25 May 2017 @ 06:53
Hurricane Energy shares (
LSE:HUR) have generated a new bearish signal. The bearish signal could become significant over time, resulting in a serious bearish trend. The price has been going upwards since July 2017, until recently. There is a now a movement below the EMA 21, while the Williams’ % Range period 20 is in […]
25 May 2017 @ 06:36
Xtract resources stock (
LSE:XTR) is a no-go area for those who invest logically. The price has just been going sideways for the past several month, and that has formed an extremely tight base. Although the ADX period 14 is above the level 80 (strong momentum), while the DM+ is above the DM- (bullish signal), the […]
24 May 2017 @ 10:02
London open: Stocks little changed but miners drop after China downgrade London stocks were little changed in early trade as investors sifted through a raft of corporate news and digested a downgrade of China’s credit rating. At 0840 BST, the FTSE 100 was flat at 7,482.24, while the pound was up 0.1% to 1.2976. Investors […]
23 May 2017 @ 09:48
London open: Stocks nudge up as investors mull Manchester attack London stocks nudged higher in early trade as investors digested news of a suspected terror attack at a concert in Manchester on Monday evening that left 22 people dead and more than 50 injured. At 0830 BST, the FTSE 100 was up 0.1% to 7,504.87, […]
22 May 2017 @ 09:49
London open: Stocks edge up as pound loses ground on Brexit news London stocks edged higher in early trade, helped along by weakness in the pound, which fell after Brexit Secretary David Davis warned that Britain will walk out of Brexit talks if the EU demands €100bn to leave. At 0840 BST, the FTSE 100 […]
19 May 2017 @ 14:43
Premier Oil shares (
LSE:PMO) may soon experience a severe pullback, based on what is happening in the market at the moment. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each EMA is shown at the top left part of the chart. All […]
19 May 2017 @ 14:31
WPP PLC stock (
LSE:WPP) is a sideways market. Price has been moving sideways since April 2017, oscillating between the upper Trendline and lower Trendline. A breakout is imminent in the market, which may take price out of either of the Trendlines. A movement above the upper Trendline would signal a bearish bias while a movement […]
19 May 2017 @ 10:09
London open: Stocks in the black as Trump worries subside for now London stocks edged higher in early trade, taking their cue from an upbeat session on Wall Street, where shares rebounded from this week’s Trump-inspired selloff. At 0830 BST, the FTSE 100 was up 0.4% to 7,462.68, with miners racking up healthy gains as […]
18 May 2017 @ 09:39
London stocks opened weaker on Thursday, taking their cue from downbeat sessions in the US and Asia amid growing concerns that US President Trump could be impeached. The FTSE 100 was down 42.8 points at 7,460 at 0928 BST. CMC Markets analyst Michael Hewson said: “President Trump has enjoyed an almost Teflon like existence since […]
17 May 2017 @ 09:46
London open: Stocks nudge lower ahead of jobs data London stocks nudged lower in early trade as investors sifted through a raft of corporate news and awaited the release of UK unemployment data. At 0830 BST, the FTSE 100 was down 0.2% to 7,507.53 after closing above 7,500 for the first time in the previous […]
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