Honing my newfound L2 skills I thought i'd take another look at BAY this morning... why o why they are still moving upwards I can't figure out.....
Normally you would see the smart money coming in now setting a new level of support or resistance for after the results have emerged. I wanted to short these and looking at L2 they are still very much a buy! I'm going to keep watching but maybe these results will shock us all!
On the results front, TEP release first quarter results tomorrow - i am nicely into profit at the moment... about 200 quid up... I'm still targetting 330p for this trade so hopefully another few quid before i cover on this one!
Looking at some new trades in the pipeline, Northern Foods is looking very good and a couple of others on my watchlist... will update further tomorrow around this!
Blog Archive
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2009
(72)
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May
(14)
- Two new buys
- A nice new pharma I discovered - SPH (Sinclair Pha...
- BAY is a lame duck; Intec Telecom looking good
- British Airways to tumble & a medical technology tip
- Bye Bye Medusa
- Colt Telecom flies, TEP a bit boring.
- BA.... what's the story!
- Cutting losses really does save you money
- My trades for Monday
- The Naked Trader Wrap up
- My first milestone... cutting a losing trade!
- Alpesh Patel & Level 2!
- BA - sold at 162p
- Why Selftrade piss me off..
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May
(14)
Tuesday, 19 May 2009
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