GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
CANADIAN OVERSEAS PETROLEUM LIMITED COM SHS NPV (DI), ASCENT RESOURCES PLC ORD 0.2P, LLOYDS BANKING GROUP PLC ORD 10P, OILEX LD ORD NPV, UK OIL & GAS PLC ORD 0.01P, PREMIER AFRICAN MINERALS LIMITED ORD NPV (DI)
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
Oversold; potential for large gains.
Hold till channel resistance/an overbought RSI .
Place stop loss at 138
Risk/Reward ratio: 3
TALK is currently breaking from its trendline with a close above 176.5 giving a 123 low, RSI has already broke through resistance line, we can presume price will follow.
The risk reward at these levels looks solid for either a longer term or a shorter term swing position in the stock.