Shares
Long TClarkeI have provided a complete breakdown on my members area of why I have taken this trade. Solid risk reward on this trade for a company providing very solid results year on year. Expecting the share price to hit 140 shortly hopefully followed by 160.
China Mobile (CHL) buyChina Mobile (CHL), D1: Support zone + Convergence & Oversold on RSI(14) + Powerful mirror level on MN.
Where next for LAM. Finding resistance at 200 EMA.Lamprell is finding resistance at its 200 EMA at 114p. Will it break to the upside, or will it be rejected?
GER30 going towards 12000 again.In light of the tariffs negotiation amid the trade war between USA and China we have seen stocks and indices plummeting, the case of the GER30 is no different, we have it today falling towards 12000 level, and just below there is a resistance which if not broken and fundamentals spur risk on, we can see the price going towards 12150 again, otherwise will visit low 11800 again. At the moment of writing price pivoted around 12050.
MACD on 4h chart hits for further.
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AMD Buy setup, 20% gain to the upside before taking profits. I don't often share any chart write-ups except Forex, this is due to me being a long term investor into blue-chip companies. AMD is one of my favourite 'Tech challengers'. Although it is great in size already, it has a long way to grow, to get up there with the likes if Intel. With that being said, i think that AMD has great growth ahead, I personally am just scaling in positions i already have, i have no intentions of selling until AMD is at $50. A great, stable long term hold.