We see a very important break in the resistance then very likely to even a pullbuck before starting upwards
GGP is it a mage breakout on the cards? I have only an idea no advice given
SMT strong ascending channel no advice given long hold for me
#OMI triangle breakout no advice given looks bullish to me
Double trend line resistance cleared Daily 50-EMA and 200-SMA cleared 14-day RSI testing resistance, possible breakthrough Trade Levels: Buy at current levels, 148.00 or better Stop: 139.00 Target: 164.00
ATALAYA - an update Tip: STRONG BUY Current price: 311.25 Target price: 1000 Bullish points: - Expansion plans - Strong balance sheet - Demand for copper is rising - Copper market in deficit - Lowly shares valuation - Strong ESG credentials Bearish points - Chinese commodity crackdown could hurt copper price - Expansion execution risks - Litigation...
LSE:XLM I like the volume reducing from the left to the right of the chart from the past few weeks on these topping candles. Price has clearly been rejected every time, but the volume is also coming down. There is also the rising lows, gradually moving upwards. For me if there are professionals building positions here it looks like the supply is starting to...
Lowering expectations for ARB. Seems that this level for ARB is correct when $46k BTC. Historically ARB has traded here when BTC was at $46k, with one time being much higher. Would suggest that BTC reaching previous ATH would put ARB at around £2, not reaching historical highs. Of course other factors could trigger a better return on ARB from here.
This stock is unusual because it concentrates on FCF rather than profit. Hence the news that non-cash losses were higher drove the price down notwithstanding the FCF profit and yield. It looks like that may be over now and its on its way back up.
ATALAYA Tip: STRONG BUY Target price: 900p Current price: 310p Bullish points - Strong copper price - Copper market is in deficit - Transition to EV’s and renewable sources of energy to increase demand - Expansion plans - Lowly shares valuation - Net cash - Strong cash conversion rate Bearish points - Litigation issues - Expansion execution risk - Copper...
Hello ladies and gentlemen, according to my LAND chart, I am currently recommending a short sale of LAND stock as there is a high probability of reaching $693 in the next few Days.
Ive always been interested in how Lloyds seems to trade in 25p blocks between 25, 50 and 75 pence. We presently see price running into the 50pence level which has been a strong level in the past. So for me we need price to get above 50p and hold above it before I'm convinced that it has further energy to move towards 75p.
SEGRO Tip: Hold Price target: 1250p CURRENT PRICE: 1245.5 Date: 8th of August Bullish points: - Robust rent collection rates - Disposals have been at a significant premium to carrying value - Rising rents - NAV has been rising - Tenants benefit from the shift to e-commerce and even helped by the pandemic - Clean balance sheet - Increase in dividend -...
Friday RNS gave MM's the perfect excuse to revisit the wedge. MACD still positive. RSI took a breather. Need to break that 0.25p resistance.
Head and shoulders formation developing here? Already 25% invested to take advantage if it bounces/reverses at first support level and resumes uptrend - in for the longer term here as this story has plenty of room to develop - targeting 50% profit take @ 1500p (£15) per share minimum. Early institutional investors selling/profit taking - huge volumes yesterday...
Ironridge Resources is a stock ive watched for a long time and I now have a long position in the stock. We have the following confluences; Price breakout from descending parallel channel Breakout confirmed by Channel kiss (rejected move back into the channel - see 20th - 30th July) Volume has dipped slightly by clearly shows rising 20MA volume - again...
LSE:VCP Huge amount of volume coming in here, yet the price hardly went up. This could be suggesting the volume of trades gone through has been absorbed by the sellers? Small upper wick also indicating weakness as well as the day before. Watching this one closely for a breakdown in price, not setting a target here, may be just cover with a tight stop.
Now they have achieved commercial production and in an environment of rising gold prices, the PUR stock price is looking to breakout of a downward pointing wedge technical pattern. This is a good buying opportunity.