OT picks Thurs 17/1

titus-uk

1
291 5
Right......
Still trying to learn how to choose the gold from the dross. I am deliberately avoiding techs as they are Naz, rather than TA driven. The one I will go with yonight is:
BAA. Strength 97
Reasons given for trigger:
Boll band crossover
Stoch peak
Williams R% peak
Stoch divergance
ROC crossover
Trix momentum peak

Additionally - sitting at the short term resistance level, and coming off it today. Chaiken gave reinforced buy. VAPD also shows a buy. RSI may trigger a buy soon. However, whilst this will rise, history suggests that 5-10% is the most likely - not more.
Not exciting, but I hope, a little predictable!!
Mark
 

Cigar

Well-known member
292 13
An amateurs view

Could be long term resistance at 614p
Price.. closed near the hi of the day
Basic candlesticks.. tweezer bottom at 574 for the last 2 days. Today formed Engulfing Bullish pattern...good
Price trendline.. broke down thro it recently, so will now form resistance.. at~600
Moneyflow.. has been trending down since early Dec. Value getting close to t/l.
5/15d ma.. 5d a long way from 15d., still heading down. Both heading down.
Stochs (21d) value=24, up from 5. Broke thro longer term trend a few days ago. Now turning back up to t/l. Maybe resistance?
Bollingers (20/2) approaching bottom band
OBV.. been (slightly) trending down since Oct

Last break down thro a trend, (trend from Ap>Sept) took 14 days to turn around. This broke the trend 5 days ago. This is a bit subjective.