LIO is now at an area which should provide a spring board for the next move higher.
Looking at some key ratios reveals price is already offering great value here:
PE Ratio 7.7
EV to EBITDA 3.8
Dividend Yield 12.00%
We have the confluence of chart support and trend line support coming into play.
The meeting of these on a technical level usually provides...
I called for a continued uptrend in this UK stock back in January 2018 and things have pretty much gone that way. With the general euphoria of the last few days in the UK markets with a Conservative landslide now might perhaps be a good time to be a bit contrarian. Either that or get egg all over my face. This count suggests that we may have topped in wave 3 and...
This UK share is breaking strongly out of resistance going back to the year 2000 and this accompanying EW count suggests a very bullish outlook for the share. I haven't really tackled the count for this one on a shorter time frame and it looks like it may be due a correction any time soon but this weekly chart......
This UK share has broken decisively above resistance dating back to 2000 on my charts and this EW count is presenting a very bullish outlook for the share. As ever with EW there are other counts that might suggest that it is already completing 5 waves up but I am inclined to go with this far more bullish count.
