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Another Level – Today’s Key Charts - 21 May 2018

Where next?
  • Will the price fall towards lows of 2700p (-2.8%)? or;
  • Will the price rise towards highs of 2898p (+4.4%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Rising channel
  • Positive momentum
  • Bounce off 2700p; resistance-turned-support
  • Back to Jan highs?

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?
  • Will the price fall towards lows of 630p (-3.4%)? or;
  • Will the price rise towards highs of 678.8p (+4.0%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Acceleration of November uptrend
  • Bullish breakout
  • Fresh 2018 highs
  • Back to Jun 2017 peak?

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?
  • Will the price fall towards lows of 5000p (-3.7%)? or;
  • Will the price rise towards highs of 5460p (+5.1%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Strong April uptrend
  • Bullish breakout
  • Back to Nov highs?

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?
  • Will the price fall towards lows of 800p (-5.3%)? or;
  • Will the price rise towards highs of 905.9p (+7.3%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Uptrend since late March
  • Bullish breakout
  • Second leg higher after pause
  • Back to Feb highs?

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?
  • Will the price fall towards lows of 850p (-4.0%)? or;
  • Will the price rise towards highs of 981.8p (+10.9%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Bullish breakout
  • Rising channel since late Feb
  • Back to Sept 2017 highs?

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?
  • Will the price fall towards lows of 1188.5p (-2.3%)? or;
  • Will the price rise towards highs of 1270p (+4.4%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Bullish breakout
  • Strong April uptrend
  • Back to Jan highs?

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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