Trading

Zak’s Weekend Charts Round-Up

Zak’s Weekend Charts Round-Up

4 mins. to read

FTSE 350 Stocks Lloyds Banking (LLOY): Above 50 Day Line Promises 65p Zone It would appear that shares of Lloyds Banking, and the rest of the High Street majors in its sector have staged something of a fightback over the summer. This is so even though it is rather difficult to think of a decent…

Chart of the Day: Barclays

Chart of the Day: Barclays

1 mins. to read

It is perhaps somewhat difficult to work out why, or how the leading UK banks seem to be on the front foot as far as their price action is concerned, but perhaps the best thing here is not to reason why? Barclays (BARC): 200 Day Line Break Could Lead To 220p It may be said…

Chart of the Day: GW Pharmaceuticals

Chart of the Day: GW Pharmaceuticals

1 mins. to read

Gaps through the 50 day moving average are normally great momentum indicators. This is especially the case when a stock or market is towards the lower end of the range. In the case of GW Pharma we have a mid-range version of the genre. GW Pharma (GWP): 770p Trendline Target It may be said that…

Chart of the Day: Finnaust Mining

Chart of the Day: Finnaust Mining

1 mins. to read

It is usually the case that I prefer to look on the bright side as far as stocks and markets, especially as this tends to be the angle most private investors are most comfortable with. The question is whether with Finnaust Mining this is the best approach at current levels. Finnaust Mining (FAM): Wedge Formation…

Chart of the Day: Pantheon Resources

Chart of the Day: Pantheon Resources

1 mins. to read

On the face of it, at least from the perspective of a non oil industry expert, the decline in Pantheon Resources was overdone. However, it may be the technical / charting position which investors should take note of. Pantheon Resources (PANR): Key 80p Support Zone It would appear to some that the crash for Pantheon…

How to profit from Gold with a Binary Option

How to profit from Gold with a Binary Option

2 mins. to read

A binary option allows you to profit from a financial market going up, down or even sideways – all with a strictly limited risk and with small stakes. Unlike financial spreads or futures, you do not need to worry about margin calls and the most you can lose is the price of the option which…

Here’s where the Fed is getting things wrong

Here’s where the Fed is getting things wrong

1 mins. to read

The US interest rate is the hottest topic in global finance right now, and as a forex trader, however tedious it has become to continuously read seemingly ill advised predictions, it has become impossible to avoid. Everybody is at it. From bookmakers to Greenspan. Interestingly, everyone seems to have a different opinion. There are arguments…

Chart of the Day: UK Oil & Gas

Chart of the Day: UK Oil & Gas

1 mins. to read

Horse Hill has been such an epic story of billions of barrels, ramping, counter ramping, and intrigue that one would consider the whole situation as being a little too exciting for most small cap punters. Nevertheless, at least the charting position at UKOG looks to be improving. UK Oil & Gas (UKOG): 2.75p 2016  Resistance Line…

Zak’s Weekend Charts Round-Up

Zak’s Weekend Charts Round-Up

5 mins. to read

FTSE 350 Stocks Centamin (CEY): Above 50 Day Line Could Lead Back Towards 200p While Centamin has been a decent play on the upside as far as being a proxy to the Gold price, the reality of any proxy is that the volatility can mean that even if you are right, in the short term…