Get started

Ftse100

Taylor Wimpey TW *GOOD LONG TERM BUYING OPPORTUNITY*Taylor Wimpey Analysis. Currently trading at more than a 54% discount from the current yearly highs and price is sat around 109/110 support zone. This price level was the very bottom of the lows seen during the 2016 sell-off. They have a strong dividend yield history paying over 9% and before covid-19 came on to the scene, their company financials were looking good. Revenue increased by 10% last year and their cash in hand balance is over 600m. Interest rates have been cut further last week and this theoretically will help to boost new home sales when we pull through the current market climate. It also appears that the construction industry is still firing on all cylinders with site works continuing until further notice.
LSE:TW.Long
by UnknownUnicorn772665
1
UK100As you can see, price has broken the downwards channel. Price is currently heading back down to retest the channel. One of two possible scenario's will take place; 1 - Price will break through, back down into the channel and continue downwards 2 - Price will reject the channel, thus reversing the current downtrend and will begin to make moves to the upside In this current market, anything can happen. We can only trade what we see and should never try guessing. I will wait for the retest and enter a position depending on how price reacts.
OANDA:UK100GBP
by ZS1
#FTSE100 #UK100 Falling Knife Buying Opportunity (Bat & Crab)Traders, it is usually a buying opportunity in markets when there is blood on streets. FTSE100 (UK100) is about to complete a bat pattern and crab pattern in a zone. This is a weekly chart but can give a good opportunity for a bounce up. Don't trade it for extended targets though. Hit the like button and subscribe if you enjoyed this analysis. Comment below and let me know what you think of this analysis and what is yours? I welcome all comments, feedback, ideas and sharing of knowledge. Have a great trading week!
OANDA:UK100GBPLong
by vikinsa
1
FTSE100 Already Provided Clues Of Market BreakDown Before COVIDLooking at UK100 monthly chart, it is evident that the market is ready for collapse before the outbreak of coronavirus. Covid-19 is just the stimulant needed to accelerate FTSE100 market structure breakdown. With L-H and L-L completed in September 2019, market structure for breakdown was long completed but most people (including myself) missed that... N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
FX:UK100Short
by BullBearMkt
5
FTSE: Bullish and bearish scenario explained.The UK index was strongly sold near the 7,730 Resistance this month and has so far reacted with a decline. This drop is so far being contained on the 1D MA200 (orange line). 1D has turned neutral (RSI = 47.582, MACD = 11.270, ADX = 21.739) which is normally an indication of support. Following the Golden Cross late in December, this sequence is similar with the last Golden Cross occurrence in April, 2019. Same pattern with a top afterwards, rejection and support on the 1D MA200. So as long as the orange rectangle (seen on the chart) holds, we are bullish towards 7,670 - 7,730. If the orange barrier breaks, then selling will most likely escalate towards the 7,000 1W Support. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
TVC:UKX
by InvestingScope
JD Sports Very Much Bullish!JD Sports has a good history of trending well as we saw from the trend between December 2018 to May 2019. Price became exhausted and went into consolidation from May 2019 to September 2019 and the breakout in September was the first indication of further trends to come, which is what we are currently experiencing. This has not been the neatest of trends but price has consistently been heading to the upside forming higher highs and higher lows. Price may become exhausted again and form a period of consolidation and in that case, we would just need to wait for a breakout to confirm a continuation of the bull trend. A break above £8.90 should see further moves to the upside and give us the opportunity to add to our already profitable positions. See below for more information on our trading techniques. As always, keep it simple, keep it Sublime.
LSE:JD.Long
by Sublime_Trading
3
GLOBAL INDEXES BREAKING-OUT? PHASE I-Pre EARNINGS(Ft.15 charts)Four Major Global Indices; Series on Equities- January 19th 20' Questions that need answers Plenty of good news last week (Chinese Growth ~6%, PHASE I deal, global bounce in manufacturing data, USMCA vote etc etc) . Many worries had been pacified ahead of earnings, so what is the price action in some of the major global markets? Spoiler , obviously due to the high correlation, equity markets are near break-out points globally . This idea is a continuation of my previous idea, which has been tracking the SPX extremely well in the past two weeks. The question is will the momentum run in the SPX continue to 3450? Based on this chart on global indices, in case a breakout occurs, SPX might over-extend even further to 3450. And then there's the earnings season.. US equities were the first ones to show signs of breaking out the 3000 range back in November of 2019. This means that despite the high correlation, equity markets globally have been trailing behind, and only now appear to show signs of breaking out. Before I get into the indices charts, firstly few important updates for the weeks ahead: 1. DXY appears to be breaking out of the wedge, attempting to come back inside the uptrend. Despite all the new liquidity that was pumped by the FED in their "Not QE" operations, the dollar seems to have regained strength post Phase I. Of course, this devalues other indices, but at the same time implies that the demand for the dollar continues. Two very contrasting factors that can be the difference between a bull run and a liquidity crunch. 2. TLT medium duration notes. Attempting to breakout of the downtrend, but without any success the past two weeks. TLT is a great inter-temporal hedge to stocks. And if TLT breaks out in the next few weeks, it might give a hint for a potential pause to the rally in equities. 3. Boeing BA, the elephant in the room . To keep it short, if BA's earnings are a debacle, this can really dampen the drive for equities in the short term. Getting the MAX back flying, it's the difference between SPX having positive and negative operating profits. Closing below 320, eventually 317, we could see a sell-off back to ~290. 4. IEMG . Emerging markets are breaking out of their rectangular formation. Still far from their all time highs. Emerging markets are the growth engine . Tariffs staying in place post phase I, certainly doesn't help. 5. NIKKEI 225 . Back to indices. Nikkei's current trend developments and targets. ~26000-27000 would be the optimal range in case a breakout occurs for 2020. 6. DAX 30 . Sentiment is lacking, but there appears to be a small bounce in manufacturing data. Of course, this is on the back of the expanded balance sheets, and the rally will last as long as the ECB keeps QE-eternity and the FED keeps the "Not QE" bill purchases. 7. FTSE100 . Post Brexit and post phase I, searching for a breakout. Expectations are that the BoE will provide an accommodating environment, perhaps with few rate cuts. Retail sales data isn't getting better, maybe that'll change if the expected fiscal spending increase takes place? 8. Stoxx50 . Pitchfork based on the usual fib. levels. Again, obviously high correlations, trailing breakout. 9. Stoxx600 . More importantly, the the index as a whole is doing much better. Practically has followed SPX500 without trailing. 10. FTSE MIB 40. QE accommodating environment largest beneficiaries are the southern European economies. Nevertheless, how can the stock market be breaking-out, after the economy practically had a mini-recession in 2018, and the economy has grown at 0.1 %? 11. IBEX 35 . Of course similar story to the FTSE MIB40. All the worries about the new socialist government, and yet here we are- a new rally. 12. SG30- Using Singapore, as a proxy to India cancelling all the noise there. The newest Cass freight index points out that the slump in global trade has continued despite the bounce in manufacturing. Singapore as a major travelling, a trading hotpot and due to the openness of the economy can give a hint of the actual strength and improvement in economic conditions. 13. OMX30. OMX30, currently forming a bearish wedge. Interestingly, Riksbanken had a surprise hike in rates back to 0%, despite the slump in manufacturing data(no bounce). 14. OMXPI. Overall the Nordics as a safe heaven have tracked SPX carefully. OMXPI despite the low volume, managed to breakout. Question is, is this a good selling spot or a trend continuation? 15. Russell 2000. Finally, US small caps. Many issues with them, one being over-leverage. 170 proved to be a great profit taking point on Friday, as I've suggested previously. To wrap up this extensive idea on global markets. Breakout areas are a great profit taking point. If we do not breakout of the current range, instead we might get a 5-7% correction. I wasn't satisfied with the deal, but that's a discussion for another idea. Banks had a satisfying performance last week, and looking ahead NFLX on Tuesday could give off some hints about the direction where the tech sector will be heading. As mentioned BA is the major one. Disclosure on their progress will be key to overall market return s. To answer some of my questions shortly, what I can say is, currently stocks are expensive, but are they overpriced? - Not as long as the "Not QE" program is supplying juicy liquidity that seems to be flowing directly to equities. The larger issue at hand, is that investors are becoming accustomed to QE as the answer to all of their worries. Underneath QE, there's practically no growth ; 2% with fiscal deficits rising and QE expansion, how can this mean that the US economy is sustainably growing? This is it for global markets analysis. Thank you for the support! Means that my effort is not in vain. Message me if you'd like to discuss ideas, charts. I'll try to answer in due time. Step_ahead_ofthemarket- ________________________________________________________________________________________ >>I do not share my ideas for the likes or the views. This channel is only dedicated to well informed research and other noteworthy and interesting market stories.>> However, if you'd like to support me and get informed in the greatest of details, every thumbs up and follow is greatly appreciated! Disclosure: This is just an opinion, you decide what to do with your own money. For any further references or use of my content- contact me through any of my social media channels.
TVC:UKX
by step_ahead_ofthemarket
7
Travis Perkins - Supplying profits and building accounts?Buy Travis Perkins (TPK.L) Travis Perkins plc is a United Kingdom-based product supplier to the building, construction and home improvement markets. The Company operates through segments, which include General Merchanting, Plumbing & Heating, Contracts and Consumer. Market Cap: £4.07Billion Travis Perkins has completed an inverse head and shoulders bottom pattern on the weekly chart as prices advanced above 1495p. The shares gapped higher on the outcome of the general election in the UK, rising sharply towards 1841p. The shares have consolidated in recent weeks to close the gap created at 1544.5p and we have now seen a break higher from a wedge pattern. This suggests there will be a continuation higher in price over the coming days and weeks. Stop: 1495p Target 1: 1830p Target 2: 2000p Target 3: 2330p
LSE:TPKLong
by Investamate