Get started

UK100 CFD

Bellway - Building momentumBuy Bellway (BWY.L) Bellway plc is a major UK residential property developer based in Newcastle upon Tyne. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. Market Cap: £3.9Billion The medium-term trend is bullish on Bellway. The shares have corrected lower in recent weeks and appears to have found some support at 3125p. There was strong move higher in yesterday’s session and further upside towards resistance at 3710p is expected in the short term. Stop: 3078p Target 1: 3600p Target 2: 3710p Target 3: 3800p Interested in UK Stocks? Join our free Telegram channel for up to date analysis on the best main market opportunities in the UK right now - t.me
LSE:BWYLong
by Investamate
UK Market - Impulse move in the making.Two points of view are provided in the chart as two scenarios are both likely. Upside has a target of £10,000, Pivot level at £6,000 and downside target of £4,500. The wedge, price stalling and curvature of the price action up to the wedge, tells that there is a possibility for a rejection from a recovering bull market and into a financial recession. Fundamental data will appropriately explain and show which direction the FTSE takes. Personally neutral on this, both are likely in my playbook - however I think there's more reason for recovery and continuation upwards because of geopolitics more than technical analysis.
TVC:UKX
by LongForever
FTSE100: Double Buy Target.The index has broken above both the 1D MA50 and MA200 this week and 1D turned bullish (RSI = 57.795, MACD = 3.690, Highs/Lows = 85.3366) towards the 7,440 Resistance. It appears to be repeating the April - July sequence, currently being at the start of the final (and most aggressive) bullish leg. The obvious short term target is the 7,440 Resistance but in our opinion, and with the 1D RSI potential, if the 1D candle that breaks the Resistance closes above that level, we can extend the uptrend as high as 7,620. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
TVC:UKXLong
by InvestingScope
Compass Group - Buying the dip to the long term trend line.Buy Compass Group (CPG.L) Compass Group PLC provides food and support services. The Company's segments include North America, Europe, Rest of World and Central activities. The Europe segment includes Turkey and Russia. The Rest of World segment includes Japan. The Company delivers services in sectors, including business and industry; healthcare and seniors; education; defense, offshore and remote, and sports and leisure. Market Cap: £31.19Billion Compass is trading in a fantastic long-term uptrend and this is showing no signs of stopping. The latest correction appears to have found some buying support at the long-term trend line. We expect the shares to rally towards the upper end of the corrective channel before eventually breaking higher towards new highs. Stop: 1890p Target 1: 2050p Target 2: 2145p Target 3: 2250p Interested in UK Stocks? Join our free Telegram channel for up to date analysis on the best main market opportunities in the UK right now - t.me
LSE:CPGLong
by Investamate
AstraZeneca - Breaking from a wedgeBuy AstraZeneca (AZN.L) AstraZeneca PLC (AstraZeneca) is a biopharmaceutical company. The Company focuses on discovery and development of products, which are then manufactured, marketed and sold. The Company focuses on three main therapy areas: Oncology, Cardiovascular & Metabolic Disease (CVMD) and Respiratory, while selectively pursuing therapies in Autoimmunity, Infection and Neuroscience. Market Cap: £90.48Billion AstraZeneca is breaking higher from a corrective wedge pattern on the daily chart. The long-term uptrend remains bullish and a move towards new highs is expected. Stop: 6565p Target 1: 7465p Target 2: 7580p Target 3: 8000p Interested in UK Stocks? Join our free Telegram channel for up to date analysis on the best main market opportunities in the UK right now - t.me
LSE:AZNLong
by Investamate
RBS - Set to correct lower?Sell RBS (RBS.L) The Royal Bank of Scotland Group plc (RBS) is a banking and financial services company. The Company provides a range of products and services to personal, commercial, corporate and institutional customers, through its subsidiaries, The Royal Bank of Scotland plc and National Westminster Bank Plc (NatWest), as well as through other brands, including Ulster Bank and Coutts. Market Cap: £29.13Billion RBS appears overdone in the very short term. The shares have benefitted significantly form the rally in GBP over recent weeks with a 30%+ rally from the October lows. The shares have rallied into an unfilled gap at 247.4p, which was created on the 26th April 2019. This also corresponds with a 78.6% Fibonacci retracement level from the highs at 266.1p on the 17th April to the lows at 176.6p on 15th August 2019. The looks to be a reasonable level to take some short-term profit or initiate some speculative selling. The bearish looking candle on the daily chart adds further weight to the bearish argument. Stop: 250.5p Target 1: 232p Target 2: 217p Target 2: 197p Interested in UK Stocks? Join our free Telegram channel for up to date analysis on the best main market opportunities in the UK right now - t.me
RShort
by Investamate
Lets try something new...UK100 Short trade setupNormally I only trade Forex pairs and it has been a while since I last traded any indexes. But I was strolling through markets and saw this opportunity so I analyzed quick and opened a short trade @7216. My quick analysis The Market has reversed at the end of July and stayed in a Down Trend ever since. Now we can clearly see Resistance @7305 so that gives us a nice opportunity to go short and aim for a Lower Low. In this setup I used the Fibonacci Retracement tool to look for a TP level and found one @6992 (fib 0.618). The Market is already down -0.47% while writing this text so I don't know if there will be a good window of opportunity for long. My StopLoss is set @7336 I don't know what to expect of the duration for this trade but I have patience and confidence. Lets wait and see what happens!
TVC:UKXShort
by Cas4xx
1
UK100 Look For The Down MoveHello traders, We had a strong down move in the beginning of August which we have been correcting thus far and now I am looking for that continuation down to the 6700 / 6600 range. I will re-evaluate the action in the coming weeks to assess whether or not I think this will be the complete reversal and probably the inevitable recession or back up to break and make new highs (which I think will be the case by the way). Check out some of my other ideas posted under 'related ideas' down below. If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below. Don’t forget to like & follow. I will be posting forecasts & trade setups on a regular basis! Thank you, Good luck
OANDA:UK100GBPShort
by UnknownUnicorn852976
UK100GBP - Possible 10:1 Return Depending On Your EntryIt all starts with price action. After a loss of downside momentum we have made a new high (purple) which indicates some bullish strength. It has also completed a shark pattern at the 1.13 which is great, this shows a new high has been made, but we could be due for the pullback now, before a new high is made. I will be looking for this bearish shark to become a Bullish 5-0 on it's retest of old support (the bottom light blue zone is 5-0 buy zone) Another thing I like to see is if there is VOLUME at the price I'm looking to buy, which there is. We want to buy WITH the smart money, and they have been buying at the spot recently as well. I have also drawn the potential channel we could be in using a method I teach with three drives patterns. The dark blue line is an ABCD projection for where the possible New high could be. It is also a bearish 61.8 and Strong spot where sellers are sitting. My stop will depend on my entry signal, I'm looking for a butterfly or crab to complete in the blue zone, this could make a big difference. But 50 pips will be my maximum! I'm really looking to use a 25 pip stop. I typically go in a scalp these moves and hold them for the long term. I believe we are due for the dip/pullback because we just knocked out our previous swing low on the 1HR, momentum has shift to the downside on the 1HR. Also, keep in mind we have MAJOR MAJOR news for the EU dropping right around the time of this buy idea, which could be the catalyst we need to push price up. We are a long ways away from buy though, we need to see how price structure looks if it comes back down, things can change Enjoy
OANDA:UK100GBP
by elevatedinvestor