SSE has now resumed it's uptrend after breaking our in August last year. So, that took about 6 months of consolidation and a few tests of previous resistance at approx. 1500 which is now support.
This is just for St James's Place, but you'll find inverse head and shoulder patterns in a lot of stocks on the FTSE 100. For me, that means a reversal on the pullback, and this week for example, STJ is confirming the reversal with a break about the neckline and 200 EMA acting as support.
If AI is eating your lunch, your company better have a good strategic plan to adjust and create new revenue streams. This is classic Marketing myopia, e.g. US railways, in mid 20th century, saw market share eroded by the airlines. That's because railroads never saw themselves in the transportation business, and limited themselves themselves by thinking they...
A quick video on how the GBP may strengthen against the JPY. Looking bullish and may breakout from 172. Trade your own plan, do your own research and good luck!
Will Sage breakout of its 817 resistance, which has held for almost 5 years?
Looks like Sugar is breaking out after forming a bottom in the past 3 years.
Is this a breakout for intel after forming a 6 month triple bottom?
Not a BATS out of hell just yet but a breakout all the same. Broken away from 2756 and a good dividend, but now has to clear 3000 last established in Jan 2020.
Today's results look like they will invalidate the H&S top which started forming in early 2017.
Looks likes a breakout.
To all the Silver bulls out there. Bears first at this time. No short squeeze and no positive narrative will change the direction just yet. Break below 19.96, which was support now becomes resistance. PS: Chart is a monthly time frame
Nice breakout on JLEN Environmental assets. Spent 2 months probing resistance and then made a bullish move.
NYSE:PFE broke out at 45.60 and after hitting a high of 58, it then retested support in Oct 2022. It has now broken out and is heading higher.
Bullish triangle pattern forming and possible breakout to come. Not much volume though although good performance in the past few months.
A lovely cup and handle pattern formed on Physical Gold. However, it never broke out and failed. You can't rely on bullish patterns all the time.
9% stake disclosed by Starboard has caused Wix shares to break out from resistance of 80.65. Is this Wix's bottom and can it resume a bull trend despite the weakness in tech stocks?
Nice break out from horizontal resistance at John Laing Environmental Assets. Looks bullish to me. PS: This is not a solicitation for you to take a trade.
The ascending triangle started to form at the start of the pandemic restrictions. Not fully formed yet, it is in a downtrend and therefore it's possible it will head lower. Wait and see. Fundamental factors are: cost of living, recession, a takeover/bid, inflation, interest rates (cost of capital) - Lots to think about.