SLE

Ok this is starting to move up with volume.

I hold 3 small positions thanks to tradesmarter.

I did not have the best entry point but am happy that they have all moved into profit.

9.25? For San Leon?

Still looks cheap.

dl.dropbox.com/u/4899609/slenoct29th.png





I would wait for a clearer signal as its broken most of its supports on the way down.
Where this bounced today is not a major support level and it actually finished testing a break out point.
This basically needs a higher high to form before you can start to feel comfortable . Or possibly a 123 low of soughts.
Once a share goes past the 61.8 fib its signalling a full correction to the 100%fib area.
SO the ideal area to go long on this is 6.75 area. There is a major support before this level at 7.5
This actually looks like its in a big trading range from 7.5 - 13.5

So bottom line is wait for the 123 low to form or wait for the major support level ...

elena...with regards to metastock being confusin....At first i thought the upgrade was bad but now i see the benifits. Its actually awesome for the ability to have access to every share on the planet under one roof.And the scans are done real time really quickly. Now im lovig it. Its amazeing how 1 week could make a difference.
remo

Different tickers?

IG Markets appear to use different tickers to IG Index.

Looks like Meta Stock is too confusin.

Let us know your view remo.

It may be just too early to call.

I thought as much ...
On metastock 12 they changed all there tickers to be the same as reuters.
so its now SLEN.L strange. You would have thought every where would have the same tickers.
remo

SLE is the ticker remo! It's called San Leon Energy.

sle san leon