JMAT is currently in a tight consolidation ranging from 2894 - 2983, I am expecting this to continue for a few days and then for the price to break resistance @2983.
My game plan would be the following:
Last post: April 19th. See chart.
Review: Price was approaching the resistance level from the April 2015 high.
Update: Price is now above the resistance level.
Conclusion: If price can remain above the resistance level then we may see the start of another bull trend in this stock.
Any comments or questions, do not hesitate to leave them below. Give us the ...
As shown on the chart it bounced off lows & headed towards a bullish cross
An interview with CEO triggered a bigger volume due to lack of PR since IPO.
Revenue growth is quite spectacular compared to many other AIM companies.
I first bought after IPO at around 5.5p-6p & sold at 7.15p, I have then re-bought again last friday at 4.45p
Lots of research around ...
BKG Has formed an inverse head and shoulders pattern with a resistance of 3751. There's also been some tight consolidation leading to a breakout, which is over the 50 day SMA. 14 day SMA was acting as resistance but is now support and the 7 day SMA is making a bullish move and almost taking over the 14 day SMA.
My game plan would be the following:
Trigger Price: ...
Coca Cola' stock has recently been reduce in October and is forming a new resistance @ 2482, if the stock continues to have a tight consolidation range of 2418-2482 it can could prove to be a good buy.
If it does continue my game plan would be the following:
Debenhams will be going into overbought conditions soon and there will be the opportunity to trade the pullback. So look out for confirmation of the pullback beginning in the next few days and short this stock when the price starts to drop. It should not go higher than the 50 day moving average so I would suggest putting your volatility stop loss there. Good ...
As seen on chart I'm very bullish in the momentum rise to come here till late Feb when drill happens.
88E always been a great trading company ahead of drills in the past & will be repeating very soon once permit lands next week or so.
T-line crossing 20ma = bullish
Bounced off big support as previous resistance level.
Chart looks primed & not much downside for a ...
Possibly one of my favourite stories on the market at moment.
My biggest holding in a FTSE stock since I started investing/trading.
Newsflow to come on Colter & new assets.
T-line about to cross the 20ma & waiting as well on RSI break-out
my entry was 4.2p & 4.5p, it is a stock which has a 10x potential if you are prepared to wait.
Patience will be rewarded ...
Aviva had a tight consolidation period in the range of 361.9 - 387.5 and has recently broke out of the resistance. This should continue to keep on moving in a bullish pattern so my game plan would be the following:
An ascending wedge pattern has emerged on the daily DGE chart, there's a clear line of support from the past months in this stock which has recently been met which will result in the price going higher as this stock bounces off support as seen in the previous months. Once it continues to rise it will be facing the resistance level for a third time at 2873.0, I'm ...
Price closed above t-line and for me that is very bullish, also bullish divergence on T3-CCI & stoch turning towards upside
there is still a possability that it will drop back a bit but I will try and add to my holding if it does.
My sales are only told within my Discord group so if you are keen to join (there are rules within) please DM me on twitter.
Price has a number of well defined historical boundaries. Firstly it is very respectful of the Bollinger Band bottom, top and mid. Se one we have a horizontal support atound 2800 carved out covering the full year 2018. This horizontal could be interpreted as a "neckline" as the overall chart structure resembles a large H&S, this line breaking would be bearish/a ...
Price has broken down quite consistently with the main FTSE indexes in this case since around September - although topping and divergence now seen much earlier.
Price has fallen to quite a long term trended area of support where it has responded positively - this I feel is consistent with a horizontal test of the large monthly candle in 2017 where the price rose ...
Price has held £7.30 area for around 6 weeks during the very intense selling from world equities. This area represented a gap to be filled dating back to 2017.
There is a further gap lower for those hoping for an even better entry. It's possible the price could hit this area but increasingly unlikely given duration of support at £7.30 (obviously further pressure ...
Although I tend to favour fundamentals for stocks like this, since this share has been bleeding for the last 6 months, I've been messing with some TA, in an attempt to see where it might bottom and start to move upwards again.
The down trend is coming to a head with the wedge also now meeting historic levels of support and seeing in an increase in resistance in ...