(TCY) - Telecity - Time to Buy - This is one you should have in your portfolio!

Just quizzed the guys on the far3 thread about the potential for TCY. They do t/a on potential breakout shares. This is the reply I got:



karlmarsh - 30 Dec'04 - 09:46 - 22222 of 22251 edit


Hi All

First posting, but I have lurked for a while and enjoyed the quality of the postings. Anyone have any views on TCY? I have held these for a while, we are currently seeing exponential rises. At the height of the .com bubble it was £23 it then fell to 2p but over the last few weeks it has climbed from 11.5 to 18.5 on no news.

tiraider - 30 Dec'04 - 11:33 - 22223 of 22223


karlmarsh - TCY 18p

TCY has been trading in a tight range for nearly 3 years now. It has a lot of pent up energy to expend! It's currently attempting to break out of that range. Once it can achieve that, more powerful upward moves should be expected. It looks as if it will as well. The 20 day ma is leading the 50 and 200 upward. It's well positioned to breakout with style. Confirmation would be 2 days of closes above 18.5; the volume is building impressively already. Indicators are high but that is indicating the energy this chart has.

I notice that Tempus (The Times) is suggesting the telecoms sector could be the winner in 2006 - as TCY is in that sector it may be advantageous to add this stock to your monitor. Happy New Year.
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