positive marker.

Sometimes these moves get exhausted just testing the key level, so until no close above the 50 day line at 26.5p, no longs position imvho.

The weekly shows this falling wedge could just continue untill it goes sub 20p.
uk.advfn.com/p.php?pid=chartscreenshotsh...Cpo7FXHGQnTT3Yk74%3D

atb, wdik, dyor,
trendfriend

sxx daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...pJ2HFcWXXjcfBaaMjMs=

This is having real trouble at the 20 and 200 day ema lines, with both of those features acting like huge walls atm.....

Needs a close above 26.9p now for further upside imho...

lets see, i still think sub 20p possible first....

atb, wdik, dyor
trendfriend