44p loss in 3 days or >10% A strong rejection of its 200EMA That's bearish as Brexit and economic chickens come home to roost. GATC has failed to move higher and looks bearish.
After Draghi's comments, could EUR/GBP be breaking out of its rectangle pattern?
Has broken above resistance in late 2015 (1) RSI and MACD are heading the right direction (2) and Moving averages are in alignment (3)
MCS hasn’t got the legs to move above its 200EMA From Feb to May (point 1 on chart) it met resistance and is now falling Moving averages are in a bearish order (point 2 on chart) And RSI and MACD are in agreement
SIG is now trading at a 50% FIB level Rising RSI and MACD Has tested 150p in Dec-15 and Mar-16 Will it break to the upside after forming a flag pattern? Time will tell.
Gapped through its resistance on the weekly chart. Very bullish signal.
A genuine breakout, or will it be sold back down to 8-9p? Wait and see.
Will CTO break out above 91p? (A) Could still be a few years if the ascending triangle pattern continues. (B)
There's a head and shoulders pattern forming on Nat Gas. As the formation is part of a downtrend, it's bearish.
GATC has that Friday feeling Closed 6p above its 200 EMA and broke resistance which started on 19th May Note: Slight divergence on MACD and RSI
A very strong candle on the weekly chart after Northern Bear broke out from its 59p resistance, which held for 3 years.
Although it still made a new high at 5.9 the price was sold down as the trading day progressed. Not as conclusive as first thought.
NIBT has been ranging since June 2014, and today it has broken out from the 60p resistance, which was tested 4 times during that period. So a very bullish day today and prospects for more gains are high.
VLX: Could see a reversal here on good results. It's going in the right direction but the company needs to keep reporting progress. Price must exceed 49p before the reversal is confirmed.
KMK hit a recent high of 34p and has sold off since March. Support was 26p and now it should move higher. Even on today's move, it still hasn't broken it's pattern just yet, although the next few days will determine what happens. Alternatively it will range in the absence of any clear market direction.