Hello all, welcome to my first time publishing an analysis of a stock chart. I began trading with stocks, and this one specifically I have held for about a year. I have dedicated most of my attention into trading cryptocurrencies, but I still hold this stock. I hope this information can be of good use to you. We have MACD RISING TO THE ZERO LINE(with plenty of...
As shown it appears to be half complete a cup and handle formation on mark new target at 9.67 ( meets long term Resistance line ) if cup and handle fully forms
Price action heads towards 1.44 for a test or the daily trend line and resistance at 1.44. Looking ahead we have BOE governor Mark Carney speaking on Tuesday and UK Manufacturing data out Wednesday and both can be seen as catalysts events to drive price above 1.44 or back down. Look out for each news event as equally appealing trading opportunities are likely to...