nlh7388

nlh7388 Updated 

I had a request to publish something on IAG. I already hold here so my charting might be a bit biased however I have endeavoured to do so without. For those that want some analysis: Find the highest and lowest price points. We can see a high in Jan last year, and a low in Oct. Draw a Fib retracement based on these points. Also draw S/R lines. We can also see...

nlh7388

Worth a try? Possible short. See chart for details. Any questions or issues please comment. Like and follow. thanks.

nlh7388 Updated 

Beginning with the downtrend from 23 July 2020, we have final support at 29 Oct 2020. Using the Fibonacci retracement, we can CLEARLY see the retracement levels being tested as support and resistance. Furthermore, a breakout has already occurred from 15 Feb 2021, suggesting bullish momentum, where retracement levels are being tested again. I'm not entirely sure...

nlh7388 Updated 

Hello fellow reader I'm posting my second idea on Gfinity. I feel the first lacked the proper quality and did not tell the story as I had in my mind. Please let's start over. We can see there is a clear uptrend from March 20. We can see the share price almost zigzags along said trend. We can also see the high on 26 Jan 21. I'm unable to have RSI set up on my...

nlh7388 Updated 

Hello traders This analysis is following up on my previous idea, which can be found in the link below. I thought I'd give some clarity on where the price could go, following the board's earnings release. I have included two Fib retracements. Firstly, from the ~67p peak last year to the low mid Sep at ~23p. This gives us a broader outlook of where the price has...

nlh7388 Updated 

From the chart, it can be clearly seen where trendlines are including support/resistance. We can see a descending horizontal wedge type pattern (sorry don't know technical name). Keep eye on next few days price action to determine whether downtrend resistance line breaks, indicating bullish reversal. Let me know of any comments. NB First chart publish. Total...

nlh7388

Tomorrow, Lloyds, the UK's largest retail bank, will release their earnings report. Investors will be eager to see how LLoyds' earnings have fared especially during the pandemic, but also compared to its peers, inlcuding Barclays et al. Additionally, as other banks have reinstated some form of dividend, shareholders will also want some of the same. This may be a...

nlh7388

On Fundamentals, in my view ITM is currently well above fair value, on 28th Jan 21 they released an earnings update for p.end 31 Oct 20, which states EBITDA loss of £10.4mln but having an mcap of over £3.2bln! (that's right!) I understand the hype of Hydrogen, but this is just insane is it not? Let's discuss if you think otherwise. Anyway, looking at the graph...