Establish long position now and accumulate strongly if shares break above 143.75.
DEO shares rose 1.33% on 11/8 and closed near the top their range, forming a bullish pin candlestick. This comes after having opened significantly higher (>$3) than the previous close, leaving a gap around $140 that may enact some gravitational pull on share prices in the...
Looking at a potential entry on Diageo.
Price looking oversold on the RSI, strong volume on todays engulfing bar from the lower band.
Although, some negative news re FX conversion rates it is a insignificant amount in relation to the total revenue.
I want to see break above todays high to enter.
TP1: 2720
TP2: 2840
SL: 2580
After closing out our current CFD positions in a fairly good green for the week the charts are showing a retractment is in order and the Stochtastics are showing a very over bought on the daily chart.
Based on technicals Diageo looks to move long back into the daily trend.
Diageo will pay $700 million up front for four-year-old Casamigos Spirits, co-founded by Hollywood star George Clooney and two of his friends. Who doesn't like tequilla or Clooney? Worst case scenario.... yet another celebrity pump and dump.
DISCLAIMER:
This is where I practice ideas and...
Despite the recent rally in the FTSE 100, Diageo has lagged the market. However, potential buyers may come in around 1757 as this is:
1 -the base of the tram line I have drawn in. Tramlines offer great low risk entries and you can often anticipate where the price will bounce by locating a trend line and then drawing a parallel one through the lowest low like I...
Diageo Plc had a nice gap down 2 January that moved the stock into oversold territory based on Quant based approach that I have used for a very long time. I have traded US stocks under certain criteria with live recommendations since last January 2014 and until late autumn with fantastic results that I will publish here shortly. The approach is simple and based on...
Been looking to start another position in this
company for a while now. I'm looking to add a
starter position a trendline support for my long
term account. My friends and I love the the products ;)
I always welcome and appreciate opinions!
