BLND: upside potenial?Rebounding from oversold territory.
A bullish trend is applicable above 449.50. Crossing below this level will negate the bullish trend.
Further bullish trend support above 459.50.
Crossing above 473.50 might target 497.00.
Crossing below 457.00 will be the first sign of weakness.
Might unfold as a similar price action as in March 2022.
BLND trade ideas
BLND (UKX) - EW analysis - bearish corrective cycle BLND (UKX) - It completed flat correction ABC or larger degree and now correcting down in some complex correction wxy or flat ABC like structure. The internal x wave expected to bounce before it moves down again.
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British Land symmetrical triangle breakout and gap fill at 760I expect British Land to break out from this triangle formation next week. Brexit selling in the short-term has been absorbed by value buyers. It's trading at a wide discount to it's net asset value. There is a gap on daily at 765-770 which should get filled and you could scale out there. Trix Ma is about to turn positive on weekly