Up up and away Taylor Wimpey📈The chart should be self-explaining. If something is unclear feel free to use the comment function here. Good trades, folks!
BP double topOil Giant BP has enjoyed a spectacular run over the last couple of years. Now it looks exhausted with the price hitting the level of historic resistance that has lasted many years. The recent 2 weeks show a double top M pattern with a failure to break above the previous week's high.
Aston Martin Bearish DivergenceTrend line shows bullish trend because it's making HH HL but unfortunately RSI show bearish divergence
long position on RMVMy strtegy is based on price action with the reading of certain indicators that I like whilerespecting all the values that define the stock maket
long position on SMDSMy strtegy is based on price action with the reading of certain indicators that I like whilerespecting all the values that define the stock maket
#ABDN #LSE #LONDON CUP AND HANDLE BO#ABDN #LSE #LONDON
Cup and Handle breakout !!
Probable target mentioned. .
More upside coming soon? 📈See chart image. Entered long here. A little bit too late but it seems like it works so far. If you've got questions feel free to use the comment section here. Good trades, folks!
RR. Short if 150+ not breachedThinking this is a great overbought trade here.
RSI 75 overbought conditions.
Massive gap too be filled around 115
Entered zone of previous sellers(resistance)
ideally for a long position it would fill this gap and then bounce again which coincides with the .38 fib that's present in that zone.
Prudential (PRU.l) bearish scenario:The technical figure Channel Up can be found in the daily chart in the UK company Prudential plc (PRU.l). Prudential plc is a British multinational insurance company. It was founded in London in May 1848 to provide loans to professional and working people. The Channel UP broke through the support line on 22/02/2023. If the price holds below this level, you can have a possible bearish price movement with a forecast for the next 25 days towards 1 173.20 GBX. According to experts, your stop-loss order should be placed at 1 336.00 GBX if you decide to enter this position.
Prudential's stock increased significantly by 41% over the past three months. But the company's key financial indicators appear to be differing across the board and that makes us question whether or not the company's current share price momentum can be maintained.
While the company does have a high rate of reinvestment, the low ROE means that all that reinvestment is not reaping any benefit to its investors, and moreover, its having a negative impact on the earnings growth.
Prudential's earnings have declined over five years, contributing to shareholders 21% loss.
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Rio Tinto ,,, Buy opportunity Uptrend
It seems pullback has been finished and it's gonna get next target. 5800 can be a good SL for a buying position.
Bidstack long Bullish divergence on the RSI
ema's look like flattening out/turning upwards
Morning star candlestick at the alltime low
Increase in volume generally since start of January
Big gap to fill above
MXCT WAIT FOR BACKTESTMXCT - no advice given
looks to me like a successful backtest makes for a reasonable opportunity
behaving nicely
TYM levelsTYM looks to me to be tradable but no advice given
Candles show even of resistance/support
long
PXEN in strong upward channelNo advice given but trend is good.
Upward steep channel .
Sound back story to accompany the chart.
Fresnillo: Getting Down for Business 👇Since the end of wave B in turquoise, Fresnillo has been continually getting down for business. And the share should keep going as we expect it to march below both the supports at GBP 610 and at GBP 456.60. There is a 35% chance, though, that the course could turn upwards and climb above the resistance at GBP 997 instead. In that case, Fresnillo should enter the turquoise zone between GBP 1085.80 and GBP 1292.80 to develop a new high in the form of wave alt.B in turquoise before moving southwards again.
COMI London CBKDDear Friends,
Correction so far as long as its above 1.592 1.52
even if its going for the Bearish scenario, there is a trade up 1st to Form B >> Expect around 50 - .618% fib
So i am Bullish on Buying for a trade between 1.63 - 1.592 and will watch for the price action there for a confirmation.
On the Chart Fib Channel.
and Price points.
Good luck
ASHTEAD ,,, Pullback Uptrend
It was a very technical pullback to broken level and there is a good bullish candle as a trigger above the price level. set a sure SL for it and enter.
PSN bounced off supportPSN bounced off support after descending rapidly
No advice given
research needed but the chart looks good
Rolls Royce is finally flyingIt seems like RR is finally flying, chart setup is similar to Boeing.
150MA crossed over 200MA
Moving average aligned nicely 20/50/150/200 confirming the upside.
Anticipating for the next bull run.
Plus abit of good new: www.reuters.com
Rathbone updateBroke out nicely from of the falling wedge, has had a good recovery, likely retracement due to bearish divergence followed by next leg up. Buy at 18.50
$MRO bullish breakout ⚠See chart image. Should be self-explaining. If you have any questions feel free to use the comment section below.
Good trades, folks!
