EXPN - 123?

WR2,

This should be good to at least 1127; this being a 100% extension of the recent move up from 1038 > 1093. It may well go higher before a pullback - there is more resistance at 1142; but I will take profits at 1125 and be happy


dl.dropboxusercontent.com/u/7238706/Expe...%20PLC%20%28-%29.png

Hi WR2,

This is in remo share tips for this week as a possible 123-low breakout if price breaks 1093p. I've put the high rice trendline on the following chart as well as closing prices. There's also a bullish divergence in RSI but not MACD so signs a bottom might be in but not confirmed. Note that there was a 123-low earlier but this failed and formed a new low later. This can happen often as the pattern can be just a corrective move as well as the start of a new trend.

On this one, if it breaks 1093 I'd be watching to see what happens at the RSI downtrend resistance and price downtrend (from the high prices line); if RSI had broken out before price gets to its TL then it may be worth holding otherwise I'd sell the resistance.



dl.dropboxusercontent.com/u/20815047/FTS...XPNdaily18_02_14.png

Any technical analysis will be highly appreciated

dl.dropboxusercontent.com/u/4385922/EXPN.png