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GFIN , not a great time.. Since the 15th of November the price of Gfinity started testing all the supports that have consolidated for the last couple of months. Unfortunately even if still receiving high average volume the news of the ADJUSTED EBITDA LOSS of -2.3 MILLION and the operating loss of 50 % to -2.7 million had hit the price. As per chart: the price seems to go to test the area of £3.10 (where there has been a previous support area) if broken the price can even go further to £2.80. I've drawn 3 different scenarios that are possible in my opinion. The next earning are on the 29th of March 2022. Let me know in the comment what you think and if you like my ideas leave a LIKE tu support me ! Peace =)
LSE:GFINShort
by Casciouz
Novacyt NCTY what a pump !As you can see from the chart Novacyt had a massive volume inflow in the last 2 days even because of the very good news regarding the uk gov that accepted different NCTY covid tests and even because of the news of the new covid variant. If you check my previous analysis I was waiting for a reversal pattern for quite a while and here we are . Be careful if you intend to enter long now because a +30% in one day in stock definitely need a sort of retracement down and than a push up again. Leave a like or a comment if you want to support me Thanks !
LSE:NCYTLong
by Casciouz
2
IAG (International Consolidated Airlines) - Another correction? Hello traders and investors, Today we are looking at the IAG chart (International Consolidated Airlines Group) , one of my favourite charts after the big US cap company. As we know, the airline industry (and hospitality sector) is one the most affected by COVID19 with a low passenger volume. After the first spike of enthusiasm and optimism (around March 2021) we are still in a prolonged correction. This can be either a 1-2 or A-B at primary degree . At this stage, we don't really care which one it will be, If we look at the primary B (purple) this seems to be composed of a triple combination WXYXZ. The first part of this triple three looks like a flag-triangle-zigzag , and we are waiting for the second X. This can be in any shape but as of now it is an expanded flat 3-3-5. In the 4h timeframe , this is a "buy opportunity" followed by a "sell opportunity". If this will be the case, the Z completion of the primary B will be the "buy the dip - HODL position".
LSE:IAGLong
by Dry-Storm
13
ARB argo blockchain LSE , long target In this idea I show you where are the main price targets for a long in Argo . As previous ideas I've published ( check it out if you did see it before) It seems we are currently in the accumulation phase of Wyckoff waiting for a push upwards testing the main resistance at 170 . It's likely possible that the price will touch the others targets I've drawn . Let's see what will happen in the upcoming weeks . Let me know in the comments what are you thoughts about it and share with the community your ideas. ( not financial advise just my opinion , make your own research ) Good luck ! =)
LSE:ARBLong
by Casciouz
London Stock Exchange**This is a re-post of the London Stock Exchange (now LSEG, LSE previously) idea (below). Tradingview help-desk were unable to attach the idea to the new ticker symbol. So far price action is down almost 30% since original post in January.** A 2300% gain and following overbought condition (green column) there now exists a 16 month bearish divergence between price action & RSI on the above 10-day chart. Time to collect profits. Sell out between current price action until 10.5k, no rush. Target price? For as long as the RSI resistance exists price action will likely fall through and until 2023. 1st target 4400 2nd target 2000 Fundamentally as a business LSE provides a variety of financial services. Many of them to EU located individuals and businesses. Since the UK left the EU much of that trading business has and/or will continue to move to another EU country. As the UK opted for self inflicted economic sanctions (a world first?), charts are now showing a number of EU owned UK based businesses with similar divergences. Most notable within Financial services and Engineering businesses.
LSE:LSEGShort
by without_worries
3
GFIN , Gfinity , LSE, Wyckoff full cycle Looking at a weekly time frame It's noticeable what GFIN is doing since 2015 alternating an accumulation phase , mark up, distribution , mark down and back to accumulation phase. We had the Spring ( Lowest price in March 2020 with £0.30) followed by the accumulation phase until now. The main supports I've identified are at: £3.30 and £3.60 ( where possibly the price is going now and than bounce back and try to go through the main resistances that are at: £5.70 and £7.00 as shown by the arrows . to support me please leave a like or a comment !! ( if you want any specific analysis leave a comment below ) Thanks Good luck all Peace
LSE:GFINLong
by Casciouz