GTP

G'day,
This one is shaping up nicely again, squeezed out of pennant and traded in a channel, now looks to be breaking out of that channel. First hurdle is obviously $2.70, after that i have targets of $2.78, and about $3.05.
Disclosure: bought today @ $2.64

Cheers,
Ian.

Disclaimer: The above mentioned information is my opinion only, and NOT to be taken as advice as i am NOT a licensed advisor. Caveat emptor.

My time frame is "as long as it takes"

out for now... looking for retracement to provide re entry. Perhaps just below $2.70 somehwere, will see how it goes. Hapy to have the profit in the bank at this stage.

Back in @ $2.69

Cheers,
ian.

Disclaimer: The above mentioned information is my opinion only, and NOT to be taken as advice as i am NOT a licensed advisor. Caveat emptor.

Feel free to visit my non profit site where I post some of my ideas on charting, and try to pass on some of what i've learned over the years. www.bartrade.biz

My time frame is "as long as it takes"

outa there for now @ $2.85.. looks to be stalling, remains in "close watch" watchlist for re-entry.

Cheers,
Ian.

Disclaimer: The above mentioned information is my opinion only, and NOT to be taken as advice as i am NOT a licensed advisor. Caveat emptor.

Feel free to visit my non profit site where I post some of my ideas on charting, and try to pass on some of what i've learned over the years. www.bartrade.biz

My time frame is "as long as it takes"

Lookn interesting again.
regards Gazz

Yep Gazz, saw the action on Friday and decided to wait, figured it would retest the break today.
I've just rebought @ $2.88.

Hi All,

Has had a good move today. Just wondering peoples thoughts on is it to late to go long?

Paul.

G'day Paul,
That is a loaded question....it all comes down to your particular trading plan. Do you trade via CFD's? do you trade the mother stock? how large is the parcel you wish to trade? What sort of time frame do you like to trade? How much return would you be happy with.....etc etc etc.
I have my next target in sight @ $3.11ish.... from there i hope it pulls back a bit and provide another entry at around $2.90 or so.... that's not to say i'll be correct though !
Personally, i probably wouldnt enter right now - seeing as how i see possible resistance so close. But having said that... lets map out a hypothetical trade. Buy 10,000 CFD's @ $3.05 - you will need a bit over $4.5k for margin with most providers. sell @ $3.11 will yield you $550 NET profit after comissions, working on .1% which is pretty standard. So, up to you mate....but like i said, that's hypothetical.... it might not even make it to my next target - there's no garauntees in the market.

out @ $3.14....got a few ticks extra ;-)
Waiting for re entry now.

Back in half position today @ $3.05. If this level doesn't hold, i'll grab the other half @ $2.95. Next target $3.40ish . Stop a close below trendline.

Cheers,
ian.

Disclaimer: The above mentioned information is my opinion only, and NOT to be taken as advice as i am NOT a licensed advisor. Caveat emptor.

Feel free to visit my non profit site where I post some of my ideas on charting, and try to pass on some of what i've learned over the years. www.bartrade.biz

My time frame is "as long as it takes"

Picked up the other half position in the closing Auction yesterday. So average price $3.005.
Target as mentioned above - hopefully up around $3.40.

Hi All,

Have been still watching this one and noticed that in the market depth there is a lot of buyers around the 2.95 level. Is this a pointer to a good support level and possible long entry? I struggle to learn about the market depth screen and what it can tell you. Ta.

Paul.

Hi All,

I think this stock could be getting ready for a run higher. Sill above the 34 day weighted moving average and will most likely have good support at around the $3.00 mark. Not exactly sure on what to make of the macd but? As a learner would appreciate any feedback. Ta.

Lookin short now.

Disclaimer: The above mentioned information is my opinion only, and NOT to be taken as advice as i am NOT a licensed advisor. Caveat emptor.

Feel free to visit my non profit site where I post some of my ideas on charting, and try to pass on some of what i've learned over the years. www.bartrade.biz

My time frame is "as long as it takes"

Nothing like short and sweet.... entrered as i posted @ $2.96, imediately placed buy back in @ $2.86 first target....filled already. gotta love this game !

Got short again 2 days after last post @ $2.92, closed out today @ $2.79 as i have a support level @ $2.78. I think it'll bounce up to around the pink line for a retest - at which point i'd like to get short again. Then again, it might just keep taking out levels of support, but i'll stick to my plan for now.
Cheers,
Ian.

Left a bit extra on the table - but ya cant get em all right

Look at the hammer on wednesday, usually a very strong buy signal, but the fact that there was no follow through the next day indicated no strength at all. This morning price gapped up and was imediately met with selling, that was my trigger to get set again. So i''m now short again from $2.86, stop todays high but believe Pink line will provide another short entry if stop is triggered.

Peter & Ian Barnes 12/10/2006 10:56:20 AM gtp.gif Edit Post	G'day, This one is shaping up nicely again, squeezed out of pennant and traded in a channel, now looks to be breaking out of that channel. First hurdle is obviously $2.70, after that i have targets of $2.78, and about $3.05. Disclosure: bought today @ $2.64 Cheers, Ian. Disclaimer: The above mentioned information is my opinion only, and NOT* to be taken as advice as i am NOT a licensed advisor. Caveat emptor.* My time frame is "as long as it takes"

Peter & Ian Barnes 17/10/2006 10:37:58 AM Edit Post	out for now... looking for retracement to provide re entry. Perhaps just below $2.70 somehwere, will see how it goes. Hapy to have the profit in the bank at this stage. Cheers, Ian. Disclaimer: The above mentioned information is my opinion only, and NOT* to be taken as advice as i am NOT a licensed advisor. Caveat emptor.* My time frame is "as long as it takes"

Peter & Ian Barnes 26/10/2006 4:03:34 PM gtp.gif Edit Post	Back in @ $2.69 Cheers, ian. Disclaimer: The above mentioned information is my opinion only, and NOT* to be taken as advice as i am NOT a licensed advisor. Caveat emptor.* Feel free to visit my non profit site where I post some of my ideas on charting, and try to pass on some of what i've learned over the years. www.bartrade.biz My time frame is "as long as it takes"

Peter & Ian Barnes 6/11/2006 3:17:08 PM gtp.gif Edit Post	outa there for now @ $2.85.. looks to be stalling, remains in "close watch" watchlist for re-entry. Cheers, Ian. Disclaimer: The above mentioned information is my opinion only, and NOT* to be taken as advice as i am NOT a licensed advisor. Caveat emptor.* Feel free to visit my non profit site where I post some of my ideas on charting, and try to pass on some of what i've learned over the years. www.bartrade.biz My time frame is "as long as it takes"

Gary Fredericks 10/11/2006 5:32:16 PM	Lookn interesting again. regards Gazz

Peter & Ian Barnes 13/11/2006 2:32:41 PM gtp.gif Edit Post	Yep Gazz, saw the action on Friday and decided to wait, figured it would retest the break today. I've just rebought @ $2.88. Cheers, Ian. Disclaimer: The above mentioned information is my opinion only, and NOT* to be taken as advice as i am NOT a licensed advisor. Caveat emptor.* Feel free to visit my non profit site where I post some of my ideas on charting, and try to pass on some of what i've learned over the years. www.bartrade.biz My time frame is "as long as it takes"

Nielsons Services 14/11/2006 10:54:27 AM	Hi All, Has had a good move today. Just wondering peoples thoughts on is it to late to go long? Paul.

Peter & Ian Barnes 14/11/2006 7:31:50 PM gtp.gif Edit Post	G'day Paul, That is a loaded question....it all comes down to your particular trading plan. Do you trade via CFD's? do you trade the mother stock? how large is the parcel you wish to trade? What sort of time frame do you like to trade? How much return would you be happy with.....etc etc etc. I have my next target in sight @ $3.11ish.... from there i hope it pulls back a bit and provide another entry at around $2.90 or so.... that's not to say i'll be correct though ! Personally, i probably wouldnt enter right now - seeing as how i see possible resistance so close. But having said that... lets map out a hypothetical trade. Buy 10,000 CFD's @ $3.05 - you will need a bit over $4.5k for margin with most providers. sell @ $3.11 will yield you $550 NET profit after comissions, working on .1% which is pretty standard. So, up to you mate....but like i said, that's hypothetical.... it might not even make it to my next target - there's no garauntees in the market. Cheers, Ian. Disclaimer: The above mentioned information is my opinion only, and NOT* to be taken as advice as i am NOT a licensed advisor. Caveat emptor.* Feel free to visit my non profit site where I post some of my ideas on charting, and try to pass on some of what i've learned over the years. www.bartrade.biz My time frame is "as long as it takes"

out @ $3.14....got a few ticks extra ;-) Waiting for re entry now. Cheers, Ian. Disclaimer: The above mentioned information is my opinion only, and NOT* to be taken as advice as i am NOT a licensed advisor. Caveat emptor.* Feel free to visit my non profit site where I post some of my ideas on charting, and try to pass on some of what i've learned over the years. www.bartrade.biz My time frame is "as long as it takes"

Peter & Ian Barnes 20/11/2006 2:37:23 PM gtp.gif Edit Post	Back in half position today @ $3.05. If this level doesn't hold, i'll grab the other half @ $2.95. Next target $3.40ish . Stop a close below trendline. Cheers, ian. Disclaimer: The above mentioned information is my opinion only, and NOT* to be taken as advice as i am NOT a licensed advisor. Caveat emptor.* Feel free to visit my non profit site where I post some of my ideas on charting, and try to pass on some of what i've learned over the years. www.bartrade.biz My time frame is "as long as it takes"

Peter & Ian Barnes 21/11/2006 3:48:21 PM gtp.gif Edit Post	Picked up the other half position in the closing Auction yesterday. So average price $3.005. Target as mentioned above - hopefully up around $3.40. Cheers, Ian. Disclaimer: The above mentioned information is my opinion only, and NOT* to be taken as advice as i am NOT a licensed advisor. Caveat emptor.* Feel free to visit my non profit site where I post some of my ideas on charting, and try to pass on some of what i've learned over the years. www.bartrade.biz My time frame is "as long as it takes"

Nielsons Services 29/11/2006 10:47:39 AM	Hi All, Have been still watching this one and noticed that in the market depth there is a lot of buyers around the 2.95 level. Is this a pointer to a good support level and possible long entry? I struggle to learn about the market depth screen and what it can tell you. Ta. Paul.

Nielsons Services 1/12/2006 1:33:30 PM GTP 01-12-06.gif	Hi All, I think this stock could be getting ready for a run higher. Sill above the 34 day weighted moving average and will most likely have good support at around the $3.00 mark. Not exactly sure on what to make of the macd but? As a learner would appreciate any feedback. Ta.

Peter & Ian Barnes 6/12/2006 11:15:57 AM gtp.gif Edit Post	Lookin short now. Disclaimer: The above mentioned information is my opinion only, and NOT* to be taken as advice as i am NOT a licensed advisor. Caveat emptor.* Feel free to visit my non profit site where I post some of my ideas on charting, and try to pass on some of what i've learned over the years. www.bartrade.biz My time frame is "as long as it takes"

Peter & Ian Barnes 6/12/2006 12:34:44 PM gtp.gif Edit Post	Nothing like short and sweet.... entrered as i posted @ $2.96, imediately placed buy back in @ $2.86 first target....filled already. gotta love this game ! Disclaimer: The above mentioned information is my opinion only, and NOT* to be taken as advice as i am NOT a licensed advisor. Caveat emptor.* Feel free to visit my non profit site where I post some of my ideas on charting, and try to pass on some of what i've learned over the years. www.bartrade.biz My time frame is "as long as it takes"

Peter & Ian Barnes 12/12/2006 12:00:15 PM gtp.gif Edit Post	Got short again 2 days after last post @ $2.92, closed out today @ $2.79 as i have a support level @ $2.78. I think it'll bounce up to around the pink line for a retest - at which point i'd like to get short again. Then again, it might just keep taking out levels of support, but i'll stick to my plan for now. Cheers, Ian. Disclaimer: The above mentioned information is my opinion only, and NOT* to be taken as advice as i am NOT a licensed advisor. Caveat emptor.* Feel free to visit my non profit site where I post some of my ideas on charting, and try to pass on some of what i've learned over the years. www.bartrade.biz My time frame is "as long as it takes"

Peter & Ian Barnes 15/12/2006 12:42:19 PM gtp.gif Edit Post	Left a bit extra on the table - but ya cant get em all right Look at the hammer on wednesday, usually a very strong buy signal, but the fact that there was no follow through the next day indicated no strength at all. This morning price gapped up and was imediately met with selling, that was my trigger to get set again. So i''m now short again from $2.86, stop todays high but believe Pink line will provide another short entry if stop is triggered. Disclaimer: The above mentioned information is my opinion only, and NOT* to be taken as advice as i am NOT a licensed advisor. Caveat emptor.* Feel free to visit my non profit site where I post some of my ideas on charting, and try to pass on some of what i've learned over the years. www.bartrade.biz My time frame is "as long as it takes"