BUY OCADO TARGETING 449p 100% FIB RETRACETime to buy Ocado again as it looks to resume it's trend northwards towards £5
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Enwell Energy (LSE:ENW) - One for the watchlist.Enwell Energy (ENW) is showing strong technical signals, making it a compelling watch for those tracking the oil sector. Currently trading above both the 12- and 36-month SMAs, the stock's RSI and MACD indicators are trending upward, suggesting bullish momentum. The weekly chart positions it above the Ichimoku cloud, with potential to break into the monthly cloud on a sector-wide oil reversal. Fundamentally, Enwell scores an impressive 100/100 on Stockopedia, highlighting its robust financial he
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103x Return on Great Western Mining Corporation I think there is a good chance this is the bottom of the market for this stock.
With the precious metals bull market reigniting since October 2023 this stock has only declined further and many other mining companies in this sector have seen significant gains.
This is typical price action for a penny stock where there is no production yet.
I do however see there is a good chance the tide is about to turn and I now see a greater than 500 Reward to Risk ratio here with a 15% decline the maximum
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BUY DWL - SHORT TERM TRADING TARGET 58PShort term trade targeting 8% profit over the next two weeks.
Not the strongest technicals but better than what they've been for a long time with a track record of retracing back to the 20 DMA. This current signal is supported by hidden bullish RSI divergence and a SP cross over.
Hope you had fun with our previous shoutouts and good luck with this one.
DLong
Stock Selection: How to Tip the Tailwinds in Your Favour Stock selection is a game of fine margins but understanding a few key factors can tilt the probability of success in your favour. By focusing on these crucial elements, you can ensure that when it comes to buying stocks, you’re sailing with the prevailing tailwinds rather than fighting against them.
1. Don’t Fight the Market
Ever heard the saying, “a rising tide lifts all ships”? This holds true in the stock market. Favourable market conditions can make an average investor look like Warren
Education
Rolls Royce ShortFrom my previous post, I have now opened shorts with targets around 250~ partials taken along the way.
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BREAKOUT IMMINENT STILL LOOKING FOR THE REVERSAL PATTERNIt has squeezed itself into a better position to continue climbing and possibly gaping up. Other indicators also confirm this move
BLong
Rolls Royce about to peak? Expecting a sell opportunity at the 4.236 Fib Extension. Eye's on £555, my target is around £210.
Short
#BIRD LONGBuilt a nice Bull flag above Golden Cross - not much resistance apart from previous high of move.
BUY BUY BUY - no advice. #BWTFDIK
SSB
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CRDA - 3 months HEAD & SHOULDERS══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
══════════════════════════════
Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- sin
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BUY BUY TARGET 30PSimple fib retracement with bullish RSI divergence providing confluence.
Looking to target 30p for a circa 36% gain.
Good luck
Long
90R Trade + 1500% move on RBWA company with exceptional fundamentals.
Expecting the next major move up to have started now after a multi-year consolidation phase.
Long
9% up since we tipped it on the 27th of September....And more to come... Broke above a key line of resistance today during our latest bit of fun just as it did on the spike last week. Hopefully next week we stay above this line and turn it into a line of support.
Other notable signs pointing towards a continuation are decent RSI strength with someway to go before it's overbought, MACD trending bullish, STOCH sharply upturning from oversold and the share price has now closed above the 20, 50 and 100 day moving averages for the first time since th
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Currys PLC** investment opportunity **
On the above 12 day chart price action has corrected 90% since 2016. An excellent long opportunity. Why?
1) Price action and RSI resistance breakouts.
2) Price action on macro support and resistance.
3) Strong bullish divergence as measured over..
4) Some other stuff, will say elsewhere.
Is it possible price action falls further? Sure.
Is it probable? no
Ww
Type: Investment
Risk: <=6% of portfolio
Timeframe: Be long before the summer turns to Autumn
Return:
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Alpha Group - What next post-earnings and CEO sucession plan?My take on Alpha Group:
Alpha Group LSE:ALPH leads, in my view, as the UK's best FXRM firm, and institutional lending provider. What most lenders don't do is take a mixed approach - both expertise and technology when developing and implementing their services. From a macro perspective, Alpha Group provide stronger growth prospects than peers, as well as higher margins. They are continuously making large investments into their infrastructure, expanding their already strong platform. Analysts
ALong
Inverted H&STRADENATION:FRES.L completing massive inverted H&S?
Measured-move target of roughly $820.
#silver
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OCADO BUY REITERATION Earnings beat causes a spike above short term resistance, keep an eye out for support at this level over the coming days as next resistance will be circa 457.
A dramatic spike is usually indicative of the direction of travel...Add in that the RSI is surging, the price is coming of two consecutive lower lows, a gap up above resistance, preceded by a dojo close the day before.
Still looks good for breaking into the fives.
Long
STRONG BUY EASY £5 A SHARE COMING HEREAll aboard, no nonsence fib retrace action event.. buy now and target circa £5 a share or bearish divergence.
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FRES STONG BUY IMMEDIATE MONEY TO BE MADEPrice action rising from recent low towards short term resistance at 100 fib retrace level, with 728 to be next meaning full resistance.
Price action supported by hidden bullish divergence, increased metal prices and a rising earnings profile.
Action will be swift don't wait too long to buy.
Long
HE1 Outlook (12/09/2024) (Log)HE1 engages in the exploration and production of Helium Gas. As of present, it has been an extremely volatile AIM play, peaking at 25p and bottoming at 0.185p. Fortunes have been made & lost.
Now, onto the analysis.
I am NOT a fan of using log over linear, as I find it to be less reliable, hence most targets are based on the red horizontal lines, with the trend patterns as supporting evidence to inform/estimate intersections.
As of today (12th Sep 2024), I expect a pump to what I call the b
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Entain - fade the trendIt looks like we might have put in a bottom and about to start a move to the upside here. It’s likely to be short lived but the fact that we have reclaimed the POC (red line) suggests a counter trend rally. Also the fundamentals with increased revenues suggest an attractive risk to reward for a long trade.
Do your own research, not financial advice.
Long
Gold Fields Limited - Who benefits most from the gold rally? Key arguments supporting the idea
Gold is currently trading above $2500, reflecting a 36% increase from its low point last October and a 23% rise since the start of the new bull run in late February. However, the market has yet to price-in these astronomical gold price levels with gold mining stocks. We conducted a thorough analysis of the gold mining landscape and came up with a list of the companies that have the most potential in the coming year in our view.
We evaluated gold mining compa
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