Cybersecurity company Darktrace has had a fantastic run recently.
The company have recently raised profit forecasts and a number of brokers have raised the price target for the share price, one analyst is forecasting £8.00 from memory.
Looking at the current market cap, Darktrace is 3.21B. Compare this to Ocado, who are at present in the FTSE 100 .Their market...
Ocado Group has been a terrible stock to hold as any long term investor knows only too well.
Price is currently £3.50, back to the level last seen June 2023. As can be seen on the chart the price rallied strongly from this point.
The 4hr candle chart has just posted a bullish engulfing pattern, it must be noted the ftse is currently up 60 points and change....
On 27th March Revolution Beauty released improved guidance of FY Adjusted core profit of at least £12.5 Mln compared to previous guidance of between £11m and 12m.
The company has endured a turbulent history, new management look like they are turning things around.
Results are out on 1st May
Please find a portfolio of 20 shares that I have assembled that I believe can perform very well. Please also note that this is the first time I am doing this portfolio on trading view and it is currently a prototype. The companies are listed in no particular order.
1. Hollywood bowl
2. Atalaya mining
3. ASOS
4. AMD
5. Royal Dutch Shell B
6. Ferrexpo
7. Hunting
8....
I share this analysis because it's really interesting how the price moved.
We can see a Vertical Accumulation of orders.:
SC
ST
STB
ST
SPRING
in a long periode, due to this, we can really expect the price to have a bullish move upside, potentially not now but for me it's worth taking a trade even if the zone is not optimized.
Vodafone is currently near recent lows. Recent Price action has formed a rising wedge pattern.
Looking at the 4 hour chart the 50ma has crossed above the 200ma, a golden cross.
Rising rsi is also in an uptrend.
I suspect the price will move out of wedge, my guess is it will be upwards.
Do your own research of course.
What do you think?
Looking to catch some reversals at the shapes in this project for anyone interested in UK stock market. I have a higher level of confidence in the projections of simulated scenarios which should catch at least one more reversal at any of the shapes. Will update follow up analysis on any relevant or interesting Japanese Candlesticks patterns or setups.
In this...
In the ever-evolving landscape of digital publishing and price comparison, LSE:FUTR Future PLC stands out as a beacon of robust growth and potential. Founded in 1985 and headquartered in Bath, the United Kingdom, Future PLC has carved a niche for itself by publishing and distributing content across a spectrum of sectors including games, entertainment,...
A price action above 1403 supports a bullish trend direction.
The 200-day simple moving average might act as major support.
Increase long exposure for a break above 1450.
The target price is set at 1501 (just above its 23.6% Fibonacci retracement level).
The stop-loss price is set at 1366 (its 200-day simple moving average).
Remains a risky trade.
Strong buy... Silver equivalent sales up circa 25% the decline in earnings has bottomed and FRES is now coming out the other side with the potential of some serious cash accruals.
Looks to me like a healthy correction, now bounced of support of the 200 ma line and also previous top and is again above the main support. Nice R/R ration of 2.22
When a diagonal pattern completes, it can retrace the entire move in between a third of the time and half of the time it took to form.
Let's see if this happens...
I like this pattern, in other TA metrics that are mine this has triggered long a while back, Is the chart telling us that decision from the UK gooberment are going to do something? ..brown envelope ahoy ...GL ..I'm already long wish me luck..
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After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the...
As long as the price doesn't go lower than the £420–£415 level, then the ending diagnal pattern looks on. However, if the price breaks below that level, then another pattern could be playing out.
