Rio Tinto - 2 counts for this mining giant.Personally, I'm leaning towards the bullish, blue count but I can't ignore the bearish, red count either.
GGP support and resistance at every 0.5p in this rangejust an idea no advice given
lets see whether buyers are dominant in near term
Fill the gapGap down on the daily yet to be filled, strong volume crossover on daily timeframe.
RSI strengthening on 4hour timeframe, stronger than proceeding bounce.
Hammer at the bottom of trend on weekly timeframe, should be a strong signal, possibly shooting past the gap of the course of the new few weeks.
Khan's Live-Charting 08 - $SUSnice upward-channel with clear support - price target chould be around the channel top
#HSBA – Set for huge Q4BIG Dividends
Soaring financial product demand in Asia
P/E 7.9 for 2020, just 5.6 for 2022 = cheap stock
Huge cash flow – profit £5.3bln last q
Should be 460 in next few months
Great play for Q4 as inflation/stagflation takes hold
#inflationstock #stagflationstock
#GWMO – Sitting in level of strong sup ready for bounce in Q4£2.7mln in cash, ready to start next drilling phase as soon as rigs become available post covid… news imminent
AO - Lets "not" go - The bulls do not have it!Future opportunity following a weekly green close when it appears.
Best buy zone is the accumulation zone, 55% back to all time high levels.
This may take several more weeks correct.
RSI & MACD continue a downward trend.
MA's are not yet corrected.
We will be blessed for a Xmas pump if economical and logistical recovery pervails? The confirmation of the RSI, MACD & MAs will confirm AO recovery.
AO warned of lower profits for the year, due to the UK’s current supply chain problems. And that’s all down to a shortage of lorry drivers, after tens of thousands headed back to their home countries after Brexit. AO says it now expects “adjusted EBITDA for the full year to be between £35m and £50m, with profits more heavily weighted than usual towards the second half of the year driven by the peak trading period.
Source: www.fool.co.uk
good risk reward here$ARB is at a very big support area here, I think its safe to say we can see a test of 147 in the near future! i wouldn't set any target much higher than that though, this looks like a slow mover. good luck ! :)
PETROFAC Limited - Bullish divergenceA 92% correction from July 2012 (ouch) creating a considerable oversold condition (as if it was not already obvious) there now exists an ‘incredible buy opportunity’ for those brave enough.
Why Bullish?
1) The bears are exhausted - this is indicated by the ‘capitulation’ volume candles. Remember, ‘Extremes in a market is marked by extremes in volume’.
2) Regular bullish divergence between price action and the oscillators is clearly visible on the above 10-day chart.
3) Volume increase + point (2) = very bullish.
4) The most bullish signal of all appears on the 2-month chart below, a Dragonfly DOJI. Those candles are not to be ignored. The further up the time scale the more powerful the signal. Weekly DOJI’s are great, monthly better. 2-month candles are on another level.
2-month chart
#S32 solved. THre you are. One last ray of bullflag then boom!S32
LONDON version
see the text book rotation of gradients in the bullflag. One left to clear and boom!
Tui BuyTui looks like it could be playing out an inverse head and shoulders pattern ready to regain the 200 SMA and start trading higher again
£AZN 1-day classic patternsQ: What has the highest probability of occurring?
After being one of the strongest performers in 2020 during the initial UK lockdown the stock lost over 30% of its value.
In 2021 it has staged a modest recovery but is still over 15% below its all time high requiring an over 20% rally.
There is well tested support at 8100p and resistance at 8775p.
There is 2 classic patterns 1 that has not validated. 1 that has validated.
The bull flag, with a breakout of 8775p, stop at 8100p, and projected target at 10150p. A risk-to-reward ratio of 2R.
The breakout from the bull flag needs to be confirmed by a close outwith both the flag and resistance. A difficult task therefore requiring more time to confirmation.
The double top, with a breakout of 8100p, and projected target at 7400p. Using a stop half the size of the range creates a 2R opportunity.
The stock also pays a 2.48% dividend semi-annually. Given the length of the setup this trade may run deep into 2022 to allow that dividend to be collected.
Although before that point there will be 2 earnings releases adding volatility to any potential positions held.
The short trade is therefore not of interest here however considering it has validated this may act as a catalyst for the long side. But again it is not yet validated.
After 4 years is Direct Line breaking outSlow progress, but DLG looks to be moving on.
It's been forming a rough inverse head and shoulders for 4 years and is slowly breaking out.
#CBX – Momentum beginning to follow price swingPrice now has bounced off Pre-IPO price and looks set for a run into Q4 as results bring the company into the blue as it received its first shipment of the product CBG in July… still on track for Autumn launch of skincare range
EasyJetEasyJet plc, styled as easyJet, is a British multinational low-cost airline group headquartered at London Luton Airport. It operates domestic and international scheduled services on over 1,000 routes in more than 30 countries via its affiliate airlines EasyJet UK, EasyJet Switzerland, and EasyJet Europe. EasyJet plc is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. EasyGroup Holdings Ltd is the largest shareholder with a 15.269% stake. It employs circa 14,000 people, based throughout Europe but mainly in the UK.
An RSI based on Constance Brown's workCreated for ZmDm, this is a an RSI that plots four zones throughout: the Bear and Bull buy zones, and the Bear and Bull sell zones. Brown suggests the important moves are the ones that happen closer to the midline (in any oscillator), hence the four zones.
You would use this alongside other indicators.
Rolls Royce, Surging. Biggest Mover In Stoxx 600 Today (+12%)Rolls Royce, Now Surging. Biggest Mover In The Stoxx 600 Today (+12%)
The share initially stalled, but has started a big move, on volume. Internally, we discussed this at 111.90 (now +31%). Potential gap close at 182.00
I also published on this platform just over a month ago on 25 August:
For more insights and real-time ideas, get in touch today.
#GWMO – Sitting in level up strong support, ready for Q4 newsAfter discovering gold at shallow depths in multiple holes in its first exploration drilling at the Rock House project in Nevada, US, they are poised to announce the potential and results to the Trafalgar Hill step-out drill programme in Q4
RR. Said it and ill say it again. LONGRolls royce has been a long for a long time. anything under £1 for rolls is a winner simple had a whole 18 months to buy it at this price. is now broken out of the resistance at 135 range with ease. i suspect at this 145 levels as its overbought itll pull back and set new resistance as new support filling the gap so good oppotunity to buy around 135. id then be going long until 170-185 range where id look to sell as it fills the gap. but then buy and hold again. Come on its rolls royce.
