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A CHARTISTS PRICE GUIDE FOR NON-CHARTISTS.
fingers xxd - Sat, 17 Dec 05 :
BIGBOB,
Thanks for highlighting REG .. and just at the right time I reckon .. cos it looks as though it could have a good run next week.
Tuesdays strong move through the 'psychological 100.00p level', accompanied by high volume, confirms the breakout .. and as you point out, Friday saw the price 'close' at 103.75p .. a level not seen for over 3 yrs .. so a significant achievement.

The price should be able to continue rising on Monday, and how far it can progress during the week, will depend upon volume .. Fridays volume was low, and it needs to start increasing the volume to add momentum to the upward movement.
Its next main target is the 125.00p level, with a possible brief rest on the way up around the 112.50p mid level .. its looking good .. thanks again for highlighting it.
Ps - if it hasn't been nominated yet, it may be one to consider for the 100% thread

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