Weekend Charts

A few charts here to check out over the weekend, as always comments/corrections welcomed and appreciated.

first up PFC,, not perfect fried chicken! Petrofac weekly.
Looks a little bit like Premier oil, a break and close above 964p should see 1055p, and possibly higher.



next, NMC health - NMC.
Looks like a bull flag breakout, wait for a new high above 1663p to buy, target 1739p area.



Astra zeneca - AZN
Looks long term beraish, main trendline should hold, maybe worth a long if the ris holds support, look to short if price and rsi breakdwon, mid term target 3750p.



short positions if 2417p (typo on chart) breaks down, mid term target sub 2000p



Vedenta - VED
Long term bullish, but a rsi bearish divergence, could well mean the good run is about to falter, look for shorts on close below the 20 day ema line, be flexible at the 50 day ema line, but a close below that level possibly add second short on break of 50 day ema line.


atb, happy trading,
as always, wdik, dyor.
trendfriend