Member Info for AL75

From Reuters at 15:15 today: "Morgan Stanley cuts price target to 180p from 195p" Bearing in mind the price is 300p this looks odd.

Technically the fall is no big deal, as the price can come down to the last major resistance point at approx 270p.

Caveat emptor (buyer beware).

Triangle formed since May 2017 could be breaking to downside but would have to cross to 33p first.

Stochastic from Oct 2018 has been in downward trend and also diverged from share price. This is not a bullish signal.

Finally HUR created a cup and handle pattern from July 2014 to May 2019. The resistance of 61 was tested twice recently and failed twice. That's not bullish.

Breakout on low volume though.

Double bottom formed and now breaking away from 70. Next stop 80. Wait and see.

Fell to 257 in the first hour of trading but then recovered to 277, still off the 300 high though from Tuesday.

On 15th November the price fell to 191 before finishing at 220p.

Too much volatility unless your timing is spot on.

Since yesterday's results the share price is "cooking on gas".

Analysis: https://uk.tradingview.com/chart/CNA/hSZmo2QA-Is-this-Centrica-s-moment/

DYOR and GLA

180 hit and could head lower after this morning's results.

Mr Market's not happy with their figures and NRR still trades at a significant discount to its net asset value.

Gapped up at th e open and is expected to break an ascending triangle pattern which started in September 2019. If there is a breakout, then 90 is possible.

PS: As I'm writing this price is up to 77 and today appears bullish.

Getting close to 450 target.

11 Nov was the pullback to 3147.

Now it's heading upward clearing 3227 pivot high made in April this year. IMHO it's bullish.

183 hit on Nov 13th. Not quite 180 but close enough.

Another push taking NRR to 192 today but hitting Dec 2018 resistance.

Caveat emptor to the bottom fishers. Today's fall is a triangle breakout to the downside from a pattern which started in Jan 2016. IMHO More weakness expected.

Slow grind higher. Nothing to get excited about.

Broken neckline from a 6 month head and shoulders pattern = Bullish

https://uk.tradingview.com/chart/SDR/h1VMA7cJ-Schroders-breaks-neckline-Bullish/

Pullback to 180 now possible.

Had a nice pop from 194 to 224. Daily 200 EMA is 188 and it's also above 217 high reached in may this year. IMHO it's a bullish reversal and could go to the 260s.

Low of 383 today, but finished the day back to where it left on Friday. Bullish in my opinion.

PS: Today UBS reiterated buy with a target price of 425p. I don't set much store by broker recommendations although a technical target after the break of 399 would be 450.

140 is easily achievable, although next level is 163 which is also possible.

Technically, 246 is achievable. Then, there could be a pullback to approx 190. If that happens, and 246 is finally taken out, a trend reversal will be in play.

1) Media (e.g. Times and Telegraph) have stoked minor panic amongst investors. The share price however is not related to the safety of their capital.
This is not a product that is easy access or liquid enough for you to sell your loan parts quickly. Hence a minor stampede resulting in a 100+ day time-frame to turn loans into a cash withdrawal.

2) Good market reaction to today's Q3 update. Loans are growing, US is growing and so too will Germany and Holland in time. However, can they turn loss into profit? Wait until March 2020 for full year results.