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possible 123 low formations

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7 years 4 months ago #15487 by Trendfriend
Bodycote. daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...HtSTLkXzbrlUmFvMw%3D

this one could get a bit more of a bounce from a oversold level...but 875 looks ike the great wall of China here imvho...

atb, wdik,dyor
trendfriend

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7 years 4 months ago #15484 by Trendfriend
ezj - weekly.
uk.advfn.com/p.php?pid=chartscreenshotsh...FxSFPkqBVHzXc4l7s%3D

yes Food, i agree the setup is mid to long term bearish here imvho...however a pivot level around this 1150p/1175p area is providing support...

Once that goes the main trendline is around 1100p (ish)....if that goes this could get nasty imvho...

a bit of a bear phase limited rally to get that rsi back up from oversold looks possible for now...then down again i think...

atb, wdik, dyor,
trendfriend

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7 years 4 months ago - 7 years 4 months ago #15483 by Food4Thought

ezj will hit ~1,000 before we get any meaningful appreciation imo
Last edit: 7 years 4 months ago by Food4Thought.
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7 years 4 months ago #15482 by svg123
Replied by svg123 on topic possible 123 low formations
Will be nice to see this in charts for learners like me.
Thanks in advance
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7 years 4 months ago #15481 by remo
Here are a list of potential 123 low formations .
for current week .

Bodycote
burberry group
easyjet
fidelity china
howden join group
intl consol air
Intertek group
rightmove


some have broken out already.
sorry for not posting chart but am really busy. if I get a chance latter ill try...
remo
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