Predator Oil Share Trades (PRD) over sold scenario
we have gone done too far and could be looking at a trendline bounce. Give it a few days for the most recent news to digest before investors will be looking to re enter at these low levels.
As we approach the upper band of the channel we can start to anticipate a break . Backed by increase of volume we could see the SP break out shortly . I Will keep a close on on these shares and look for a possible entry. Aggressive traders will be looking enter now. Target 1 would be around 8.5 with target 2 around 15.
Confirmation of a breakout above the range detailed earlier is encouraging, combine this with the aroon crossover progressing as expected means we are on track for a 20pps rally. Confidence now sits at 90% based on the chart. I have left the previous lines on to show that this is conforming to the chart pattern I have detailed
Premier Oil a UK oil contractor, doing well recently with OIL beginning to regain lost ground since covid. appears to have made a double bottom. technicals dont always work in your favour in Shares but its looking likely to my eye and as such has earnt a small percentage position in my stock portfolio.
Now Brexit is done and over (pretty much), US FED to turn the printers on for a couple more years yet and UK on WTO terms. UK looks like a good time to buy UK Indexes, clean energy, and the pound sterling (GBP/USD)
So they had a death on the vaccine research and look to be forming a head and shoulder pattern which is typical of a reversal in price, how come the news always comes so in time? the markets are so fascinating.
over the weekend cineworld announced closure of i believe all 158 of its cinemas here in the U.K. so this is no doubt bringing volatility to this stock come london session, the question is what way will the stock go. you may say silly question, but the market can induce. maybe wait for breakout of consolidation. we also have a cross of the handy rvi which signals...
Aston martin has experienced a hell of a crash from IPO, but you cant ignore the bullish potential here in my opinion. price has been in a squeezing formation since corona panic selling. the recent handle of the cup and handle acts as pullback after trendline breakout. price has maintained price at 55p and had 1.3m volume at Friday 4.25, 5 mins before close. a...
A big move today for Cineworld.
I checked lse.co.uk this morning and saw the daily % gain, guess what - our strategy had already signalled the buy.
This is a very powerful tool for investing or cfd trading stocks too.
Last buy trade hit our TP3 for 1:3, new sell signal has formed.
For more information on our strategy please view our 'Scripts' page on our Trading view profile.
Our V2 strategy shows the SL and multiple TPs on the chart too - these are customisable based on the ATR of each pair.
We have set these so that TP1 is 1:1 TP2 is 1:2 TP3 is 1:3 RR.
There are infinite...
Sometimes only one line can tell us a lot more than we think about the technical scope.. There isn't much to say about #WIZZ, I think there is a new risk of a big drop at any moment, unless the stock price is permanently above the line.. Also, due to the pandemic disaster we are experiencing, the air transportation industry has been in a very difficult...
After the big drop, we see a recovery in the price of the stock.. At the point we have reached, there are indications that the positive outlook in the stock will continue..
First of all, when we look at the daily chart, we see that the downtrend has broken upwards and the price is below ma20.. Also, the RSI is now above (42) reference values, which seems very...
London Stock Exchange plc reports FY17 Adj Op £812M vs exp £828M, Rev £1.77B vs exp £1.93B
- Organic Rev 10% y/y
- Capital makrets Rev £391M, +6% y/y
- Dividend 19% increase to 51.6p/shr
Could be a test of the recent value are look out for support levels as there has been a miss on expectations