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Home / Another Level / Another Level – BAB, BP, BT, CCL, EZJ, GSK, LLOY, RRS

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Another Level – BAB, BP, BT, CCL, EZJ, GSK, LLOY, RRS - 23 May 2014

Where next?
  1. Will the price rise towards highs of 1475p? or;
  2. Will the price fall towards lows of 1025p?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Fallen through 100-day MA which was supportive, and now 200-day MA
  • Gap been filled
  • Momentum/Bought indicators neutral

Important: The information provided above does not constitute advice or opinion and must only be regarded as technical observations.

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Where next?
  1. Will the price rise above highs of 510p? or;
  2. Will the price fall towards lows of 465p?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Stochastics oversold
  • Highs resistance since early 2011
  • RSI turned down
  • Momentum neutral

Important: The information provided above does not constitute advice or opinion and must only be regarded as technical observations.

Click here for help with Support & Resistance Click here for help with technicals

Where next?
  1. Will the price rise towards highs of 420p? or;
  2. Will the price fall towards lows of 320p?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Shares made a higher low
  • 100-day MA become resistance?
  • Stochastics, RSI & Momentum show rising lows

Important: The information provided above does not constitute advice or opinion and must only be regarded as technical observations.

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Where next?
  1. Will the price rise towards highs of 2615p? or;
  2. Will the price fall towards lows of 2020p?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Support after recent sell-off; megaphone pattern broken?
  • Falling highs and intersecting trendline form October to contend with
  • Momentum neutral

Important: The information provided above does not constitute advice or opinion and must only be regarded as technical observations.

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Where next?
  1. Will the price rise towards highs of 1850p? or;
  2. Will the price fall towards rising lows of 1315p?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • 200-day MA been supportive
  • Recent breakdown at 1600p could be hurdle
  • Stochastics stuck below neutral – oversold?
  • Momentum falling
  • RSI found support

Important: The information provided above does not constitute advice or opinion and must only be regarded as technical observations.

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Where next?
  1. Will the price rise towards highs of 1820p? or;
  2. Will the price fall towards lows of 1530p?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Sideways channel
  • Stochastics negative and falling. Oversold?
  • Momentum & RSI neutral

Important: The information provided above does not constitute advice or opinion and must only be regarded as technical observations.

Click here for help with Support & Resistance Click here for help with technicals

Where next?
  1. Will the price rise towards highs of 87p? or;
  2. Will the price fall towards lows of 70p?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Shares made a higher low
  • 200-day MA become resistance?
  • Stochastics & Momentum turned up
  • RSI oversold

Important: The information provided above does not constitute advice or opinion and must only be regarded as technical observations.

Click here for help with Support & Resistance Click here for help with technicals

Where next?
  1. Will the price rise towards highs of 8000p? or;
  2. Will the price fall towards lows of 3600p?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Shares testing recent lows
  • Struggling to get above 200-day MA?
  • Volumes in decline
  • Stochastics oversold
  • RSI falling
  • MOmentum flat

Important: The information provided above does not constitute advice or opinion and must only be regarded as technical observations.

Click here for help with Support & Resistance Click here for help with technicals

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This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.

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