Joevose

Joevose

It has been a while since I posted one of my plans for the week ahead and I've missed the process, this week I would like to share my Compass Group (CPG) set up which I think is a great long. Compass posted strong half year earnings on the 15th of May which was well received by the market sending the stock up to an area that has played a role as resistance in the...

Joevose

Following a weekend stroll through the UK stocks that I watch III came to my attention, the stock has a solid base after a move up and has been struggling to break 965 since July 2017. Around May 2018 the stock did have a huge burst through the level but wasn’t able to maintain it for very long until the support broke it became resistance again. Since then the...

Joevose

Similar to my last post BT has been having a horrible time and has been on a continuous slide since 2016, unfortunately for BT it seems as though they could be about to start another move down through the 213 level. Again similar to BA. we have a gap down which has been followed up by further weakness and then some consolidation at a level in this case support is...

Joevose

One name that I think looks really attractive or scary depending on the way you look at it is BA., this defence giant since posting a new high in July 2018 has embarked on a decent steep enough to give the most ardent roller coaster enthusiast week knees. After the massive move down the stock finally found some support at 450 before a brief bounce and is now...

Joevose

This week I will be keeping an eye on the UK based REIT SGRO, their main business is managing industrial storage units, the stock is within 3% of its all time highs and is consolidating nicely around the 662 level. The consolidation has been a bit all over the place for my liking and that skews the entry a little bit as I like to clear all previous highs with my...

Joevose

TSCO is also on my watch list for this week as it is currently attempting to take out the 230 level which has been resistance since October last year and before that was resistance turned support back in April 2018. TSCO has been getting super tight to this level and after a good sell-off from 230, the stock has put in three higher lows suggesting a buyers market....

Joevose

I will be keeping a close eye on BRBY this week especially the 1980 level which has played a role as resistance since the level broke back in October of last year. The price has been tickling the level for around two weeks but never had the momentum to break through, after the huge sell off an bounce back we experienced last week you'd have to guess that most the...

Joevose

This analysis is nice and simple but the potential move under pinning it is that great that it warrants further attention from the trading view community. The long and short of it is this, 1355 has been a major resistance in gold since 2013 with many attempts and consolidations under the level but never a meaningful break which has been maintained for higher...

Joevose

PPB's investors haven't had much to laugh about this year, not even their comical television adds could cheer them up, i'm sorry to say that from the looks of the daily chart the stock could be in for some more pain soon. After a tremendous run in may the stock has seen a lot of downside until finally finding support at the 6000 level currently the price is having...

Joevose

LSE:NG. A stock I will be keeping a close eye on this week is NG or national Grid a ulisities giant with a market cap of 29 billion, it is the largest UK provider of energy and has a presence in the US market. NG has struggled since May to break the 864 level and is approaching that zone again, ten day volume is massively below its longer run three month average...

Joevose

BDEV has tested the 5.78 level four times going back to the correction in feb of this year, it is the largest construction and home builder in the UK and posted beats on revenue EPS and raised dividends on its last report. Its ten day volume is less than the three month average suggestion that things have gone quite in anticipation of the next move, fellow home...