Member Info for Shouldhavedone

Market mechanics.
Pullback to let the indicators breath.
Then next leg up.
Monday could be interesting.

Looking good

GLA!

Decent day decent close at the 9ma resistance.
Now needs to clear the 9ma and 20ma resistance and it’s away.

Looking good

GLA!

20ma support broke.
43.42p next and 50ma 41.69p which is flattening.
Macd is crossing down on the day chart.

Mms are in control at the moment.

GLA!

The .382fib support 46.59p hit and broke.
20ma 44.85p support next up at the bottom of the rising channel.
200ma hour after 4.25p.
Let’s see if it holds.

GLA!

There’s 48.88p and .382fib 46.59p support in between.
Depends how far the mms think there’s a market.

GLA!

Will do. Here you go.
Pullback from the .618fib resistance in play. 56.65p
Back to .5fib support yesterday broke today. 51.60p
Now 100ma support will come in to play. 49.47p
Then down to rising 9ma support. 48.13p
Bottom of the channel 20ma support still rising. 44.51p

GLA!

Pullback from the .618fib resistance in play.
Back to .5fib support yesterday broke today.
Now 100ma support will come in to play.
Then down to rising 9ma support.
Bottom of the channel 20ma support still rising.

Market mechanics.

GLA!

Its cleared the rising channel and hit the .618fib resistance bang on.
Pullback to breath before the next go to break through.
Probably test the top of the channel. Let’s see.

Looking good.

GLA!

Nice move off that 9ma support.
It’s hit the .50fib resistance and the top of the channel.
Now needs to clear to send it higher.

Looking good.

GLA!

That’s the 9ma support hit.
Bounced off 20ma cross 50ma support last time at the bottom of the channel.
It’s a rising channel.
Market mechanics.

Patience
GLA!

It’s still returning of the top of that rising channel.
Hit the resistance 48.88p and now sat on the .382fib.
Let’s see if it holds.
9ma support below.

Steady away today.

GLA!

Another solid day.
Finally Cleared the 100ma resistance and closed above.
Now needs to clear 25.52p resistance to send it higher.
Time to test 200ma.
Looking good

GLA!

T4G
Fibonacci as you will have read is all down to percentages.
Retrace or forward movement of a high or low starting point.
Find a stock with momentum that the city are playing.
.5 fib is a favourite up or down to start with. Support and resistance.
Then add the default fibs on to your chart for depth of pullbacks or extensions.
Spend hours and hours on YouTube and learn. Never stop learning.
It’s not a definite science but more times than not it’s very close.
Good luck!

GLA!

Market mechanics.
Top of the channel hit.
Will it return to the bottom of the channel?
20ma support there to catch it.
All day indicators are positive. Rsi and macd and Aroon direction.
Steady away.

GLA!

That’s the 20ma resistance cleared.
Now needs to clear 7.20p and it’s up to the 50ma for starters.
Someone’s loading up. Something brewing here.
Enjoy!
GLA!

Bouncing off the bottom of that rising channel.
Time to test 48.88p then 50p.
Rsi,Macd and Aroon direction all positive.
Looking strong this morning.
Enjoy the ride up.

GLA!

AH
We maybe about to have one.
Someone’s loading ready for something.

GLA!

It’s testing the 20ma.
Once it clears it’s away.
Buyer still loading up.

Value down here.

GLA!

Move Back to the buy zone support and bounce.
Seller is either out or taking a breath.
Once it clears 20ma and 7.20p resistance it’s away.

Looking better.

GLA!

Strong positive day today.
Now needs to clear 100ma resistance to send it higher.
Rsi,Macd and Aroon direction all positive.

Looking good

GLA!