Another Level – Today’s Key Charts

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Another Level – Today’s Key Charts - 7 December 2016

2pm - Where next for British Land - breakout or retreat?

Solid Green line
Possible support

Solid Red line
Possible resistance

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

2pm - Barclays to overcome 235p to make fresh 12-month highs?

Solid Green line
Possible support

Solid Red line
Possible resistance

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

2pm - UK Index to overcome 2-month resistance. Note overbought RSI

Solid Green line
Possible support

Solid Red line
Possible resistance

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

2pm - Lloyds to fail and retreat from 62p again?

Solid Green line
Possible support

Solid Red line
Possible resistance

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

9.00am - Burberry (BRBY)

Where next?

Will the price fall towards lows of 1240p (-14%)? or;

Will the price rise towards highs of 1540p (+7%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

Bullish break from narrowing pattern
Directional indicators diverging bullishly
Shares trying for a break above 50-day moving average

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

9.00am - Dixons Carphone (DC.)

Where next?

Will the price fall towards lows of 308p (-14%)? or;

Will the price rise towards highs of 390p (+9%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

Bullish break beyond horizontal and falling resistance
Acceleration of uptrend
Shares broken above 100-day moving average

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

9.00am - HSBC (HSBA)

Where next?

Will the price fall towards lows of 420p (-37%)? or;

Will the price rise towards highs of 760p (+14%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

Bullish test of levels last traded early 2014
Directional indicators diverging bullishly
Bounce off 50-day moving average

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

9.00am - Standard Chartered (STAN)

Where next?

Will the price fall towards lows of 610p (-11%)? or;

Will the price rise towards highs of 715p (+5%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

Strong acceleration of recent uptrend
Directional indicators diverging bullishly
RSI rising lows; momentum rising
Shares back above 50-day moving average

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

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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