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LLOYDS BANKING GROUP PLC ORD 10P, VODAFONE GROUP PLC ORD USD0.20 20/21, MX OIL PLC ORD 0.01P, VAST RESOURCES PLC ORD 0.1P, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), UK OIL & GAS PLC ORD 0.01P
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The rate retested the broken uptrend line and now is located much below it. valid breakdown below the 0.00017750 level and below the sliding line (sl) will confirm a further drop on the Daily chart.
This is an experimental call and will require fairly tight stops. however, I've been watching ubq on the daily and a bull flag is currently forming, from the bull flag I can make a prediction on where the price can fall.
I try to keep these calls realistic so, I'm not going to kid you into believing this will be a "omg %10000 returns" as you see so often ...
Waiting for a pullback into the marked box to complete the C wave of the correction, then we should see a move up towards the ATH.
Ideas on the chart. Thoughts welcome.
Daily Stoch RSI is bottomed
Still in downward trend.
Better to wait for trend reversal or buy as close as possible to the yellow box with the stop loss just below the red line
They say an ascending triangle has got to touch at least 5 times.
like this. https://uk.tradingview.com/x/x27pv12a/
but which way is it going to breakout?
UBQ in buy zone