SOLG solomon gold

Trendfriend, you still trading I see.

I was starting to get back into it a little, not had much success yet though.

Since you appear to be the only person commenting, I wonder if I could ask your advise.

I was looking to start a regular pension contribution, say FTSE tracker, are you expecting a FTSE dip or gradual climb in 2018?

I have read reports that a dip is coming, A-B-C wave since 2009, which would imply quite a drop.

If so, it may be better to wait and drip feed once the FTSE is lower.

Anybody, please feel free to comment.

Hi Paitech,

solg - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...Vk/kdN+CtyO73gIAkGE=

the daily shows the bearish rsi div....and hence top foramtion....and the new bearish trend channel....

solg - weekly.
uk.advfn.com/p.php?pid=chartscreenshotsh...KoFsTBXRiWpTFG41jrU=

the weekly shows the trend channel bottom support around 19p, and the 200 day ema line feature on the weekly also at that level....

So some kind of bounce highly likely at around 19p area.....but it could well only be a bear market p/b from oversold levels....so stops are a must...

A weekly close on a end of week closing basis back below 19p could well see a further sell off here.....down as low as sub 10p, which is where the next major support is atm.....

i think i may have a go with some here if we see 19p as well...
atb, wdik, dyor,
trendfriend

TF,
GM
Looks like it's broken below 26p now?
I have been keen to buy this
Ta
G

solg - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...sHl+c1GoPM+B4Q1SJ4o=

looking at this again.

Something about this 25/26p level which is significant here, and buyers are coming in for the stock....

I think that may well mean this could be the lows for this stock at around 25p area....

So i'm looking for a rsi breakout for a possible sign of upturn....

Cautious buyers may want to wait for a close above 32p 200 day ema line, or a 1,2,3 low at 37p....

stops below 25p...

atb, wdik, dyor,
trendfriend

solg = daily
uk.advfn.com/p.php?pid=chartscreenshotsh...kuPxwJMeH2EdAGqZZ/s=

This is in a falling trend channel, and could well bounce around it, and the rallies could be quite substantial as we have seen.
It did have a positive rsi divergence, but that cannot be used in isolation, and that left a rally as a possibility......but the overall chart is bearish.....

The overall trend imvho is bearish, and a close up here shows this failed to close above the key 200 day ema line despite the strong rally, and both of the candles look like exhaustion candles....

uk.advfn.com/p.php?pid=chartscreenshotsh...c0I7NWPL1JXOvtBu7a4=

this should by all intents and purposes continue lower imvho.....

atb, wdik, dyor,
trendfriend

Feeling so so gutted...
Up 36% today!!! To 36p