PXC in ascending channel out of consolidation zone no advice given
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.
BMN really looking for some sort of breakout indicator
Strong Elliott Wave structures from 2003, looking to complete the final 5th wave in the next 12 to 18 months.
LSE:SOS As my first post I thought I would post this as its an excellent example of the strategy I use. Using the Wycoff method I only trade price and volume, used together they can be incredibly powerful. The strategy is almost as simple as it gets, its gets rid of the clutter and keeps it simple. Please note Each of these notations on the charts are...
LSE:TGP Tekmar I find it hard to believe that this (fairly newly) listed green energy backing company has suffered such a beating - even with the Global Pandemic. There has been almost all positive news since inception and a series of growth figures and contract wins that quite frankly put a number of considerably larger companies in the sector to shame. With...
In volatile markets, traders can benefit from large jumps in asset prices, if they can be turned into opportunities. Gaps are areas on a chart where the price of a stock (or another financial instrument) moves sharply up or down, with little or no trading in between. As a result, the asset's chart shows a gap in the normal price pattern. The enterprising trader...
Update the chart this time without error The worst possible situation occurred and dropped to the range of 420
JET2 seems to react nicely to double kiss of the lower BB line. It's happened twice recently followed by nice rise. Goldybug is watching current JET2 activity as price has now double kissed the lower BB line for a third time. Could it be set to rise again. Goldybug likes drinking Bollinger and is expectingJET2 price to return to mean. Good Luck. Goldybug opinion only.
Possible Zig Zag looking to complete around the 50 to 60 region.
Following on from my published Jan 2020 idea (also VLS) and taking profits 6 months later at 12p (almost 6x gains) I'd say it looks like VLS could be just about done retracing here..... ..... time to re-enter and start scaling back in from 5p downwards. My 'gut' says we could dip as low as 3.75p (pointed out on the chart) by the end July - maybe with a spike...
We identified a bullish weekly candle in early march and started to average into the portfolios. This combined with bullish RSI divergence from oversold indicators has played out well so far (combined with some nice dividends in the interim). They are also acting as a nice hedge as I had hoped. Looking for 39 to start banking some profits
Continues to look poorly following my analysis a month ago (I sold all my holdings then). It is currently sitting on support and needs to bounce here otherwise I fear it will go a lot lower. (my hope so I can buy back in)
Technically the ETF is still consolidating within a continuation rectangle between 22 and 23.50 = bullish for holders. I will only look to cut my holdings below 22. One can look to add above 23.50, or wait for bottom of the rectangle hoping the support will hold? or potentially we also see a bounce here off the bottom of the channel. I am happy to continue...
Significant break lower which will be confirmed on a daily close. If it cannot regain the support level, 43 will be the next region to look for support. Only about 3% of my ISA but will potentially look to cut this afternoon if we don't see a bounce.
I've been averaging into Vanguard's fixed income ETFs for the past few months so glad to finally see some technical basing patterns coming through. A daily close above 37.85 confirmed the inverse head and shoulders and targets 39