The UK housing market can be regarded as one of the largest real estate speculative fraudulent bubbles in the global economy, such as hong kong real estate, china estate market, Paris, new york, Florida, and California real estate markets. Hounding and Commercial real estate developers and real estate brokers are going to go bust, because they have leveraged their...
Occasionally we are asked by certain private clients of ours to analyze specific stocks. At times therefore, we find it might be useful to share these analyses to show all traders that certain structure patterns can also be applied to stocks and not only to currency pairs, indexes or commodities. As LSE:FOXT is one of the most relevant companies in the british...
looks like the R/R is to the upside but fundamentals are bearish
fundamental: price crashed from ~170 after brexit and an followed profit warning on Monday. It now recovered to 134 high and pulled back to 118 as of writing this analysis. FOXTON is one of the top real estate agents in the UK, it will be largely affected by the housing market. While the long term effect of the brexit on the housing market is yet known. I...