BP PRICE FORECASTBP Plc operates as an integrated oil and gas company. It operates through the following segments: Upstream, Downstream and Rosneft. The Upstream segment engages in the oil and natural gas exploration, field development and production, midstream transportation, storage and processing, and marketing and trade of natural gas, including liquefied natural gas and power, and natural gas liquids. The Downstream segment refines, manufactures, markets, transports, supplies, and trades crude oil, petroleum, petrochemicals products and related services to wholesale and retail customers. The Rosneft segment engages in investment activities. The company was founded by William Knox D'Arcy on April 14, 1909 and is headquartered in London, the United Kingdom.
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SENNA SEASON
Value area tradingup trending value area
long trade entry at the bottom edge of value area
target control line
Boohoo BuyI mainly invest in ETF stocks and crypto for long term.
Christmas is coming, this looks like a good buy for the medium and long term.
I don't think it will hit go further than the long term support line, it could the trend line a bit, the uptrend looks good.
What are your thoughts?
Long Diageo Diageo has said it is starting the final phase of its share buyback, where it will hoover up to £640mln worth of its stock, last month the FTSE 100-listed alcoholic drinks group said it intends to raise its stake in East African Breweries to 65% from 50.03% but did not intend to make a takeover offer.
- Trading at 11.6 below fair value
- Earnings are forecast to grow 10.43%
- Pays a reliable dividend of 2.12%
Shifting value areaValue shifting from a big downtrend where sellers are in control
to a smaller up trend where buyers are in control
Value AreasThis is the footprint of the bigger money that move the market. Price is always seeking value between buyers and sellers.
The central control line in the value area is where the most trading takes place, it's like a magnet to price.
Price moves from one value area to another.
Trade the edge of the value area back to the control line.
Foxtons shares are going to be delistedThe UK housing market can be regarded as one of the largest real estate speculative fraudulent bubbles in the global economy, such as hong kong real estate, china estate market, Paris, new york, Florida, and California real estate markets. Hounding and Commercial real estate developers and real estate brokers are going to go bust, because they have leveraged their balance sheet of very cheap debt collateralized by inflated real estate prices. The housing market and commercial real estate market already are in multibillion dollars debt collateralized by negative equity and real estate brokers are going to collapse with the whole housing market.
Observing The chart of Foxtons the trendline of the share price, to investors these dynamics have been clear for some time.
PHE Breakout and RSI Positive DivergenceRecent breakout of PHE - 50% on Friday after announcement meeting can be found on IG trading or other platforms. I play about wih this looking for some channels but then realised the RSI positive divergece building - aims itself firmly at the next earnings report- how will it play out? are we looking at retesting the highs?
JET2 PLC LSE STOCK MARKET , at support, Long ?LSE:JET2
Jet2 like the rest of the aviation market had a terrible time performance wise due to covid and lock downs, price now at a long term support, i expect it to be respected and bounce from here, perfect place for a buy, fundamentals for Jet are great as well as the technicals which i have indicated in my TA.