Three patterns can be identified on chart with the most recent yet to experience the right shoulder, which is a bullish phase. Price is currently within an up channel and looks to stay that way. Perhaps the right shoulder of this recent inverted H&S will break the channel.
The list of UK stocks had some difficulties recovering, but now everything is fine as the UK100 overall index shows good strength, so CNA continues to return to conquer its old target. CNA pattern : Triangle Symmetrical Buy now : $43.45 +-0.1 Target : $56 Stop loss : $40 If margin with high leverage > 2x : stop loss : $41.5 Wish you trading success !
The Symmetrical Triangle pattern is almost 100% confirmed . Buy $39.50 - $40 Target : $50 (+-1) Stop loss : $35.30 Wish you good deals!
Centrica continues to trade in a long term down trend. The latest failure at overcoming trend resistance should set the shares up for another test of the recent lows. We are sellers today targeting a move towards 188p, with a stop at 210p
Price has come up to tramline which could be an area where the price falls again due to overbought stochastics, potential wave 4 completion and resistance from way back in 2012 around the 280 level. Price has broken above tramline but as long as it doesn't go above 304 this analysis still stands in my opinion. Targeting 200 which would fall on the tramline but...