SRSP buytook some stock today after the placing at .75p, with news expected and clear catalyst i can see this testing highs of 1.5-1.6p...
LSE
BNR long holder of this stock, think market is yet to click on to the story here and the potential in the lithium area. personal target of 1.5p ST
Inverted Head & Shoulders With Divergence - Long NXR - LSEFundamentals of the company have consistent growth year to year with decent sized profit for a FTSE small cap stock. With a inverted head and shoulder pattern (in a overall down trend) marked by the blue squares indicating the left shoulder, head and possible right shoulder. We also have bullish divergence on the MacD and RSI along with an over-bought signal within the stochastic. One more thing to note is that the 200 EMA is supporting the current price level with the rest compressed at this point.
I'm looking to take profits at around the 210 p area if the trade goes my way, with a small stop due to the point of interest where I have opened the trade, Possibly may increase the stop if certain price action occurs.
LSE:NXR
#EVRH bullish above 9.80EVRH is technically open for the fresh highs as long as the stock trades above 9.80/10.00 dynamic resistance area.
The upper line connects extreme highs, the lower - close values.
Clear Inverted Head & Shoulder Pattern - Long (JRP; LSE)Fundamental financials of the company are strong and seem to be in check for future growth. The technical analysis setup shows a break of the dashed blue neck-line and a current back test on the same support level (or neckline).
I opened the trade at 140.00 and looking to take profits at 170 if it goes well. I have placed only a ten point stop on this trade as the current level is a key point to this trade, if broken I would expect the price to roll over to the down side rather quickly.
LSE:JRP
Inverted Double Bottom Head & Shoulders - Long (SAFE)Earnings report was released on the 9th of January 2017 and showed good results, however a 19% decrease in Full Year pre-tax profit caused the stock to fall. I think the stock will recover and continue on a bull trend, following a possible inverted head and shoulder pattern to the upside.
Planning on taking some profits at around 380 and leaving the rest to ride it out if this trade goes my way.
LSE:SAFE
Inverted Head and Shoulder Back-test ConfirmationHere we have a large Inverted Head and Shoulder pattern with a back-test on the yellow dashed trend line. This back-test confirmation has also created a smaller inverted head and shoulder pattern (Labelled by the blue areas) within the larger inverted right shoulder (labelled by the yellow area).
Along with this we also have possible diversions on the RSI, Stochastic and the MACD is a confirmed Diversion so far.
The two white lines show a Tasuki up-side gap and that has been filled today and I expect the bullish conditions to return, whilst the price is also bouncing off of the 9 EMA. LSE:PLP
FTSE If the current high on the FTSE holds, i will be anticipating a 61.8% re-tracement (from the last area of supply and demand to the current high) this 61.8% also coincides with a daily breaker
AA PLCLSE AA weekly analysis. Looking for 50% and on to 61.8% re-tracement into weekly breakers, before continuation of bearish sentiment.
LON:BHP Sell Setup Hi Everyone, there is a sell setup playing out here for BHP on the London Stock Exchange.
We are waiting for the break of the lower trend line and then will watch it on a lower time frame for a retest and rejection.
There is also a potential for it to bounce up to the top trend line where there would be another opportunity to sell although that would be higher risk.
London Stock Exchange analysis.Potential move up to complete the head and shoulders pattern. That could lead to a fall. At the same time, we could see price move back into value to the point of control, and even further. I do doubt we will see a large fall as the UK market has shaken off Brexit uncertainty extremely well. In this case, it is possible that 3000 could be seen.
$BGO upside target at 110.000Purely volume based technicals here. Upside at target stated in title. Would look for shorts in this area.
Barclays PLC - BARC.L - Weekly, inverted Head & Shoulders.I have had BARC in my sights for a few months now and it is starting to pick-up. Will continue to see what happens from next week but we could see a bottom here.
STANDARD CHARTERED PLC PREDICTIONRECOMMENDATION SELL
SUPPORT level of 1057
TARGET 1047
STOP LOSS 1067
CHART FORMATION:-
Stock is trading in a range and line will lead to downside movement. Stock is trading near the 50 DMA with negative bias.
INDICATORS:-
RSI is trading near to 49.60 level with negative bias, in upcoming session downside movement is expected.
MACD and Signal line is sustaining below the zero level line.
