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Posts Tagged ‘trend spotting’

HPL makes new high after base-building; throwback tests resistance

This article was first posted on SharesInvestment on 12 July 2010. Hotel Properties Ltd has emerged from a 10-month long consolidation. Price made a new 52-week high last month and is considered a bullish development especially since it is above all of its moving averages. The chart

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Weakness In Genting; Trendline Must Hold

First published on SharesInvestment website on Monday 15 March 2010. Articles contributed to ‘Trend Spotting’ will be published here 1-2 days later. — The daily and weekly charts of Genting show several weaknesses: Price has fallen below all its key moving averages (20-, 50-, 100- and 200-day

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