Savills Plc - Bull Pennant

This is doing really well

Follow up chart

Nice breakout here after all!!

Great call RC....

atb, wdik, dyor,
trendfriend

svs daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...m7X1gy8vl5XENe1zY%3D

That does look like a bull flag/pennant, and this has had a nice bull run....

however i'm not entirely convinced with this for longs atm imvho.....

it's failed to break and hold 800p so far, and the rsi is showing a bearish divergence, which may be a indicator for short/mid term weakness.
I think this is risky, it could go either way, on balance i think it's more bearish than bullish, and a gap fill around 700p looks like a decent possibility imvho....but having said that wdik....

atb, wdik, dyor,
trendfriend

Classic Bull Pennant

Long @ 779 (support line of pennant)