Spiraz-Sarco Engineering Climbing HigherThis stock is featuring for the first time on our TradingView blogs.
Current setup: Price is trending up well after breaking out of consolidation.
Conclusion: This stock is looking strong and we can look for long opportunities following a breakout on the daily timeframe.
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Trendtrader
Ocado Producing A PullbackLast post: June 11th. See chart .
Review: Price was trending up fast after breaking out of consolidation.
Update: Price is producing a pullback. There is a strong support level underneath which consists of the previous resistance turned support and the £10.00 round number.
Conclusion: If the support level holds then it may present a pullback opportunity, otherwise it may be best to wait for a breakout of the recent high.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
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Alliance Pharma Now Trading Above £1.00Last post: June 12th. See chart .
Review: Price was heading up and approaching £1.00.
Update: Price is currently trading above £1.00.
Conclusion: We need to see if price can remain above £1.00 and once we see a pullback followed by a breakout, we can look for trading opportunities.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
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Rightmove Still TrendingLast post: May 27th. See chart .
Review: Price had broken the resistance level and was approaching the £50.00 round number.
Update: Price eventually broke through £50.00 and has gained momentum.
Conclusion: We can look for entry opportunities after a breakout of a previous high on the daily timeframe.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
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Bovis Homes Group Retesting Support AgainLast post: April 27th. See chart .
Review: Price had formed a head and shoulders pattern and was retesting the support level.
Update: Price has returned to the support level.
Conclusion: We need to see if price can hold at the support level. A breakout above the 27th May high will confirm a continuation of the bull trend.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
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Scottish Mortgage Investment Trust Rising FastThis stock is featuring for the first time on our TradingView blogs.
Current setup: Price has broken out of a mini consolidation and is moving up fast.
Conclusion: As the move up is looking strong we can look for an entry after a pullback followed by a breakout on the daily timeframe.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
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Hargreaves Lansdown Hitting New HighsLast post: June 9th. See chart .
Review: Price had broken out but was below the psychological £20 round number.
Update: Price has continued higher and is now above the £20 round number and making new all-time highs.
Conclusion: We can look for an entry after a breakout of a previous high on the daily timeframe.
Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!
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Alliance Pharma Approaching £1.00Last post: April 28th. See chart .
Review: Price had broken out of consolidation and was trending well following this.
Update: Price is fast approaching £1.00 where it may find resistance.
Conclusion: Once price breaks through £1.00 we can look for long opportunities.
Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!
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Fevertree Drinks Still ClimbingLast post: May 27th. See chart .
Review: Price had broken out above the resistance level and the £30.00 round number.
Update: Price still remains above those strong areas of resistance and continues to look strong.
Conclusion: We need to see a nice neat pullback followed by a breakout on the daily timeframe to consider trading opportunities.
Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!
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Ocado Moving Up Fast!This stock is featuring for the first time on our TradingView blogs.
Current setup: Price is experiencing a strong trend and does not look like slowing down.
Conclusion: As price has broken through a previous high on the daily timeframe it is looking good for a long opportunity.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
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Games Workshop Group Pulls Back To SupportLast post: June 7th. See chart .
Review: Price had moved above the resistance level and was also above the £30.00 round number.
Update: Price has now pulled back to the support level which was previous resistance.
Conclusion: We have to see if the support level can hold price up. We can then look for long trades when the previous high is broken on the daily timeframe.
Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!
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Burberry Pulling Back Briefly?Last post: June 1st. See chart .
Review: Price was starting to make new all-time highs and was looking strong.
Update: Price is still looking strong and is currently doing a pullback.
Conclusion: We need to see a breakout of the previous high before considering long trades.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
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Next May Be on the Way UpThis stock is featuring for the first time on our TradingView blogs.
Current setup: Price is above the 200 simple moving average and about to contest with the resistance level.
Conclusion: We need to see price break through the first resistance level then the second resistance level before looking for long trades.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
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Hargreaves Lansdown Breaks ResistanceThis stock is featuring for the first time on our TradingView blogs.
Current setup: Price has broken a resistance level but is hovering just above this level.
Conclusion: We need price to continue higher and also move above the £20.00 round number before looking for long trades.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
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GB Group Breaks OutThis stock is featuring for the first time on our TradingView blogs.
Current setup: Price is making new all-time highs and above the 50 and 200 simple moving averages.
Conclusion: We need to wait for a break of a previous high on the daily timeframe before taking a long trade.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
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JD Sports Overcoming HurdlesThis stock is featuring for the first time on our TradingView blogs.
Current setup: Price is still in consolidation but has broken a strong resistance level and is now approaching the next area of resistance.
Conclusion: At the moment we have to stand aside. A break of the next resistance level will confirm a continuation of the previous bull trend and at that point we can look for long opportunities.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
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Games Workshop Group Breaks Round NumberLast post: June 1st. See chart .
Review: Price was trading above the previous resistance level but was coming up to the £30.00 round number.
Update: Price is now above the £30.00 round number and looking strong.
Conclusion: A breakout of a previous daily high will offer us the opportunity to enter a trade.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
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Sopheon Looking Strong AgainLast post: May 25th. See chart .
Review: Price was performing a deep pullback after finding resistance at the £10.00 round number.
Update: Price found support at the 50 simple moving average and is showing signs of strength again.
Conclusion: We need a break of the £10.00 round number and the previous all-time high before looking for long trades.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
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Burford Capital Attacking ResistanceLast post: May 29th. See chart .
Review: Price was holding around the support level.
Update: Price bounced off the support level and is now approaching a resistance level.
Conclusion: We need price to break the resistance level before looking for long opportunities.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
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Dechra Pharmaceuticals Fake-BreakoutLast post: June 3rd. See chart .
Review: Price was approaching the resistance level.
Update: Since the last post, price broke above the resistance level but has failed to stay there and has now fallen back below that level. The breakout was a fake breakout.
Conclusion: We need price to break the resistance level again and stay above it before looking for trading opportunities.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
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Segro Continues Its AscentLast post: April 30th. See chart .
Review: Price was trending well after the cup and handle formation.
Update: Since the last post, price went into a mini consolidation but the trend has resumed again.
Conclusion: We can look for entries based on breakouts of previous highs on the daily chart.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
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Halma Just Keeps RisingThis stock is featuring for the first time on our TradingView blogs.
Current setup: Price is making new highs and looks strong at the moment.
Conclusion: As there are no resistance levels above price, we will be looking for entries on breakouts on the daily chart.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
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Big Yellow Group Pulls Back In An UptrendLast post: April 25th. See chart .
Review: Price had broken through a strong resistance level and looked bullish.
Update: Price is currently performing a pullback but still bullish overall.
Conclusion: We can look for trading opportunities if price breaks the next resistance level and the £100.00 round number.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
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