9 0 0
price crashed from ~170 after brexit and an followed profit warning on Monday. It now recovered to 134 high and pulled back to 118 as of writing this analysis. FOXTON is one of the top real estate agents in the UK, it will be largely affected by the housing market. While the long term effect of the brexit on the housing market is yet known. I personally believe current price level is over-kill.

CHAN theory:
If the current trend of drop in price doesn't break the top of previous 30-min central region (114.25), we should expect a second wave of up-rising. Meaning we are close to a level-2 buy signal at the moment.
Otherwise, an fluctuation around previous region (100, 114.25) is likely to be observed.

MA55 is showing similar support level at 118, which isn't far from 114.25

A short term trading strategy can be long, and set the stop loss at 110. (instead of 114 due to high volatility and low liquidity)

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out