Haven't been trading much lately, and been busy so not been able to post much.....
Not trading any longs atm tbh.....just holding my Gold long stocks atm....
Just some charts here with possible and potential trade ideas....no time to upload the chart, just the links for now.
Aviva.
Looks a H&S top imho....Look at shorts on close below 410p.
uk.advfn.com/p.php?pid=chartscreenshotsh...6mLcJdoYKjVIKlHyA%3D
Tesco.
This looks a bear flag breakdown imho...
The best place to short this was at 160p area, this does now have a support at 150p.
If that levels breaks down, this should make its way to 140p area, or wait for a rally upto 160p to short.
uk.advfn.com/p.php?pid=chartscreenshotsh...R8jZ9owX2vjfriiOtQs=
I'm long on the next 3 stocks, so some bias to take into account.
Highland Gold.
uk.advfn.com/p.php?pid=chartscreenshotsh...7rePPP82U/SKUg766u4=
This looks like a bull flag breakout to me imho...
A separate channel give a possible 120p area target, this looks bullish to me, but its already had a good run.
Acacia. (weekly)
uk.advfn.com/p.php?pid=chartscreenshotsh...VhnL3DoWfkbpbXPt0%3D
This looks like a bull flag as well. Its trying to break out....
Centamin.
Weekly.
uk.advfn.com/p.php?pid=chartscreenshotsh...9ILRpj21NuyV0b7lg%3D
This also looks like a bull flag, although the pattern not as clear.
We do have a bullish channel, patient traders will look for dip to the bottom of the channel.
The channel give possible 130p area target.
Daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...7oSe8/GiiJRLpzhtRlQ=
As long the 20 & 50 day ema is held above, i think this is good to buy the dips.
As always dyor, wdik and atb....
Trendfriend