long position on SMDSMy strtegy is based on price action with the reading of certain indicators that I like whilerespecting all the values that define the stock maketLongby batchangoyves2022
#ABDN #LSE #LONDON CUP AND HANDLE BO#ABDN #LSE #LONDON Cup and Handle breakout !! Probable target mentioned. .Longby khaasbnda3
More upside coming soon? 📈See chart image. Entered long here. A little bit too late but it seems like it works so far. If you've got questions feel free to use the comment section here. Good trades, folks!Longby p4917Updated 114
RR. Short if 150+ not breachedThinking this is a great overbought trade here. RSI 75 overbought conditions. Massive gap too be filled around 115 Entered zone of previous sellers(resistance) ideally for a long position it would fill this gap and then bounce again which coincides with the .38 fib that's present in that zone. Shortby JamesFlem446
Prudential (PRU.l) bearish scenario:The technical figure Channel Up can be found in the daily chart in the UK company Prudential plc (PRU.l). Prudential plc is a British multinational insurance company. It was founded in London in May 1848 to provide loans to professional and working people. The Channel UP broke through the support line on 22/02/2023. If the price holds below this level, you can have a possible bearish price movement with a forecast for the next 25 days towards 1 173.20 GBX. According to experts, your stop-loss order should be placed at 1 336.00 GBX if you decide to enter this position. Prudential's stock increased significantly by 41% over the past three months. But the company's key financial indicators appear to be differing across the board and that makes us question whether or not the company's current share price momentum can be maintained. While the company does have a high rate of reinvestment, the low ROE means that all that reinvestment is not reaping any benefit to its investors, and moreover, its having a negative impact on the earnings growth. Prudential's earnings have declined over five years, contributing to shareholders 21% loss. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.Shortby legacyFXofficial2
Rio Tinto ,,, Buy opportunity Uptrend It seems pullback has been finished and it's gonna get next target. 5800 can be a good SL for a buying position. Longby pardis115
Bidstack long Bullish divergence on the RSI ema's look like flattening out/turning upwards Morning star candlestick at the alltime low Increase in volume generally since start of January Big gap to fill above BLongby Sean_Dent5
MXCT WAIT FOR BACKTESTMXCT - no advice given looks to me like a successful backtest makes for a reasonable opportunity behaving nicelyLongby Andy_Wa3
TYM levelsTYM looks to me to be tradable but no advice given Candles show even of resistance/support long TLongby Andy_Wa3
PXEN in strong upward channelNo advice given but trend is good. Upward steep channel . Sound back story to accompany the chart.PLongby Andy_WaUpdated 2
Fresnillo: Getting Down for Business 👇Since the end of wave B in turquoise, Fresnillo has been continually getting down for business. And the share should keep going as we expect it to march below both the supports at GBP 610 and at GBP 456.60. There is a 35% chance, though, that the course could turn upwards and climb above the resistance at GBP 997 instead. In that case, Fresnillo should enter the turquoise zone between GBP 1085.80 and GBP 1292.80 to develop a new high in the form of wave alt.B in turquoise before moving southwards again.by MarketIntel1
COMI London CBKDDear Friends, Correction so far as long as its above 1.592 1.52 even if its going for the Bearish scenario, there is a trade up 1st to Form B >> Expect around 50 - .618% fib So i am Bullish on Buying for a trade between 1.63 - 1.592 and will watch for the price action there for a confirmation. On the Chart Fib Channel. and Price points. Good luckby Magic_xDUpdated 886
ASHTEAD ,,, Pullback Uptrend It was a very technical pullback to broken level and there is a good bullish candle as a trigger above the price level. set a sure SL for it and enter.Longby pardis6
PSN bounced off supportPSN bounced off support after descending rapidly No advice given research needed but the chart looks goodLongby Andy_Wa1
Rolls Royce is finally flyingIt seems like RR is finally flying, chart setup is similar to Boeing. 150MA crossed over 200MA Moving average aligned nicely 20/50/150/200 confirming the upside. Anticipating for the next bull run. Plus abit of good new: www.reuters.comLongby Casvanick1
Rathbone updateBroke out nicely from of the falling wedge, has had a good recovery, likely retracement due to bearish divergence followed by next leg up. Buy at 18.50by grbrinkley2
$MRO bullish breakout ⚠See chart image. Should be self-explaining. If you have any questions feel free to use the comment section below. Good trades, folks! Longby p4917Updated 1
Your last mistake is your best teacherYour last mistake is your best teacher. Period. Sold it due to predictions not rules. Longby nexxtrade1
FRES- Going Long Perhaps not!It's amazing what looking on a larger time frame does, my long FRES position looks like a bad idea, and almost a mirror of what happened not so long ago. A brief bounce off of 800p and a big sell of after. Of course nothing is certain, but I'm revising my exit strategy so to speak (hopefully 860). NOT FINANCIAL ADVICE!!!by Shauns_Trading1
FRES- Going Long!Despite a high P/E this is a good pullback on an ascending channel, with MACD and RSI confirming the long buy. I have purchased at 8.27, 1hr puts most recent swing low in at a tight 8.17, lets see if I can sell at 9.17.Longby Shauns_Trading1
OCDO INDUSTRY 4Better potential than anything stateside imo for an industry 4 retailer Upside huge We must be wary of a retest of the last low circa 500 Looks to be freeing itself of the downtrend Bull div Not broken out I’ll look to add on a pulllback from a breakout GRI 2023by Great_Reset_Investing4
A future Amazon and potential 5 bagger Pretty sure bottom is in here We have this IHS plus some nice geometry and tricky pa Where AMZN nailed cloud these guis are doing Industry 4 sheet: ai/robotics/M2M/ML/IoT Send it Sorry muricans your Western tech hegemony is ova GRI 2023by Great_Reset_InvestingUpdated 2
Breakout for a 2,200%-plus return?This is Carclo, an industrial share listed on the London Stock Exchange’s Alternative Investment Market. It looks like it is breaking out from a 68-month decline that, if the past is any guide, could return huge multiples on any investment at this stage. Some of this company’s subsidiaries have been trading almost 100 years, but this century it has been a hugely volatile share. It began with the general market decline after the dotcom bubble at the turn of the millennium. A major slide in price was triggered in June 2000, bringing it down almost 90% from peak to trough across 33 months. It took 26 months for the share to rebound to the 50% Fib (this share loves a Fibonacci level) and, after hitting resistance there, retraced to the .382 Fib where it bobbled along for the best part of a year. By August 2007 it had risen 650% from the bottom. But then came a double top and another major decline, hitting resistance at the 50% Fib in September 2008 and setting eight months’ worth of relative equal highs from there. (A very nice trading range, that.) Price reversed again at the .236 Fib and this was where the fun started. Across the next four years, Carclo rose 1,000%, trough to peak. Since that January 2013 peak, another double top almost 10 years ago to the day, Carclo has been in seemingly terminal decline. There can’t be many bulls left to sell and you get the sense capitulation is around the corner. Although there was a slight recovery in price from November 2014 to June 2017 (31 months), it met resistance at the .236 Fib and rolled over again. The peak-to-trough decline, at the nadir of the Covid lockdowns in 2020, was 99.19%. But this is no junk share. It has had its problems with its pension liabilities and with debt but it has arranged new banking facilities with its lenders that give it good headroom. Net assets are almost £30m against a market cap of <£10m. But the key thing is how *every single time* this share has opened on the monthly above the trendline after a multi-month decline, it has sparked a tremendous rally in price over the medium term. It opened above again yesterday. I’m eyeing as my first TP the 50% Fib on the most recent decline, where there are five months of relative equal highs to mitigate. From there, a return to the .618 Fib on the broader, 67-month downtrend would also draw price to the monthly swing low and ICT fair-value gap from June 2013, which also remains unmitigated. And if you believe in cups and handles and head-and-shoulders patterns, there’s every reason to believe a C&H and inverse H&S could form very soon. Hitting the .618 Fib at 317p would constitute a near 2,200% return for anyone investing today. Better still, given the current zeitgeist of war and ageing populations, Carclo’s specialisms (e.g. heavy-duty cabling for the aviation industry and technical plastics for the medical sector) could create a new era of enormous value for the business. Who’s to say it wouldn’t rocket beyond old support-and-resistance levels to make new ATHs? After all, this share has made big, big moves before. BUT DYOR. GLA.Longby Bottle_Rocket1