THL - Tourism Holdings

[Phaedrus]

As a long-term "buy and hold" THL has been a disaster. Overall it has gone nowhere in decades, but over this time there have been uptrends (and downtrends!) that lasted for years. "Active investors" using the simplest TA have made handsome profits on this stock. The crudest, bluntest instrument in the TA toolbox is a 200 day Moving Average. (Blue line on chart). Even this got you into the major uptrends, locking profits in before you gave too much back to the market, while keeping you out of major downtrends. As you would expect, more responsive indicators such as trendlines, oscillators, volume indicators etc give better results.



Here is a 3 year chart detailing more recent activity. The recent trendline break gave an entry at 47 cents. Prices stayed at around this level for quite a while, giving multiple entry opportunities - an important factor for relatively lightly traded stocks such as this.

THL is currently in a good steady uptrend, with a confirmed trendline in place. Historically, breaks of such trendlines have given profitable and timely exit signals for this stock. An 85 day simple moving average is another source of buy/sell signals, though of course there are many other suitable indicators available.

[winner69]

As a long-term "buy and hold" THL has been a disaster. .........

Here is a 3 year chart detailing more recent activity. The recent trendline break gave an entry at 47 cents. Prices stayed at around this level for quite a while, giving multiple entry opportunities - an important factor for relatively lightly traded stocks such as this.

THL is currently in a good steady uptrend, with a confirmed trendline in place. Historically, breaks of such trendlines have given profitable and timely exit signals for this stock. An 85 day simple moving average is another source of buy/sell signals, though of course there are many other suitable indicators available.

Phaedrus ... great charts as usual

For this latest uptrend I am using a calculated ATR as the guide when to get out

Currently this at 3 times is 91 cents so a bit of leeway from todays price ... back to 91 cents and out she goes as we lock in profits (discipline eh). The ATR has been support for the total rise from 40 cents odd so it gives me some comfort

Let market sentiment rule ......... maybe 250 this time next year

[bull....]

Was overbrought so a pullback was expected , cant go vertical every day a.
That webster fellows comments raise some eyebrows though or is it warning bells?

[shambles]

It may be warning bells. I don't think it's the beep of tourists reversing their campers into the holiday parks...

[winner69]

Was overbrought so a pullback was expected , cant go vertical every day a.
That webster fellows comments raise some eyebrows though or is it warning bells?

Is what happens in a lightly traded stock when somebody wants or needs to sell .... it was those 30,000 shares at days end that stuffed the price

All OK unless he has another 30,000 or 50,000 or 100,000 to sell then we are in trouble

My ATR sell point is currently 93 ... with THL (because of the inherent risks involved) discipline must prevail so maybe i won't be a shareholder this time tomorrow ..... but hopefully today was an abheration and THL is still on the way up to 250

[Doyle]

Is what happens in a lightly traded stock when somebody wants or needs to sell .... it was those 30,000 shares at days end that stuffed the price

All OK unless he has another 30,000 or 50,000 or 100,000 to sell then we are in trouble

My ATR sell point is currently 93 ... with THL (because of the inherent risks involved) discipline must prevail so maybe i won't be a shareholder this time tomorrow ..... but hopefully today was an abheration and THL is still on the way up to 250

Keep that discipline winner? Could barely sleep last night, wondering what will happen on the market this week. Was 100% invested on friday, but have already started selling down this morning. Probably A bit silly of me but then fear is a funny thing.

[bull....]

Thl no longer overbrought now volumes picking up around a fib level at 94 , a move back thr 98 will take us to new highs in the uptrend.

[shambles]

Thanks Bull

[bull....]

tourism figures next week followed by results the following week busy period for thl.

[winner69]

Was overbrought so a pullback was expected , cant go vertical every day a.
That webster fellows comments raise some eyebrows though or is it warning bells?

The main point of the article was that increased activity does not always lead to a comensurate increase in profitability