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MX OIL PLC ORD 0.01P, LLOYDS BANKING GROUP PLC ORD 10P, UNION JACK OIL PLC ORD 0.025P, UK OIL & GAS PLC ORD 0.01P, VAST RESOURCES PLC ORD 0.1P, WISHBONE GOLD PLC ORD 0.1P (DI)
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Last post: May 13th. See chart.
Review: A break and close above April resistance was required to confirm a trend continuation of the bull trend.
Update: The breakout took place, offering a long entry, and a new resistance high has been created.
Conclusion: Patience needed until the current May resistance becomes support.
Any comments or questions, do not ...
Keywords Studios has been going sideways since late last year and when we see
a period of consolidation that lasts for several months, we do not want to enter on the first breakout.
As you can see, the first breakout of consolidation in early March saw price return back into the consolidation zone.
This is classed as a fake breakout. What we want to do as smart ...
KAZ Minerals is a stock that gave us good profit in the bull run from 2016 to 2018. This was a stock that went through excellent periods of trend followed by extended periods of consolidation. That is just the nature of this stock but one that can deliver very good profit if given the time to develop.
We were stopped out of all our long positions in the pullback ...
Bull trend is still in place so far so the best probability remains to buy every retracement to follow the flow.
Always calculate the cost of the stop to properly size your trade (cost should not exceed 5/6% of your account)
Feel free to ask if you need more details about my trading tools and ideas.
This graph and comments can be updated during the european ...