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.
forex i won't touch as i don't remotely understand it
did well with ftse o'night and some old dow (scary) longs are now back in the money
may have a quick dabble in C+M but must remind myself not to get o'excited as the underlying probs as outlined a week or so back have most certainly not disappeared
MYSL seems to be heavily bought this morning. Story in press re possible corporate action. Certainly enough big egos bruised on this one recently, big Mike Ashley for one. I think a bid will come but it won't see those at the IPO getting their dollars back. 100p perhaps??
OCDO Ocado trading ahead on last trading statement last week. Shorters will close adding to SP north move. 404p first target. If it follows last years actions PIs should be well in the money.
Alibaba (BABA.N) shares may be on the move as some inside investors are now allowed to start paring back on their holdings. After the massive Alibaba market debut in September, many early investors were barred from selling their shares. But that restriction lifts today