It was rising as i glanced the chart on the minute i think it will close its loss by end of the day. Gl
Yes looked at the chart and it looks good for 125p. Its on a low on the hourly and daily and looks bullish now. Gl
TA expert but from my limited knowledge the key area is 110.?? (200 day MA) something?, we have had some rises over the past few days so this is probably just a pause for breath, the share has been down in oversold territory for while and is now moving up, even though the Sp is down today.
Is there a skilled chartist about who could look at trends and resistance levels on this share? Although I've done well with this share and traded it from time to time, I bought some at 124p after it dropped from 132p thinking it was good value, so I'm now nursing a loss but prepared to hold. Some charting would be useful if there's anyone out there please.
I run my own estate agency in the southeast. Take it from me, anything coming onto the market is selling within days, at increasingly higher prices. Buyers are not playing silly buggers anymore because they known damn well it is a sellers market and the seller will tell them to get lost if they do. Pretty obvious what that means for house builders like Taylor Wimpey. Amazing how easily misled some folks are. The financial press could state that the world came to end yesterday and some sorry folks would believe it! The housing market is roaring and there is no way this govt is going to do anything but support that between now and the election. Cynical, for sure, but great for the likes of TW, obviously.
All the builders are down approx 2%, not just TW. The time to get worried is when everyone else is up and TW is down.
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