BG.

BG group is moving sideways now. This is good if your long as sideways move helps a share to build strength.
Shares can't just go up .
There's also a 123 low forming and the signal will come once the recent top gets penetrated . Obviously this 123 low is just a confirmation for us people that have been in this from £10 area. I'm actually happy this has started to move sideways to down as shares that move really high to quickly usually drops just as fast. I'm hopeful that we have seen the bottom of this share. As long as the price does not fall below 1025 then I'd be happy with a correction.
This is a free trade for me now and my stops are below 1025 .Even if I get bailed out at that price I'd still be happy as its a free trade.
Obviously I want this to go a lot higher now and will look to top up on a breakout of the 123 low with stops below the 2 point.

Dyor

Geela,

It appears to be sitting on some "support" at 1072p. I still have some entered from 1001.5p and took profits today at 1079.5p so I felt comfortable with 1072p

If 1072p breaks I have stops at 1069p and buys set at 1051p.

I would be nervous of entering at this time because it is not at a real support or resistance level.

Good luck with a good entry

Looks like it can't make it's mind up about which way to go around 1073/1074? Still watching and waiting, Geela

I have support here at 1050p

I sold some this week to bank profits. I had an order taken at 1079.5p earlier. Have bought some at 1072.00p.

I am making sure I hold a few of these after reading Diver993's Chart with a 1932p long term target because there is a Bid speculation rumour.

Thanks for that Mome I had put in a limit order first thing pre-open but didn't get it; out and about today car in garage and about to pop to a funeral luncheon so just keeping an eye on this - would like to get back in at the right time, so also checking back in here to see what other traders doing.
I missed getting in when Remo first posted it in 990's got in in the teens as had to close another trade first.

Picking up on your figures Geela;
it made a top (temporary top?) this morning at 1081.
Now looks as if it’s setting up for a retest so we may have 1081-991 (lucky round number coming) = 90 x.618=55.62 from 1081=1025.38 with possibilities at 1036 or 1046.42, say 1046.50 for the next low.

(Just trying to confirm we’re reading from the same sheet as I usually add the fib % to the low number rather than subtract it from the high. I guess either produces the same result)

Waiting to go long for a hold on this but I’d prefer not to be taken back to the sub 1000’s again!
(Too slow to sell out at the top, back where I started. Looking to add to holding.)

Thanks for that little gem on the .618 r/t Jackozy. I never realised that before