FTSE 350 Stocks Antofagasta (ANTO): June Price Channel to 600p While some of the other mining sector giants such as Randgold Resources (RRS) seemed to head for the upper reaches of the stratosphere with relative ease, it can be seen on the daily chart of Antofagasta that there has been a crawl higher over recent…
There may be some of us who are kicking ourselves for missing out on the great 2016 rebound for mining and energy stocks. However, even though it is not exactly early days to try to get on board, there are some contenders relatively near to the low end of their respective ranges. Global Resources Investment…
Considering that the last pair of shoes I purchased was £29.99 at Top Man, it could be argued quite fairly that the Jimmy Choo proposition is not really something which I espouse. But then again, with the stock market, knowing when to separate business from pleasure is all important. Jimmy Choo (CHOO): Broadening Triangle Targets…
I am not sure whether the two Purplebricks “experts” on the home page of its website necessarily sell the concept or the company to me, but it is probably the case that in a buoyant housing market this does not really matter. What may matter more is whether the share price rebounds from the present…
A few weeks ago I bought a pair of glasses at Poundland (for £1, of course), but would have been better off not going to Specsavers and buying the shares as the company received a takeover approach. In the case of William Hill, taking a punt on the share price looks to be a better…
The housing market remains the big dinner party subject of choice, with the general conclusion being that it is a market which is a “one way bet”. However, stocks related to this market, such as estate agent Countrywide, have a rather more complex technical set up. Countrywide (LON:CWD): Above 220p Could Lead Back Towards 300p…
FTSE 350 Stocks Glencore (GLEN): Initial Ceiling towards 200p Shares of Glencore have lost some of the momentum of their great 2016 rally, with the question now being whether this is due to the market saying that enough is enough for the rise from under 70p. Also worth keeping in mind is the way that…
As far as British Gas owner Centrica is concerned, it may be the case that the saying “don’t get mad, get even” is the appropriate one. The question is whether getting even should involve going long of the shares? Centrica (CNA): Gap Higher Through 50 Day Line Targets 260p The recent trajectory of the daily…
It would appear that Thomas Cook has been in the news for all the wrong and tragic reasons in the recent past, as the tourism industry was hurt by the ravages of terrorism. But at least the latest newsflow, including the announcement of a hotels sourcing deal with Webjet, temporarily provides a respite. Thomas Cook…
It always concerns me when the mainstream media, in the form of financial journalists, start doing their own technical analysis/charting. Usually it concerns Heads & Shoulders, or Golden/Dead Crosses, but the latest manifestation is the RSI on the FTSE 100 hitting “overbought.” FTSE 100: RSI Sell Signal? It is difficult not to imagine there is…
