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Another Level – Today’s Key Charts - 17 July 2018

Where next?
  • Will the price fall towards lows of 1447p (-5.2%)? or;
  • Will the price rise towards highs of 1626p (+6.5%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Bullish breakout above June highs
  • Extension of July uptrend to 5.8%
  • Back to May 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 210p (-9.8%)? or;
  • Will the price rise towards highs of 253.8p (+9.0%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Back at 4-month rising support
  • Bounce towards recent 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 454.5p (-15.8%)? or;
  • Will the price rise towards highs of 620p (+14.8%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Testing late-April support
  • Rebound towards recent highs?
  • 18% sell-off overdone?

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 913p (-7.5%)? or;
  • Will the price rise towards highs of 1105p (+12.0%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Bullish bounce after 17% sell-off
  • 5-month range trade
  • Back to ceiling?

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 2367p (-5.2%)? or;
  • Will the price rise towards highs of 2900p (+16.2%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Shares bottoming out after 15% sell-off
  • Rising support
  • Rebound towards early June 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 552p (-6.0%)? or;
  • Will the price rise towards highs of 656p (+11.8%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Bullish bounce after 15% sell-off
  • Shallow rising support
  • Back to May 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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Prepared by Michael van Dulken, Head of Research
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