Pearson broken out of clear resistance. Target 1480, being near the high of a few years ago, a target supported by the depth of the H&S visible on the monthly chart.
A head and shoulder reversal pattern is forming on Ocado. Started in August 2022, this is likely to complete this December, but not guaranteed. The left shoulder is forming as expected. But will it bottom at about 380p and then rise?
After an amazing run the last time ,price is here...Do we spy a 5th wave ending??10 bagger ahoy? And just like last time throwing a few k punt money..Risk management..GL
A riskier entry but worth considering. Rising trend followed by a prolonged consolidation. Long entry without waiting for the breaking of the upper trend line.
Hi, Fasten your Seatbelts No additional explanation, Probably, after a period of fluctuation, the bull market will start.
An attempted buyout from Ageas after profit warnings. Can Direct Line Groupe start making profits again? Insurance has risen substantially over the past year. This may help to stabilize insurance companies that have been battered due to persistent storms damaging homes in the UK and the price of car repairs soaring since Covid.
Hydrogen play with some orders and a nice looking chart ...speculative punt money in ..looking for some strength to add later ..Risk management ..GL
Price hovering around previous strong resistance? Possible bounce coming?
Seems like a good place to buy on this dip. Price has been in a strong uptrend.
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hi traders IBST has been in a downtrend and it has retested lows from 2016. It did a full reset. Now it may be a time to get a trend reversal. If we get a breakout to the upside, long position can be taken. Technical target: 243 $ Premium target: 309 -322 $ Looks bullish to me if we get a breakout and the follow-through. Good luck
Gas prices are at a multi decade low and consequently energy is very cheap! Yet, when there is a significant divergence from the mean we can expect a Regression toward the mean. Energy prices probably will come back up, and we can expect, unless the company goes under, a return in share prices back towards the VWAP. I'm putting a small amount of my portfolio in...
Following the worst IPO in history, and subsequent failure to lead a legal and profitable business, on March 4th (less than two weeks) Will Shu's "golden shares" will lose their status. Eager investors will be keen to cut fees paid to riders and increase charges to restaurants and customers, only to find that they have already pushed all of their partners to the...
Long position simply because being oversold on RSI, a 2 to 1 trade.
we've got Marks and Spencer bouncing back from its recent lows - looks like a fantastic chance to leap in for a buy trade.
** investment opportunity ** On the above 12 day chart price action has corrected 90% since 2016. An excellent long opportunity. Why? 1) Price action and RSI resistance breakouts. 2) Price action on macro support and resistance. 3) Strong bullish divergence as measured over.. 4) Some other stuff, will say elsewhere. Is it possible price action falls...