Member Info for MasterRSI

Is now motoring and trying to go over the last intraday high 110p

Candlestick chart last High
http://uk.advfn.com/p.php?pid=staticchart&s=L%5EJOG&width=600&height=34&p=1&t=1&dm=2&vol=0&cb=

There is another market in NEXT where one can trade and not showing at LSE
Date & Time Volume Price
03/06/2020 12:33 2,000 101.94
03/06/2020 11:18 3,000 98.7
03/06/2020 11:05 5,000 96.936
03/06/2020 10:23 1,025 96.936
03/06/2020 08:37 501 97.25
http://www.nexexchange.com/member?securityid=2074383

Has just gone over 100p so is 101p, slowly the buys are showing in the ticker
intraday chart
https://uk.advfn.com/p.php?pid=staticchart&s=L%5EJOG&p=0&t=48

More example of the 61.8% retrace...

The Fibonacci ratio of 61.80% is also referred to as the golden ratio, or the divine ratio, because it has been found throughout nature, including the patter of a seashell, the DNA double helix and flower petals. Chart watchers have adopted the ratio to help map the ebb and flow of financial markets.
---------------------------
S&P 500 coincidentally(?) closes right at its 61.8% Fibonacci retracement point
Published: March 9, 2020 at 4:49 p.m. ET

Deep retracement
Looking for entry positions within deeper retracements is another method of utilizing the Fibonacci tool to gain advantageous trading opportunities. Once again it is important to take trades close to your stop loss, with these trades being taken actually at the Fibonacci level itself. Opportunities to take trades at those deeper levels (>61.8%) can come within highly trending markets.
Chart example
https://school.stockcharts.com/lib/exe/fetch.php?media=chart_analysis:fibonacci_retracemen:fibo-1-hdretra.png

61.8% Fibonacci retracement is considered the right term for a bounce back, the share price this morning almost reached that point, and MMs have moved the price up since.
Last night chart
https://uk.advfn.com/p.php?pid=chartscreenshot&u=doWzSFphGpQil5hRkgCrpSMOWqfiFWoy2rEMxPtu5zs=

A buyer of 100K at 24.70p just now 9:03 am naturally paying a premium as the offer was 22p

With sells done and price settle at 21 v 22p, the buyers started to noble again.

BRENT breaking $39 as Opec meeting does the rounds
currently, $39.27 or 2.48%, some good movement as the day goes along

A very good start of the week, as yesterday started to move higher as is today 123.50p +2p
Just moved higher

it looks like another company to add to the list ....
" Jon Moulton to put his double-glazing firm Everest through a pre-pack administration with FRP Advisory "

Finally, it looks like they will let the stock to move higher as are some peers.
Have been holding on a very tight range despite the oil price moving higher recently.
Let's see if the 13p is broken in a good way from now on.

Any large rise comes with another large drop
So the last bounce back from 418p last Friday was that a Cat bounce currently 447p after reaching 463p earlier.
now needs to settle and will depend on news of flights on holidays destinations
not pretty ready for another advance just yet, is my view
2 days chart
http://uk.advfn.com/p.php?pid=legacyintra&epic=tui&type=1&size=2&period=b&freq=1&ind_type1=0&ind1_1=&ind2_1=&olx_1=&scheme=&delay_indices=1

STOP feeding the BABY with " baby champ "

Brent OIL price since 16.30 last Friday $37.89p +2.05
https://tinyurl.com/y7fo6g5n

Chart of the bounce at the end of the day for TUI but the UT was at 436.10p
https://tinyurl.com/ycpsenec

JAdam
re - 436p is 50% fibo
yes the 50% is 435.95p on my books, but this is gone already and next is 61.8% at 390.53p
But the chart with that large bowl could be the way of a CUP an Handle, if that is so then could going side ways for another 2 months bouncing along 400 to 440p forming the Handle.

Monsoon Accessorize teeters on brink putting 3,500 jobs at risk
By Luke Tugby 28 May 2020
Monsoon Accessorize is on the brink of becoming the latest retailer to tumble into administration amid the coronavirus crisis, putting 3,500 jobs at risk.

The fashion retailer has lined up FRP Advisory to handle the process and plans to file a notice of intention to appoint administrators in the coming days, Sky News reported.
https://www.retail-week.com/fashion/monsoon-accessorize-teeters-on-brink-putting-3500-jobs-at-risk/7034943.article?authent=1

mee too today
By 10:45am the retracement from 133p was done, after all it was more than the maximum Fibonacci retracement of 76.8% at the lowest this morning 117.50p when the bounce back started.
5 day chart
http://uk.advfn.com/p.php?pid=legacyintra&epic=FRP&type=3%3Cbr%20/%3E&size=2&period=d&freq=1&ind_type1=0&ind1_1=&ind2_1=&olx_1=&scheme=&delay_indices=1

OK - dok

But one has to advertise it or better " spin " it in order some investors realised of the bargains left.
I was lucky with another bargain TUI buying last month, I sold half of it today, more than double.

and with that, we are on the move as trades keep adding in the ticker
spread 33 v 36p now