After 9 tests (!!), Fastforward Innovation breaks out. But...After 9 tests of resistance, FFWD breaks out.
But the pullback was very strong from the 30p high. Too much speculation at that time, and it's now at 18.8p
Can it get back upto 30p and move beyond?
PS: It pulled back to its 38.2% Fib level
Shares
$BON has broken out, but is in middle of a pullback$BON has broken out but is in middle of a pullback
It could also pullback to the 114 breakout line before heading higher.
Wait and see.
$CALL Strong bullish candle $CALL Strong bullish candle on today's results
Should help it rise above 176p
$OXB A six month consolidation before a bullish move this week.$OXB A six month consolidation before a bullish move this week.
Formed a symmetrical triangle with 3 touches on each side before the breakout.
Is $TSCO heading for a break out?Now the triangle has almost formed,
is Tesco heading for a breakout?
Needs some very good news to push it up though.
About to breakout?No break out yet, but it's building up to it.
Since Jan 2016, it's also made a rough H&S pattern
Reversal to the upside?
H&S in progress at $TLWH&S in progress at Tullow
Right shoulder forming now
Will it complete and break to the downside?
Wait and see.
Will $SFR rise upto 120Will SFR rise to 120 and make a second touch of its emerging trendline?
NB: Moving averages are in the right order, and it's safely above its 200 EMA.
$KOOV the bears are firmly in controlWhatever the bulls think, the bears are firmly in control and have been April last year.
Is $EZY breaking out of its trend channel?Breaking out of its trend channel?
Next few weeks will tell us the answer?
$IOF Bullish on positive Market UpdateBullish on positive market update
Minor risks for the timely opening of the new plant
However, looks like it could break its trend channel and head towards 19p
Wait and see
WMT | 5 REASONS WHY WALMART is First PICK for BLACK FRIDAYHere's why WALMART is First PICK for BLACK FRIDAY
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let us know what you think by commenting down below
make sure to give a Like if this analysis clear your thoughts!
Trying to profit from CLLN? Beware!Bottom fishers can profit once the initial selling has subsided,
but must get out before the share price resumes its
downward trend. Otherwise they'll be nursing losses for
a long time, or until the company turns itself around.
Will VOD break out of its triangle pattern?After today's results, will VOD break away from the Triangle pattern which has been forming since 2014?
On this monthly chart, it's still in an uptrend, so the answer is probably yes.
NOTE: RSI is not supportive though and shows divergence.
Will Strategic Minerals risde much further?It seems that SML is finalising a cup and handle pattern, which also contains a H&S pattern.
I think that represents a bottom formation and is bullish.
Wait and see.
Will TRAK break through 129pThe numbers refer to the chart:
1 - TRAK hit 200 EMA and horizontal resistance
2 - Broke through 200 EMA
3 - Met horizontal resistance
4 - Is this the pullback?
So, will TRAK break through the resistance or will it hold? Wait and see.
Can BP break its long standing resistance?After today's positive results, can BP break its long standing resistance at 518p?
A resistance that's been in pace since 2011.
It looks like this is the time.
Wait and see.
Good interim results sees BGO moving aheadAfter creating a cup pattern since March 2013,
BGO has every chance of moving much higher.
That depends on if it can profitably grow its business.
Is this a breakout from the pennant Northern Bear has formed?Is this a breakout from the pennant
Northern Bear has formed?
Wait and see.
