Tullett Prebon 123

GG wrote: Hi Remo, I'm a nube so excuse me if I'm talking nonsense.

I noticed this 1-2-3 seems to be the opposite way round to the 1-2-3 low on your learning page. At least, the numbers seem to be in the formation of a 1-2-3 high. However, I do see a 1-2-3 low in there that looks like we have broken above the #2 buy signal.

Or, am I missing something?

GG

Hi GG
Thanks for Pointing that out to me.
I've got a bad habit of labelling them the wrong way round. Both ways are actually correct but it depends on individuals.
When I get some time I'll change it on the learning page.
Thanks for that.

Hi Remo, I'm a nube so excuse me if I'm talking nonsense.

I noticed this 1-2-3 seems to be the opposite way round to the 1-2-3 low on your learning page. At least, the numbers seem to be in the formation of a 1-2-3 high. However, I do see a 1-2-3 low in there that looks like we have broken above the #2 buy signal.

Or, am I missing something?

GG

Good spot from ftse80 earlier

Possible 123 low formed.OBV backing this up as well



DYOR

Another one to keep an eye on
-RSI and MACD oversold
-MACD about to cross buy signal
- Possible 123 set up
-good risk/reward ratio
I may go long at the break of 229.20, stops below 223.50, and target at 300