JMAT Setting up to Break Resistance Buy RR: 5:1JMAT is currently in a tight consolidation ranging from 2894 - 2983, I am expecting this to continue for a few days and then for the price to break resistance @2983. My game plan would be the following: Trigger: 2999 TP: 3079 SL: 2983 RR: 5:1Longby DeclanTroy2
#JMAT technical analysisdecline in mining sector means less demand for johnson matthey services chemicals etc... chart seems overbought----- possibly due to the ftse 100 rising lately (nonsense santa-rally)Shortby RyanTheYoungTrader3
2017 to be a good year for Johnson Matthey?We are a fan of Johnson Matthey over the long term. The recent correction looks to be a great chance to buy the FTSE100 chemicals company. The shares have formed a channel on the weekly charts and also found support on a relative basis versus the index. There is big resistance at 3575p, which if oveLongby Investamate3
New trade signaled - Buy JMAT LNJohnson Mathey has outperformed the benchmark index and chemicals sector over the past 3 months. The shares are in a long term uptrend and have triggered a buy in our model. Buy at the open with a stop at 3414p. Target 3775pLongby InvestamateUpdated 2
Johnson Matthey (JMATL)Interestingly diversified company that could benefit greatly from the weak pound.Longby mgiulianiUpdated 2212