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
*The falling wedge is done. (Bullish Trend Continuation) *
* Validated with 38.2 Fibo Retracement.*
*Unusual heavy volume starts to kicked in.*
*Breakout is unfolding and 12.00 level would be a good take profit level.*
Looking at a possible long on ASCL. We saw strong rejection from just above the 300 area which coincides with the 200ma. Financials look good. The only concern I have is the move up was on weak volume, could be a bull trap so ideally I want to see a further move up on high volume.
The perfect scenario would be another drop to 310 area where we could see a bounce....