GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
OILEX LD ORD NPV, LLOYDS BANKING GROUP PLC ORD 10P, ASCENT RESOURCES PLC ORD 0.2P, VODAFONE GROUP PLC ORD USD0.20 20/21, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), BP PLC $0.25
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Following confirmation of a head and shoulders top pattern it looks like the price is moving up to test resistance one more time before I forecast the price will plummet to a target around 662, with a volatility stop placed around 855. This forecast is supported by high RSI.
Wait for confirmation of the price showing signs of dropping before entering this trade.
Britvic is buy for me from 804.
Price has held the 50ma on some decent volume with a nice break higher today just popping through the 800 level. Price could retrace from here slightly but I believe long term this is a sold company. Financials look good. If price breaks 820 we should have a clear run up from there.
After almost 4 years, and 5 touches of 780 (resistance), $BVIC has broken out. It's possible it can get to 1100.
I decided to take the significant profit on this trade even though it may be about to break to the upside. Just a feeling it has been too flat for too long and markets may pull-back after the "irrational exuberance" following the FED hike. Good luck if you are still holding.
BVIC has done well since publishing its results and announcing its latest acquisition. It could be making its way back to the September highs of 665p