StoneTradingGroup

StoneTradingGroup

Fundamentals of the company have consistent growth year to year with decent sized profit for a FTSE small cap stock. With a inverted head and shoulder pattern (in a overall down trend) marked by the blue squares indicating the left shoulder, head and possible right shoulder. We also have bullish divergence on the MacD and RSI along with an over-bought signal...

StoneTradingGroup

Fundamental financials of the company are strong and seem to be in check for future growth. The technical analysis setup shows a break of the dashed blue neck-line and a current back test on the same support level (or neckline). I opened the trade at 140.00 and looking to take profits at 170 if it goes well. I have placed only a ten point stop on this trade as...

StoneTradingGroup

Earnings report was released on the 9th of January 2017 and showed good results, however a 19% decrease in Full Year pre-tax profit caused the stock to fall. I think the stock will recover and continue on a bull trend, following a possible inverted head and shoulder pattern to the upside. Planning on taking some profits at around 380 and leaving the rest to ride...

StoneTradingGroup

Here we have a large Inverted Head and Shoulder pattern with a back-test on the yellow dashed trend line. This back-test confirmation has also created a smaller inverted head and shoulder pattern (Labelled by the blue areas) within the larger inverted right shoulder (labelled by the yellow area). Along with this we also have possible diversions on the RSI,...