LSE AA weekly analysis. Looking for 50% and on to 61.8% re-tracement into weekly breakers, before continuation of bearish sentiment.
Anglo American short based on head and shoulders and accumulation on VPOC
Sky continuing bearish sentiment after a 61.8% retracement
Hi Everyone, there is a sell setup playing out here for BHP on the London Stock Exchange. We are waiting for the break of the lower trend line and then will watch it on a lower time frame for a retest and rejection. There is also a potential for it to bounce up to the top trend line where there would be another opportunity to sell although that would be higher risk.
Potential move up to complete the head and shoulders pattern. That could lead to a fall. At the same time, we could see price move back into value to the point of control, and even further. I do doubt we will see a large fall as the UK market has shaken off Brexit uncertainty extremely well. In this case, it is possible that 3000 could be seen.
Purely volume based technicals here. Upside at target stated in title. Would look for shorts in this area.
I have had BARC in my sights for a few months now and it is starting to pick-up. Will continue to see what happens from next week but we could see a bottom here.
M&S PLC BUY TARGET 435 The Major trend of M&S PLC it is showing strength for buying If it breaks the resistance level then one can initiate buying position in the stock. Resistance level of 426 Target of 436 with the Stop loss of 416 CHART FORMATION:- Stock is trading in a range and trading near the trend line. Breaking the support line will lead to upside...
ANGLO-AMERICAN PLC BUY TARGET 275 The Major trend of ANGLO-AMERICAN PLC it is showing strength for buying If it breakes the resistance level then one can initiate buying position in the stock. If it cross the level of 260 then it can test level for the target of 275 with the stop loss of 245 CHART FORMATION:- Stock is trading in a range and trading near the...
GLENCORE PLC SELL TARGET 156 The Major trend of GLENCORE PLC it is showing strength for selling If it breaks the support level then one can initiate selling position in the stock. If it cross the level of 66.90 then it can test level for the target of 63.90 with the stop loss of 69.90 CHART FORMATION:- Stock is trading in a range and trading near the trend...
STAN-CHARTD PLC SELL TARGET 156 The Major trend of STAN-CHARTD PLC it is showing strength for selling If it breaks the support level then one can initiate selling position in the stock. Support level 486.40 Target of 476 with the stop loss of 496 CHART FORMATION:- Stock is trading in a range and trading near the trend line. Breaking the support line will...
RECOMMENDATION SELL SUPPORT level of 1057 TARGET 1047 STOP LOSS 1067 CHART FORMATION:- Stock is trading in a range and line will lead to downside movement. Stock is trading near the 50 DMA with negative bias. INDICATORS:- RSI is trading near to 49.60 level with negative bias, in upcoming session downside movement is expected. MACD and Signal line is...
Newer to Stocks but want to share my ideas. Looking at a Buy position here on TSCO Targeting 261 per share and potentially seeing 269 per share long term