DCD Media - Is this a buy opportunity?

For those that feel they missed the boat with DCD, due to the large rise recently, you may wish to take another look at the possible buy opportunity (see graph below)...

What DCD is displaying, is a classic flag, which in technical analysis is a continuation pattern. You might like to think of it pausing for breath!

Please DYOR and in particular, check out the recent newsflow - IMO, the fundamentals and TA are both in favour of continued growth in the shareprice, as DCD gets a positive re-rating.

Mick.

DIY-Investors meetup - February 28th

Want to find out more about "3 Easy Ways to Pick Winning Shares"?

DIY-Investors are hosting a Meetup Group on Tuesday 28th February 2012 at 7pm in Dorking, Surrey. For full details, check out the video here.

We look forward to seeing you there!

Mick.

Kenmare Resources (KMR) - Golden Cross + Volume

I've been following Kenmare Resources (SP=51.5p at close on 09/02/2012) for a while and noticed today that it looks as if we have a 'Golden Cross' forming, reinforced by strong volume. See Sharescope graphs below...

The situation is a bit clearer if we take a closer look at what's been happening since the last breakout...

Recent news about the increasing chinese demand (and price) for ilmenite and rutile can only be good for Kenmare (as well as for Sierra Rutile [SRX]).

Overall, the technicals look good (Rising OBV, Golden Cross + volume & ADX), as do the growth prospects. My only concern is that I would like to be seeing a slightly more modest PSR. However, the next set of results could well show a significant growth in turnover, as a result of the combined increased output and increased price. This could reduce the PSR significantly.

Let me know what you think...