FTSE100 - UK100 - Can Meet Last Year Levelin last 12 months many things happens in Economy Covid-19 and Politics. Economy need to run and can see life more normal. UK100 can see last year level 7200 to 7600.
Ukstock
FTSE Has Completed RetraceThis has retraced as expected to previous resistance and 0.5 Fibonacci. I will be waiting to see how this develops before entering a long as this could drop further, watch for the EMA's to cross back over or come very close to. If the price does hold this level then a target TP can be 7031.
PREMIER OIL ANALYSISPremier Oil a UK oil contractor, doing well recently with OIL beginning to regain lost ground since covid. appears to have made a double bottom. technicals dont always work in your favour in Shares but its looking likely to my eye and as such has earnt a small percentage position in my stock portfolio.
AstrazenecaSo they had a death on the vaccine research and look to be forming a head and shoulder pattern which is typical of a reversal in price, how come the news always comes so in time? the markets are so fascinating.
KOSMOS ENERGY LTD ( KOS ) analysis about risingNYSE : Kosmos Energy Ltd - KOS analysis about rising
KOS H4 chart
Indicators and oscillators positive
Positive volume
Price movements on the top band
In this case, the continuation of the rise can be expected
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
PS make sure you give me a like, If you LIKE this analysis .... If you like most of my analyzes, FOLLOW me .
You can see the overall status in the following monthly chart
KAZ Minerals Firmly Range BoundKAZ Minerals is a stock that gave us good profit in the bull run from 2016 to 2018. This was a stock that went through excellent periods of trend followed by extended periods of consolidation. That is just the nature of this stock but one that can deliver very good profit if given the time to develop.
We were stopped out of all our long positions in the pullback from earlier this year. Since then, price has remained in consolidation and is now on its way to entering its 7 month of a being a range-bound market.
Market conditions now dictate that we stand aside from this stock whilst the bulls and the bears battle it out for supremacy and determine a trend direction. There is no edge in range bound markets but many are often lured in to trade in the belief that trading areas of consolidation is easy. Simply go long off support and short off resistance. If only it were that easy. Periods of consolidations are notoriously difficult to trade as they are made up of multiple levels of support and resistance which can cause whipsaw moves in the market that can take traders out and cause premature losses.
Trading is definitely not easy. It certainly is not as difficult as many end up making their trading but anyone who thinks it is easy will soon have their ego put in check. There will be the odd person who slips through the net and gets away with over-leveraging trade after trade in what just so happens to be prime conditions. Most will not be so lucky.
The correct expression is "trading is simple, not easy. " The best and most profitable techniques are the simple ones but growing trading accounts is not as easy as many think. One of those techniques is simply understanding that growth is made during periods of trend and protection of money is done during periods of consolidation. It is a time-tested formula used by the best for decades now.
With KAZ Minerals, we are now waiting for a breakout. As the trend was bullish prior to this current lengthy period of consolidation, our bias is with a breakout to the upside. Ultimately, it does not matter as we as traders have the ability to make money in both directions.
It is down to the forces of the market to dictate a breakout, wait for optimal environments in either direction and we then react accordingly.
For now, there are far better opportunities presenting themselves in FX such as on the USDJPY . It seems like, finally, FX is where the money is.
Sublime Trading
