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Ftse100

Tesco - Bouncing from the 61.8% Fibonacci supportBUY – TESCO (TSCO) Tesco PLC (Tesco) is a retail company. The Company is engaged in the business of Retailing and associated activities (Retail) and Retail banking and insurance services. Fundamentals It’s been a tough few months for Tesco shareholders with the shares having slumped over 13% from the 2019 high. The business has embarked on a massive overhaul over the past 5 years to make the operation a lot more efficient, which has put the company in a good position overall. The operating margin is continuing to rise, and management believe 4% is achievable in the short term. The company looks set to maintain its position in the market and continue to grow its earnings. Best Broker Target Price: 285p (Deutsche Bank 19/06/2019) Worst Broker Target Price: 230p (Goldman Sachs 02/04/2019) Technical Analysis 2019 started off so well for Tesco share holders with the shares rising from 187p to 254p in the space of just over 4 months. The recent decline from those highs has not been so impressive, but some support appears to be forming around the 61.8% Fibonacci support level at 212.7p. There have been a number of bullish candle around this price, which is an indication that buyers are returning. Recommendation: Buy Buy between 215-225p Stop: 210p Target: 250p
LSE:TSCOLong
by Investamate
3
£20 Round Number Supporting GreggsLast post: August 13th 2019. See chart . Review: Price was on the decline and was approaching £20. Update: Price has now found support at the £20 round number. Conclusion: We want to see if the support zone holds and pushes price back up. If it does, then we may see some long opportunity setups appear in the near future. Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments! Sublime Trading
LSE:GRG
by Sublime_Trading
Ocado - Looking ripe for buying.Technical Ocado has had a dramatic rise in price over the past 18 months. The breakout level at 1163p has been retested and has so far been well supported. The shares have been in a consolidation phase for the past few weeks, but some signs are emerging that could put an end to the sideways price action. A move back to and above the previous highs is expected from here. Fundamentals The company continues to make strides into technology, which offers potential medium-term growth. Numis reiterated thier 'Buy' rating on the 10th May 2019 with a price target of 1700p Ocado has announced a string of deals and recently tied up a joint venture with Marks and Spencer. Stop 1105p Target 1500p
LSE:OCDOLong
by Investamate
UK100, BREXIT,BEARISH WOLFE WAVE #RRR of 1:5 (AUTOLINES TEST4)HI BIG PLAYERS, here I present a new Wolfe Wave in the UK100 chart. This chart represent the 100 biggest share-companies of Great Britain. In any way we listen about the Brexit and the results of this decision is clear to understand for everbody. A big downtrend will build. The Wolfe Wave pattern show a bearish incoming side. In addition, the reason for a bearish Wolfe Wave is the rebounce on Fibonacci line 1.382 Acutally the pattern give a Risk-Return-Ratio of 1:5, but this are a weekly chart and shows a longterm bearishtrade. King regards NXT2017 ============== MY PERSON: I'm the second winner of the official German Forex Trading Conpetition in 2018. Look here to the ranks: deutsche-trading-meisterschaften.de I speak german, english and russian. My strength in trading are Wolfe Wave pattern.
FX:UK100Short
by NXT2017
FTSE 2 hour ideaSimilar to my Dax idea just posted, a lot of world equities are bouncing...remember central banks can still cut rates and do QE/stimulus which means there will be nowhere to go for yield except the stock markets. The party might not just be over yet. Similar description to the FTSE as with the DAX, a prolonged downtrend and basing at a support zone. We had a wedge and broke above the resistance zone and even the previous lower high swing. 7375 zone is a flip zone you should watch and then 7575 above.
OANDA:UK100GBPLong
by Uncharted-FX
FTSE100 OVERVALUED - BULL TRAP - SHORT ITThe FTSE100 index is selling at a P/E of 17.2. This is quite high in a low interest rate, low growth scenario. The UK is in a mess, with Brexit problems, neighboring countries teetering on recession and Boris taking over the leadership. A DCF valuation of the FTSE100 using 3.2% growth, 8.6% discount rate it shows the index is 11% overvalued. I think the German DAX and US markets are going to tank soon, don't be fooled by the cut in interest rates in the US. The ECB can't really cut rates much more with low or negative rates already in Europe. Negative rates are a desperate attempt to inflate a sagging economy, European markets are ripe for a fall. The FTSE100 has jumped up a bit lately, this is a bull trap above the downward sloping trendline. The technicals are hinting at a coming fall. If you do short, I'd prefer to short the DAX as it has a lot foreign trade exposure with its auto industries. However, for those watching the FTSE100 index, a short now could be a winner.
FX:UK100Short
by victorko
FTSE 100 - Long We are currently long the FTSE 100 which has dropped over the past day on the back of Boris Johnson's appointment and the subsequent strengthening of the pound. The pound strengthened as the market hopes that initial comments by Michel Barnier the European Union's Chief Negotiator would open the door to positive negotiations between the UK and the EU. However, we believe that with the UK set to leave the EU on the 31st of October there will be pressure on sterling in particularly GBP/USD which would be positive for the FTSE100 as a large proportion of profits for FTSE 100 companies are made in dollars. Therefore we are long and will look to add to our long position just above the 7298 Fibonacci level with a view towards starting to take profit above 7700.
FOREXCOM:UK100Long
by KQMarkets
FTSE - Stalled just in front of our entry level. Good enough?DAY TRADE - EXPIRES AT 9PM We were looking for a dip to buy today but the market appears to have stalled in front of our entry level. Is this good enough reason to get long? Overall we remain bullish. Trade Idea The overnight rally has been sold into and there is scope for further bearish pressure going into this morning. Bespoke support is located at 7465. Negative overnight flows lead to an expectation of a weaker open this morning. As this corrective sequence continues we look to set longs on a dip at better risk/reward levels. Further upside is expected although we prefer to set longs at our bespoke support levels at 7465, resulting in improved risk/reward. We look to Buy at 7465 Stop: 7425 Target 1: 7545 Target 2: 7600
OANDA:UK100GBPLong
by Signal_Centre
2
FTSE UK Stock Index ( 7,190 is a very strong support)Updated View On FTSE (16 Apr 2019) Back Ground: The bullish "immediate" momentum has definitely slowed. There may be pullback along the way. Watch out the region of 7,190 regions as it may act as strong support. Target(s): Neutral SHTF: It will use 7170 to 7190 as strong support region. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
OANDA:UK100GBP
by SonicDeejay