i have not invested in AIM for many moons but I think BLVN is one of very few that I would consider investing in. I remember the days where this bb was alight with talk about whether XEL or BLVN would hit £4 first. Now we can pick these up for 15p it seems a no brainer.
I wanted to show you guys a video where I talk about the biggest loss I ever made. Hopefully I can save someone from making the same mistake...
I posted on here a day or two before the news showing technical analysis pointing lower for ITV. SP was sold off a little on results but we have had a strong day today.
The video below has an update on several shares but also features and update on ITV. The SP could be a very good spot to sell OR the bearish continuation pattern that we have been forming could morph into something else which could mean that this share turns around - there is no evidence of this yet though. Most signs say SP will go lower but tomorrow could change everything if we continue to rally.
The uk banks are looking better. Big sell off today but this is just the nature of volatility around results.
The following video has analysis of all three banks and with them all looking bullish it bodes well for RBS. there is a price target too so we should hopefully know what to expect in the next few weeks!
Tesco has some support at 210p but main support is 200p where I think the market will head over the next week or two. I would sell into any rally if we get one tomorrow or early next week. An easy 8-10% increase of your holding
Can anyone recommend a stock that looks good for some upside over the next week or two? I like the look of gold too but cannot find many large gold miners that I am happy to buy. I am not liking the look of the banks at the moment, a lot of stocks look like they want to go lower but I do not like shorting too many at the same time as they will likely all go bad if the ftse rallies for a day or two
The chart for this stock looks terrible. There is a trend-line that started forming in December 2011 which the market has stayed above until there was a breach in November last year. The market smashed through it but has since rallied and is currently testing the underside of the trend line.
More often than not the market fails and is sold off. 420-400p is where I think the market will go providing it fails at the back test of the trend line.
I think we will get a clear signal next week - possibly towards the end of the week. If you are a shareholder then you should pay attention to how the market reacts at this key level as it will be a long way down if the sellers take control
The only news I saw this morning was BARC moving €190bn of assets to Ireland so I do not know why other banks have held up better. I bet moving that amount of assets around will cost a pretty penny so expect that hit to come in the next set of results. I don't remember being asked to vote on that. I know Unilever shareholders voted against them moving assets out of the UK but I suppose banks have a very unique relationship with their shareholders which will only improve when shareholders start voting directors out. I will be using my voting rights to vote against every single one of the Barclays BoDs.
Also, as I said a few days ago...BARC had to break 165p or it will head towards that band of support at 135-140p so today is no real surprise to me since the market started failing at 165p. I expect a small bounce tomorrow and then a heavier sell off next week
The market is right at a resistance trend line. it must break above 165p as failure at 165p means that the lower low - lower high trend that it has been stuck in since it began in May 2018 will continue and we will certainly see 145p tested again.
I think a break of 165p will be bullish short term but we need to take out that previous high of 180p for any meaningful trend change. I think 140p is more likely
I am looking to add a pharmaceutical company to my portfolio. One that is off the radar and this one seems to tick a few boxes but I am worried about lack of liquidity here. I did not realise that the pharmaceutical sector has been more profitable that oil and gas industry which is remarkable.