ITV, Wincanton, WH Smith, Afren

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ITV - still trading above level required - buy pressure in queue which means price may not drop back to 36.  Monitor.

Wincanton - percentage requirement reached in early morning trade - gapped up - now trading in low 200's having reached 214!  Buy and sell now even in queue - do not buy but monitor.

WH Smith - another share that has gapped - so as with Wincanton my stock-pick was correct but closed market-practice has conspired to keep me out.  Now trading in 350's having reached 360's.  Again monitor but only buy up to 3.42.  Pricing dropping back but unlikely to be reached.

Even ITV gapped up - I need to explore this further as this is causing my predictions to fail because I am not able to take advantage of the predicted rises.

Next batch of picks to include some more over-sold ones - have a mixture has suspicion those on way up stochastic are more likely to become gapped.

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This page contains a single entry by Stuart published on October 13, 2008 11:33 AM.

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