Published on
June 28, 2011 in
Education and ShareHunter News.
Tags: Bid, CFD, CFDs, FTSE 250, FTSE100, merger, Northumbrian Water, NWG, offer, share tips, sipp, SIPPS, spread betting, takeover.
On Monday morning we sent out a ‘buy’ alert on Northumbrian Water Grp (NWG). Of course we didn’t know that a bid was being mounted but we commented ” …the price has broken above the 376p resistance of the stock’s Jan’08 all-time-high price and so is now in virgin territory and, therefore, likely to move up quickly at first; particularly as the breakout has been achieved on increased volume indicating that there are willing buyers for any increase in supply…” . In other words, our reading of the chart showed that something was likely to happen – here is the chart at the time of our alert -
(click on chart to enlarge)
And here it is a few hours later (after we bought at 388p!!) -
This is just another example of how experienced technical analysis can help to create profitable trading.
Why not subscribe to ShareHunter and join the party?
Published on
March 7, 2011 in
Market Reviews and ShareHunter News.
Tags: Banks, Barclays, CFD, CFDs, FTSE, FTSE 100, FTSE 250, FTSE index, Lloyds, market rally, rally, RBS, Royal Bank of Scotland, share prices, share tips, sipp, SIPPS, stock market, Stock Market indices, stock market recovery, stock prices, UK Banks.
Our latest FTSE Forecast Report, published yesterday, details three strong reasons why the FTSE can be viewed as on a springboard for a significant rise in share prices.
A copy of the Report is available, free, on request to Admin@sharehunter.com
Published on
January 10, 2011 in
Education, Market Reviews and ShareHunter News.
Tags: bank shares, Barclays, Bear market, BP, Bull market, crash, FTSE, FTSE 100, FTSE Sectors, market rally, market trend, RBS, Royal Bank of Scotland, share prices, share tips, sipp, SIPPS, stock market collapse, stock market recovery, trading in stocks, UK Banks.
Following our latest technical analysis of the current stock market trends and looking back over what has been happening in the recent past we have just published our latest ‘FTSE FORECAST’ Report.
In this report we draw attention to the growing potential for a 20% to 25% crash in stock market values perhaps in March or April 2011.
Published on
December 31, 2010 in
Market Reviews and ShareHunter News.
Tags: bank shares, Bear market, FTSE, FTSE 350, FTSE100, isa, market rally, rally, share prices, share tips, sipp, Standard Life, stock market collapse, stock market crash, stock market recovery, trading in stocks, UK Banks.
In our blog dated 12 August 2010, under the same heading, we questioned the motives of Mr. Keith Skeoch – the CEO of Standard Life – when he forecast that the FTSE 100 index would hit the ‘6000 barrier’ by the 31st of December. We wrote then that he attributed no reason why it should and we added that we would congratulate him if it did.
Well, our congratulations to Mr. Skeoch are happily and freely given. Well done, sir, you got it exactly right.
It wasn’t until a few weeks later that we were able to confirm that the technical signals that we could see for the FTSE meant that higher share prices were likely to follow. This enabled us to build a good series of trades in FTSE 350 shares that has resulted in an excellent and profitable end to 2010.
ShareHunter is pleased to announce that our Chief Analyst, Alan Saunders, was ‘runner-up’ for the Best Research Analyst in 2010.
The award is determined by public vote and we would like to thank all of our subscribers who voted for Alan.
He continues to provide weekly experienced insights into the FTSE movements and to analyse where it is likely to go next.
Published on
November 9, 2010 in
Education, Market Reviews and ShareHunter News.
Tags: FTSE, FTSE 100, market rally, market trend, Rolls Royce, rolls royce share price, rolls royce shares, sipp, SIPPS, stock market, stock market recovery.
This morning we alerted our members to the prospect of a recovery rally in the Rolls Royce share price.
We highlighted the unusually large number of different support signals (5 in all) coming together at the 570/580p area and the fact that the share price had started its bounce up from that level. Provided the recovery rally is not just a ‘dead cat’ bounce (and it doesn’t look as though it is) the rally should continue and take the price back up to the recent all-time-high price at 660p and then on up towards a test of the 756p area
Published on
November 8, 2010 in
Education, Market Reviews and ShareHunter News.
Tags: BP, British Petroleum, Bull market, FTSE Sectors, FTSE100, market rally, Oil stocks, recovery stocks, share prices, sipp, SIPPS, stock market, trading in stocks.
BP share price followed our technical analysis ‘rules’ in that its collapse stopped at the support level of 328p being 50% down from the start of the collapse. Here is the chart -
Please click on the chart to enlarge it.
From that support level the price has risen gently within, what we identify as an ‘Accumulation trend’ – but this doesn’t make it a buy; not yet anyway. That is for two reasons -
First, the price is heading up towards what is likely to be a resistance level. This is the 477p which is the 50% retracement level of the extent of the price collapse. Not until the price has succeeded ingetting above this level can it be considered as a good ‘buy’ prospect ( the danger is that the resistance at the 477p area might be strong enough to push the price back down the slope).
Second, we need the price to cahnge its dominant trend from an Accumulation trend to an Uptrend and it will not achieve this until the two moving averages shown on the chart have crossed over. Note how they crossed over after the start of the collapse, that confirmed the swing into a downtrend; well, we now need them to cross back again in order to confirm the swing back into an Uptrend (and they look unlikely to do that anyway before the price gets up to or over the 477p level resistance).
So, in our book, BP is a ‘wait and see’ opportunity yet to materialise.
There are times when we are able to identify target or resistance levels according to the movement of the share price from an important and controlling low or high. Rarely though do we find a stock that is so ‘rhythmic as Gulf Keystone and what a fascinating picture it paints. It makes analysis really quite straight forward -
Click on the chart to enlarge -
Just look how the 64p low, created in July this year has become the controlling factor for each rally that the share has achieved. Last week’s rally saw another 64p added to the price in two days taking it up to the 3 X 64p multiple of 192p.
So, what to now if you are in the happy position of owning this stock? Well, we would suggest putting a profit-protection price with your stockbroker (or onto your trading paltform) of 174p – just to protect your profits from a possible price reversal.
But the stock remains a strong ‘hold’ and there is always the possiblity that the rhythm will continue. If the price moves above the 192p level then it could, once again, put in a fast rally, which could take the price up to the 3.5 X multiple at 224p.
Lucky you if it does!
Whilst there are always different methods and approaches that can be followed (in fact there is a myriad of them ‘out there’), our Money-Management and Stop-loss ‘rules’, as contained within the overall ShareHunter ‘Trader’ Strategy, are based on decades of experience and are known to work well over any reasonable period of time.
We have made some additions to our trading ‘rules’ of late (mainly as a result of members’ questions) and an up to date copy is now available for every member.
Successful trading is as much about Art as it is about Science. Both are required. Bothe are available from the ShareHunter Strategies.
(click on chart to enlarge)
Click on the chart to enlarge.
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