HSBC is at a key level. I will watch price action closely to go long or go short if this level fails to hold. There is potential either way
with news expected before month end and massive potential drill/catalyst coming up i expect it to test levels of 40p 43p and then 50p
Price has pulled back to this daily resistance after breaking this trendline. I see a sell opportunity to 2020.00
Barclays has been in this range since December. I see prices moving lower before tracking higher to the psychological 250.00 level
took some stock today after the placing at .75p, with news expected and clear catalyst i can see this testing highs of 1.5-1.6p...
holder of this stock, think market is yet to click on to the story here and the potential in the lithium area. personal target of 1.5p ST
Fundamentals of the company have consistent growth year to year with decent sized profit for a FTSE small cap stock. With a inverted head and shoulder pattern (in a overall down trend) marked by the blue squares indicating the left shoulder, head and possible right shoulder. We also have bullish divergence on the MacD and RSI along with an over-bought signal...
EVRH is technically open for the fresh highs as long as the stock trades above 9.80/10.00 dynamic resistance area. The upper line connects extreme highs, the lower - close values.
Fundamental financials of the company are strong and seem to be in check for future growth. The technical analysis setup shows a break of the dashed blue neck-line and a current back test on the same support level (or neckline). I opened the trade at 140.00 and looking to take profits at 170 if it goes well. I have placed only a ten point stop on this trade as...
Earnings report was released on the 9th of January 2017 and showed good results, however a 19% decrease in Full Year pre-tax profit caused the stock to fall. I think the stock will recover and continue on a bull trend, following a possible inverted head and shoulder pattern to the upside. Planning on taking some profits at around 380 and leaving the rest to ride...
Here we have a large Inverted Head and Shoulder pattern with a back-test on the yellow dashed trend line. This back-test confirmation has also created a smaller inverted head and shoulder pattern (Labelled by the blue areas) within the larger inverted right shoulder (labelled by the yellow area). Along with this we also have possible diversions on the RSI,...
If the current high on the FTSE holds, i will be anticipating a 61.8% re-tracement (from the last area of supply and demand to the current high) this 61.8% also coincides with a daily breaker
LSE AA weekly analysis. Looking for 50% and on to 61.8% re-tracement into weekly breakers, before continuation of bearish sentiment.
Anglo American short based on head and shoulders and accumulation on VPOC
Sky continuing bearish sentiment after a 61.8% retracement