Last post: June 14th. See chart.
Review: Price was making new highs after breaking through resistance.
Update: Price has started to pull back and is heading towards the support area.
Conclusion: We will have to see how price reacts to the support level and wait for a breakout of the previous high before taking long trades.
Any comments or questions, do not ...
Last post: June 9th. See chart.
Review: Price had broken out but was below the psychological £20 round number.
Update: Price has continued higher and is now above the £20 round number and making new all-time highs.
Conclusion: We can look for an entry after a breakout of a previous high on the daily timeframe.
Any comments or questions, do not hesitate to ...
This stock is featuring for the first time on our TradingView blogs.
Current setup: Price has broken a resistance level but is hovering just above this level.
Conclusion: We need price to continue higher and also move above the £20.00 round number before looking for long trades.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs ...