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     new2waix
Member
Username: new2waix
Post Number: 576
Registered: 10-2003Rating: 
Votes: 2
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| | Monday, March 08, 2004 - 02:39 pm: |  
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I know this is probably the wrong website to post funnymental information, but I just stumbled across some really useful FA sites that I am sure one or two may appreciate.
Share Guru - TA & FA discussions
http://www.sharesguru.com/
The Australian Stock Market Scanner - 5 Stars!!!! Great source of financial data
http://www.australian-economy.com/
The Warren Buffett Business Factors - Useful reference site
http://www.frips.com/wbbf.htm
TNO Research Channel - Important Dates, plus Stock Doctor info
http://www.tradersnetwork.org/research_channel/fr_main.htm
http://www.tradersnetwork.org/
Many more can be found if you spend some time on link number one and four. The second link is brilliant.
Enjoy.
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shelton
Member
Username: shelton
Post Number: 24
Registered: 08-2005Rating: N/A
Votes: 0
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| | Tuesday, August 09, 2005 - 02:14 pm: |
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wow wonderful post - thanks new2waix
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dug
Member
Username: dug
Post Number: 105
Registered: 07-2005Rating: 
Votes: 2
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| | Tuesday, August 09, 2005 - 08:05 pm: |
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Hi shelton,
I did a HSP chart for you just so I could practise.
I'm trying to use charts to give me some idea of what could happen in the coming few days/a week.
It's basically to get straight lines down on what is the unknowable and draw some possible conclusions.
The Chart.
Some Conclusions.
The Long term uptrend and past price channel with Support at $4.80.
From the long uptend it can be found that THIS trend remains intact even IF price in the next week went back to $4.90 ish.[About where you bought,shelton.I doubt you'd still hold by the time it went back there?]
That middle vertical is the short term trend.It's lying on a approx 5.05 line for the next 2/3 days.
Today price closed at $5.30.That's Good.It's hugging but not breaching that upper vertical.That line for next 2/3 days lies up to 5.45.
Momentum for some reason may rise and this upper level continued to be 'hugged',however I believe [but could be wrong]that the middle vertical is a track to any 'indicator' such as MACD.In the next few days this share may bounce down to 5.10ish and still go on and up.
Anyhow,free advice,shelton,and you've heard 'proper' reaction to that,right?
Happy Trading.
Dig for it.
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shelton
Member
Username: shelton
Post Number: 25
Registered: 08-2005Rating: N/A
Votes: 0
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| | Tuesday, August 09, 2005 - 08:17 pm: |
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Hi Dug
Thank you for your technical analysis - your right, I will be out before the price hits $4.90 - it will hit by stop loss - I was thinking whether HSP will go any further from a fundamental point of view - but I have concluded that there is little more steam in this one - although I think It will retract for the next few days (hopefully not too much)
Thanks again,
Shelton.
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longshanks
Member
Username: longshanks
Post Number: 150
Registered: 11-2004Rating: N/A
Votes: 0
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| | Wednesday, August 10, 2005 - 12:54 pm: |
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new2waix
Many thanks for the links. The Westpac Australian Weekly Economic Report [http://www.westpac.com.au/internet/publish.nsf/Content/WINU+Australian+Economic+ Reports] (via The Australian Stock Market Scanner)looks excellent!
Cheers
ls
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dug
Member
Username: dug
Post Number: 198
Registered: 07-2005Rating: N/A
Votes: 0
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| | Friday, August 26, 2005 - 03:05 pm: |
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How's it goin' Shelton?
I've your share HSP in a watchlist and thought I'd give you an update.The only price you'll pay is putting up with one of my raves,Ok?
Now this is as of yesterday[The price I pay for bein' a 'cheapskate']Anyhow,You'll see it's based on the one above with
an extra upper vertical;
a possible future support zone;
the LONG Term trend that'd would be ,well you'd be out if it went back to THAT,Again.Please note that your posts about the fall on the Announcement?that it was the point it went down to.
Also there's a 18day MA in there squiggling about.One of the better or at least respected Forum Traders uses that so I thought I'd toss it in for ya Free of Charge.
You can manage trades,use as an Exit Signal things like closing under a MA.
Anyway when I look at HSP,I see the ATR is swinging a bit wide.[big diff between the Low and High]Wouldn't be too surprised if it went back to hit that Support.
Read in the Fin Rev that Health Stocks are classified in the Defensive area,and de fence is up and coming at the Market BUT that may mean it going back to the LONG Term TREND,and well,it'll be up to you then to make a Decision.
Happy Trading.
Dig for it.
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shelton
Member
Username: shelton
Post Number: 39
Registered: 08-2005Rating: N/A
Votes: 0
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| | Tuesday, August 30, 2005 - 05:31 pm: |
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Hi Dug
I have sold HSP as my stop loss trigger was met. Even though It was met I felt there was still some left in it and hence it has continued to power on. I sold as an act of discipline.
So now I am trading very long term as thats is what I believe maximises my profit. My goals now are to pick quality stocks and hold on to them for a long term eg 6 to 12 months.
Regards
Shelton.
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dug
Member
Username: dug
Post Number: 212
Registered: 07-2005Rating: N/A
Votes: 0
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| | Tuesday, August 30, 2005 - 06:47 pm: |
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That's a pity,shelton.Some could say,you maintained too tight a Stop Loss especially as the price you bought at hadn't been very much exceeded.
Personally I set stop loss to do just that,not lose money but once the share is away,I'm break even with brokerage that's all I move it to as a 'trailer' until at least it's double figure percent in the kick[ie 10%+],at that stage I may move to a support level,maybe one Support,better two levels away.If I'm 20%+ in the money,I might get 'twitchy',tight fisted then,depends on what's happening blah blah blah.
Anyway,Shelton,I think it's in Systems a thread about the meaning of 2% Stop Loss,have you read it?
Post when you find a good share again,Shelton.There's plenty of people willing to at least give you a practical chart and their ideas on your pick here.Just remember what's said about free advice,ok?
seeya round like a record,Shelt.
ps-records are old fashioned cd like music thingos!
Dig for it.
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