Berkeley group holdings has formed a new resistance level @ 3837 and is consolidating in the range of 3717 - 3837, this is tight consolidation which will lead to momentum upwards once it breaks resistance. My game plan would be the following: Trigger Price: 3837 TP: 4344 SL: 3717 RR: 5:1
National Grid's current resistance is @ 805.9 and the support has been raising over the few days gradually. For this to breakout and continue to rise higher the chart needs to continue to consolidate in the last part of the ascending wedge. If the chart plays out as expected my game plan would be the following: Trigger: 809.9 TP: 839.9 SL: 803.9 RR: 5:1 Once I'm...
DLG has a clear resistance @ 327.9 and the support is continuing to raise which is forming an ascending wedge. The chart needs to consolidate between the range of 324.6 - 328.0 to create a big breakout of resistance. If the chart does play out then my game plan would be the following: Trigger: 329.2 TP: 339.7 SL: 327.1 RR: 5:1
JMAT is currently in a tight consolidation ranging from 2894 - 2983, I am expecting this to continue for a few days and then for the price to break resistance @2983. My game plan would be the following: Trigger: 2999 TP: 3079 SL: 2983 RR: 5:1
Aviva had a tight consolidation period in the range of 361.9 - 387.5 and has recently broke out of the resistance. This should continue to keep on moving in a bullish pattern so my game plan would be the following: Trigger: 396.9 TP: 446.9 SL: 386.9 RR: 5:1
An ascending wedge pattern has emerged on the daily DGE chart, there's a clear line of support from the past months in this stock which has recently been met which will result in the price going higher as this stock bounces off support as seen in the previous months. Once it continues to rise it will be facing the resistance level for a third time at 2873.0, I'm...
BKG Has formed an inverse head and shoulders pattern with a resistance of 3751. There's also been some tight consolidation leading to a breakout, which is over the 50 day SMA. 14 day SMA was acting as resistance but is now support and the 7 day SMA is making a bullish move and almost taking over the 14 day SMA. My game plan would be the following: Trigger Price:...
Coca Cola' stock has recently been reduce in October and is forming a new resistance @ 2482, if the stock continues to have a tight consolidation range of 2418-2482 it can could prove to be a good buy. If it does continue my game plan would be the following: Trigger: 2501 TP: 2611 SL: 2479 RR: 5:1