ChartsView Stock Trading Forums UK :: Topic: Reed Elsevier (1/1)

Welcome, Guest

TOPIC: Reed Elsevier

Reed Elsevier 25 Jan 2013 15:23 #1

redchilly OFFLINE Senior Poster Posts: 589 Thank you received: 1107 Karma: 31	Closed @ 692
	dyor redchilly The administrator has disabled public write access. The following user(s) said Thank You: Rossymc

Reed Elsevier 20 Jan 2013 11:02 #2

redchilly
OFFLINE
Senior Poster
Posts: 589
Thank you received: 1107
Karma: 31

I'm well mate thanks hope you and yours are too

Retrace from 662.50 to 625 was about 37 points
It also roughly forms the base of the triangle from which it broke out to the upside

If you add 37 to 663 you will get 700

If you plot fib expansions you will get similar sort of figure

Pls bear in mind that it is only an INITIAL target as I expect FTSE to go around 7000 level so this stock should also go a lot higher
But i will bank some profit at 700 and then let the rest run as a free trade

PS - Sorry for the crude chart mate but i am not near a computer now so have posted whatever i could manage from my ipad

dyor
redchilly

The administrator has disabled public write access.

The following user(s) said Thank You: remo, ftse80, Broad-rock, waverider2

Reed Elsevier 20 Jan 2013 10:37 #3

waverider2 OFFLINE Junior Boarder Posts: 249 Thank you received: 198 Karma: 9	It would have been nice to get in at 550 or so: dl.dropbox.com/u/4385922/reed.png weekly breakout..
	The administrator has disabled public write access.

Reed Elsevier 20 Jan 2013 10:29 #4

waverider2 OFFLINE Junior Boarder Posts: 249 Thank you received: 198 Karma: 9	RedChilly - hope you are well mate. how do you calculate the 700 p target?
	The administrator has disabled public write access. The following user(s) said Thank You: redchilly

Reed Elsevier 20 Jan 2013 09:33 #5

redchilly OFFLINE Senior Poster Posts: 589 Thank you received: 1107 Karma: 31	follow-up chart SL moved to below fridays close Initial target 700
	dyor redchilly The administrator has disabled public write access.

Reed Elsevier 17 Jan 2013 23:42 #6

redchilly OFFLINE Senior Poster Posts: 589 Thank you received: 1107 Karma: 31	nice rise after close above 662.5
	dyor redchilly The administrator has disabled public write access. The following user(s) said Thank You: remo

Reed Elsevier 15 Jan 2013 23:23 #7

redchilly OFFLINE Senior Poster Posts: 589 Thank you received: 1107 Karma: 31	Closed above resistance (662.5) today at 665 initial target 700
	dyor redchilly The administrator has disabled public write access. The following user(s) said Thank You: remo, ftse80