National Grid

nice charts long term....

This is in a downtrend atm.....

It broken below the key 200 day ema line, and failed to climb back above....i cannot post a chart still, but i can draw them, and i'm seeing a 50 day ema line crossing down into the 50 day ema line almost imminently....next day or two...which i suggestive of longer term down trend....

combined with the nasty p/b on main markets....this should down more...

next supports are 775p>720/25p> 670p.

I think ideally bulls would wait for a close above the 200 day ema line...

atb, wdik, dyor,
trendfriend

National Grid Weekly

Another on my watch list, good dividend payer.





Looks to be right on support around 780.

I suppose I have to wait for the 123 to form now.