Trading

An introduction to Technical Analysis

An introduction to Technical Analysis

1 mins. to read

Too many people seem to have a blind faith approach when investing, and if a share continues to slide they hang on in the hope that one day it will rise. This can tie up money that could be better used for other opportunities and, for me, a major benefit of a trend/charting approach is…

Providence Resources: Triangle break targets 20p plus

Providence Resources: Triangle break targets 20p plus

1 mins. to read

There is nothing as frustrating, but ultimately rewarding, as calling the end of an extended bear run in a small cap stock. Providence Resources (LON:PVR) is the situation where we may finally see a decent rally. It has been a long wait for fans of Providence Resources, and one which may have felt all the…

Tlou Energy: Rebound at trendline support

Tlou Energy: Rebound at trendline support

1 mins. to read

Tlou Energy (LON:TLOU) has been typical of many of the private-investor favourite stocks which have turned up this year, and generally impressed. Of course, it is in the nature of the game that in the small caps space we are vulnerable to disappointment, and in some cases tragedy. But Tlou Energy looks to be one…

ASOS: Technical target heading towards 5,750p

ASOS: Technical target heading towards 5,750p

1 mins. to read

ASOS (LON:ASC) had first mover advantage in its online retail space, and it looks as though in share price terms we shall be treated to more of the same over coming months. It is usually the case that sharp broker target price hikes become the kiss of death for a stock, if not immediately, then…

How to trade seasonality with binary options

How to trade seasonality with binary options

3 mins. to read

“Those who do not learn history are doomed to repeat it.” – George Santayana We are often told that no one can predict the future, especially in financial markets, and we are also told that the “past does not equal the future”. Whilst there is some truth in this, I have to say that in…

Foxtons: Break of 50 day moving average points to 75p

Foxtons: Break of 50 day moving average points to 75p

1 mins. to read

It would appear that scrapping the lettings agent fee in the Autumn Statement is a move that will command broad support amongst the general public. Foxtons (LON:FOXT) is one of the companies in the firing line. The initial reaction in terms of the share prices of house builders and estate agents to the Referendum vote…

Tesco: Gap higher towards 260p
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Tesco: Gap higher towards 260p

1 mins. to read

I have enjoyed the dire share price targets served up by “leading” City brokers regarding Tesco (LON:TSCO). Indeed, it was always going to be a tough call for the bears to see Tesco at 130p or 135p when this was the lowest the stock has been since its crisis began a few years back. CEO…

Kennedy Ventures (KENV): Saucer recovery towards 8p

Kennedy Ventures (KENV): Saucer recovery towards 8p

1 mins. to read

Given that Kennedy Ventures (LON:KENV) is a company focused on the resources space, and that since President Elect Trump came on the scene early this month things have been under something of a cloud, it is all the more pleasing that the stock has held up. This is particularly the case given the way that…

Gold: The struggle for support risks another $100 drop

Gold: The struggle for support risks another $100 drop

1 mins. to read

Given that 2016 was the year of the great mining sector revival, the worst case scenario would be that the latest fall in precious metals brings that revival to an end. Ahead of the US Presidential Election it appeared that we had a good indicator of the result – better than the pollsters in fact!…

Majestic Wines: Strong bullish RSI divergence hints of recovery

Majestic Wines: Strong bullish RSI divergence hints of recovery

1 mins. to read

With Majestic Wines (LON:MJW) we have yet another of those big name High Street retail sector conundrums to chew on, both from a fundamental and a technical perspective. I have to admit that I was actually somewhat disappointed in the wake of hearing the latest update from discount alcohol seller Majestic Wines, where my initial…