Aviva SP :----6 Aug 2016 03:09
Some interesting views on where the price is going next , i see !!!---
It is looking better this time ( atm. short term ) & yes that �4.50 marker ( 200dma) is still going to be a big hurdle to any sustained upward movements !!---
419 / 420p now offers some light resistance & around 425 / 426p ( taskmaster's posted level ) it comes up against the 6 month downtrend channel !!!---
Considering it's just popped the top Bollinger i would expect a few pence consolidation in the coming days .
All other short term technicals are looking good ( daily rsi around 63 , +tive macd , +tive slow & fast stochs ,
13dma back above 26dma. & price action well above both .---
The past 18 month downtrend hasn't yet seen the SP ( and 13,26 dma's ) above the 200dma for any length of time tho' --- that's what makes that 450p level so important now , least ways from a technically view anyway.
But if you bought in a few months back around the 350 /360 p level then you're doing very well !!---
Currently the 380p should be seen as the " bottom " for any drops now , but it really does have to stay above that 406 / 410p level ----
So Good Luck everyone ----- don't stay up too long reading the rubbish i have just posted -----
I couldn't sleep anyway ( it's an age thing ) so i'm off to have some tea and biscuits now (lol) ---