Playtech, Legal & General

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Playtech - price did spike on queue but has now settled much lower - down to 4.04 before recovering to 4.13.  Is current buy pressure but if discount those buying both sides more buy pressure.  Quite a spread.

Legal & General - price steady but more sell pressure.

Currently favouring Playtech but will exercise option not to purchase at all.  Buy Playtech. Price moves slowly - easier to read at least.

On further reflection the Stochastic did indicate share becoming over-bought and up pressure for a number of days it was likely to run out of steam and it looks like today is the day - exit this stock without profit?

Sold for just under 4% profit - nice :)  At one stage it looked like I would have to take a small loss with not much movement, then later getting out even but for a period in the last hour the price rallied quickly.

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This page contains a single entry by Stuart published on October 7, 2008 10:02 AM.

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