TPFG strong update and heavy volume at a key level.Big fan of this one on fundamentals, Property Franchise Group has grown its market share substantially over the past few years. I held for a while but took some money off the table around a year ago to fund other opportunities.
The recent trading update backs up the story. Revenue and profit both up 7%, with franchising and financial services doing the heavy lifting, licensing holding roughly flat. Solid numbers in a housing market that’s hardly been firing on all cylinders.
Worth noting the w
Weekly Outlook on Guardian Metals (GMET)Weekly outlook on Guardian Metals LSE:GMET
Took an initial position recently and added again the other day. Looking for GMET to be in the process of breaking out of the current consolidation in a wave (3) or (C).
More comments on the chart.
A few caveats:
1. Some of the projections I have put forward are based on estimates of uncompleted waves, once I feel I can anchor the next wave I will update the chart and recalculate the levels for the next wave, the chart is an evolving puzzle and
ANIC: price driven lower, buyers stepped inNegative sentiment is in full swing here, and Agronomics has been selling off hard since June. Very complicated one to get your head around, it’s an ‘investment company backing cellular agriculture and alternative protein businesses’ cultivated meat and precision fermentation’, just rolls off the tongue.
Worth noting the strong uptick in volume at the end of last week. Friday in particular, price sold off hard intraday only to retrace back near the open, a deep wick with a very clear rejection
MKS - UK Retail store LongPosting this a touch early.
Looks like a break out trade, so would be best to only really enter if price break 408.9 and retests it on daily/weekly. Rough example on chart with white squigle.
This chart is monthly so will be slow to start, if it does break out, whilst it reconfirms levels.
Uptrend after bottoming out with double bottom. A strong impulse up, now completing 1.5yrs of re-accumulation tight under a resistance level. Possible absorption of remaining supply.
Monthly MACD hidden bul
GRG - UK Food retail LongMeant to post this before the market opened but missed it.
Only enter if price reaches entry point, to reduce risk.
Weekly chart
Holding a historical price level.
Price broke out of an accumulation range, and back testing the break out. Easier to see on daily chart. Is now entering a fast price action zone.
Similar to Wyckoff Back Up move.
Bullish Divergence on MACD daily.
2 Targets
Stick to stop loss
BOKU breakout into thin air toward 139pBOKU has made a new price move here, pushing the boundaries from the previous gap down back in July.
Volume profile on the right tells you why this move has room to run, there’s very little volume sitting between here and the next resistance zone around 139p. Thin volume above means less selling pressure to work through, so a push toward that level wouldn’t be a huge surprise, though nothing’s guaranteed from here.
Worth flagging too, BlackRock’s been trimming its BOKU position steadily since
BOWL threeday consolidation on heavy volumeFirst on my radar this week was Hollywood Bowl. A strong and steady performer which caters well to its family audiences, I was a big fan of its competitor years ago, Ten Entertainment, which eventually got bid for.
Notable falls this week on decent volume with no news behind it as far as I can tell, and its the last 3 days which have caught my attention. The volume continues to pile in, yet it would seem the buyers have come steaming in causing the price action to consolidate for a few days. Ot
ASHM sharp dip then instant recovery on big volume.A nice looking bowl pattern forming here, price action has been very slowly tracking upwards.
Interestingly, when I added a note on the chart last Friday it looked very much like a tree shake. A large downward lurch in price, only to retrace on really strong volume, right before today’s earnings.
Is it a coincidence the results were so positive? Assets under management up 13%. Gross subscriptions rose 92% and redemptions dropped 20%. Pre-tax profit increased 17% to £126.9m.
Price opened lower
Britain Builds Steam Turbines Rolls-Royce Mini-Nuclear ReactorsBritish workers are set to manufacture steam turbines for Rolls-Royce’s planned fleet of small modular reactors (SMRs), in a move that promises to strengthen domestic manufacturing and reduce reliance on overseas suppliers for a critical piece of nuclear power equipment. Siemens Energy will produce the huge machines for the new generation of small modular reactors at its factory in Newcastle. The turbines will be used in the three Rolls-Royce-designed SMRs that are being built in Anglesey, as we
HWDN volume clustering at support makes this interesting.One for the swing traders here. A very long and drawn out trading range between 764p and 847p. Last Thursday was one of the highest volume trading days since May. It just so happens price also touched this previous support level, now the 6th time this year.
Note the white line marks the highest concentration of volume over that period. Worth watching how this one develops over the next week or so.
HEX buyers stepping in hard at the key levelI covered this one a couple of weeks ago, when it broke away from a consolidation area around 23p. That move looks like it’s become exhausted.
Since then, as price has approached that key level, we’ve seen buyers step in again. Price was rejected two days in a row as it tried to push below, both on very strong volume.
To add another layer of confluence, volume is heavily concentrated at this level. Some would call this a double bottom, potentially forming a W pattern.
Add it all up, and I thi
KMR repeated tests of 180p look like accumulation?This one could be my favourite setup from last week. I shouldn’t call it a favourite, I don’t like getting attached, but it certainly looks favourable from an accumulation point of view.
Price has tested the 180p level for around the third time now over the past three months. Looking closer at the last few trading days, we can see a few rejection wicks creeping in, with a wave of volume too.
Note how the volume profile is showing the most concentrated areas of volume here too. To me it looks l
BYG price anomaly on strong volume near support.Disclaimer: this is one I actually hold in my own long term SIPP. There was some M&A activity a couple of years back, when Lok’nStore was taken over by Shurgard. I figured Big Yellow looked like decent value at the time too, with solid dividends.
800p looks like a probable support level. There was a slight anomaly in price action last Wednesday. The volume was well in excess of the average, and price action showed a small sign of rejection. Could there be some large long term buyers here moppin
FRP Tight range suggests buyers quietly building.Next up is FRP Advisory Group. Long drawn out sideways price action, but FRP looks like it’s finally started to squeeze upwards over the past couple of weeks. The price has been flirting along the 120p level for some time, in a very tight range.
Because the price is tightening, I read this as more accumulation than distribution, but nothing is certain.
Looking at the volume profile since the price turned down, it shows the highest frequency of trades has also taken place at the current price.
Tesco — Downside Pressure Building Toward 430Tesco is currently displaying a fragile price structure, with the latest movement favoring the bearish side. The market is showing persistent weakness, and the prevailing setup suggests that the stock may have further room to depreciate before reaching the 430 target region.
The current price behavior indicates that upward recoveries are facing resistance, while downward moves are gaining greater traction. This imbalance keeps the selling scenario active and increases the probability of another
Standard Chartered — Buyers Driving Toward 2627Standard Chartered is currently presenting a favorable bullish setup, with the latest price action indicating that buyers are gaining stronger control and creating scope for a continued advance toward the 2627 target area.
The underlying structure is showing positive development, with upward pressure becoming more prominent across the recent movement. Instead of displaying sustained weakness, price is maintaining a constructive trajectory that can support another leg higher as bullish participa
British American Tobacco — Downside Path Toward 3920British American Tobacco is currently developing a bearish setup, with the recent price behavior indicating that the stock remains vulnerable to additional weakness. The prevailing market tone is tilted toward the selling side, while upward attempts appear unable to establish a convincing reversal.
The technical picture points toward a continuation of the downward sequence, with 3920 emerging as the principal objective on the chart. As the current formation unfolds, further depreciation could t
Unilever — From 5050 Breakdown to 4300Unilever has already turned decisively lower from the 5050 region, and the latest price behavior indicates that sellers are maintaining substantial control over the market. The decline has developed with noticeable downside force, keeping the near-term outlook firmly negative.
The present formation suggests that the recent fall may have further room to develop. Rather than showing signs of a meaningful recovery, price continues to reflect persistent supply, with bearish participation becoming i
HSBC — Buyers Eyeing 1818HSBC is presenting a constructive bullish structure, with price action indicating that the buying side has the potential to remain dominant and drive the stock toward the 1818 target area.
The recent movement reflects improving upside participation, while the overall structure continues to favor higher levels. Instead of treating the current advance as an isolated bounce, the setup points toward a broader upward extension, with 1818 standing as the primary objective.
Price has been building a
FTC big volume on a deep rejection wick clear interest here.Filtronic may be coming back on the radar again. It’s given back nearly all of the gains it made over the summer, which is typical for a high growth stock in a fancy sector.
Worth noting the recent spike in volume on a down candle with a deep rejection wick. Clearly there’s some interest in the price here. I’m keen to watch how it reacts if it falls back to that level. Any upturn back to the highs would offer roughly a 113% increase in price. That’s a reward worth paying attention to. Though I’
RTO - increased volume raises the question of who’s sellingRentokil Initial. Dive into the fundamentals and there’s plenty of negativity to get stuck into. Either way, price looks like it’s found a floor. I’m curious whether this could trade its way back up to 385p, around a 10.5% move from here. The increased volume traded recently suggests strong interest at the current level.
The market rarely reacts the way you’d expect. If you were an institution looking to reduce your position, wouldn’t you offload into strength? That way you’re not spoofing the
FUM (Futura Medical) - Oversold Gem or Value Trap?
🚀 FUM (Futura Medical) - Oversold Gem or Value Trap? 🚀
🔬 Bull Case
The market seems to be pricing Futura Medical plc based on the disappointing Haleon PLC rollout, but the story has changed. Futura has now secured a new US commercial partnership with Market Performance Group (MPG), which takes over US distribution and marketing of Eroxon®. This gives Futura greater control over branding, advertising and revenue generation in the world's largest ED market. 🚀🇺🇸
✅ New US distribution strate























