A thread created for the TA of charts on the LSE markets. (aim and plus included)
Beginners and advanced wellcome. Long or short, just post your views and lets
have some positive discussion. FIRE AWAY.
NB, UK indicies and sector charts plus FX can also to be included in posters analysis.
FSJ looks interesting given thats its first bounced off a support line at 1250p and now as risen above the 200 day EMA and is presently riding on it, rather bullish for a quality company.
Although wrong SP is showing due to MAM problems up here over 200 points on TED and same with VED. Seems to be paying off going for these larger priced stocks that have been heavily oversold in last 10 weeks.
Alders yep the NAZ yesterday far outperformed. I went in and bought ARM.
Anyway assuming moneyam charts are right re- SPs over last 2 days i say it was still in a medium downward trend channel with a counter up trend channel developing within the main one. I woulnt buy it personally but some on here would.