Well I think the keltner channels give it some more perspective. I've set them at 3 x average true range and made a longer term chart. I think it shows that we're at a key resistance, but if it breaks through then 8200 is the next level.
Here's an example of one of my charts. I basically use support and resistance determined by me and highlighted on the chart at the end of each day for the next day. For the S&R I use historic levels (daily, weekly, intraday) as well as Fib levels.
I also have some EMA's (50,100,200) and middle Bollinger. Plus, I have a couple of custom indicators to guage trend strength and direction as well as one component from Ichimoku charting (the cloud).
I also periodically try to trim the use of indicators as I can overindulge!!
BG Group had good results today and is moving along nicely, currently +3.28%, and the squeeze play in Talvivaara Mining popped up today with a nice move to the 2ATR level on increasing volume and closed just below it. So that's currently at +1.86%.
Barclays (BARC.L) has caught my eye from the group thread I'm doing and I might put a trade on that this week or next if it stays above the downtrend line on the weekly chart. Attached is the charts. Also Lloyds Banking Group (LLOY.L) is a possible value play for a long term buy I think as the sellers are looking like they're getting to the exhaustion point as the last two lows were very week on force index volume. So I'm going to do a bit of research into that as well.
TALV.L is moving along nicely again today. There was 3 big volume orders at around midday today at the 618 level which was vastly bigger than recent volume levels, so I think this one will have the strength to at least test the previous high and a possible breakout with any luck. It will be interesting to see the earnings next Wednesday as this could turn into a longer term holding for me if they are good.
No, I'm looking for them manually at the moment, but limiting myself to the FTSE 350, so it doesn't take forever. My main interest at the moment is stocks that have made a recent breakout on the weekly chart and then looking at daily timeframe on the ones that look interesting to see if any have divergences with the indicators I use.
I'm experimenting with a few strategies for finding good short term stop picks. The following stocks from the FTSE 350 look promising at the moment to me, so I'll add them to my short term watchlist. They are: