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Another Level – Today’s Key Charts - 3 September 2018

Where next?
  • Will the price fall towards lows of 675p (-3.3%)? or;
  • Will the price rise towards highs of 718p (+2.9%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • 690p resistance-turned-support
  • Potential new trading range 691-718p

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 5412p (-2.9%)? or;
  • Will the price rise towards highs of 6228p (+11.7%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Bullish breakout from July/Aug downtrend (-12.6%)
  • Bounce off twin support
  • Long-term uptrend intact
  • Back to July 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 384p (-7.8%)? or;
  • Will the price rise towards highs of 453p (+8.8%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Rising support since April

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 221p (-9.1%)? or;
  • Will the price rise towards highs of 285p (+17.3%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Shares holding up around 240p
  • Support since July 2017
  • shares -7.5% from July 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 536p (-10.5%)? or;
  • Will the price rise towards highs of 650p (+8.%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Shares found support after Friday’s sharp sell-off
  • Long term uptrend
  • Narrowing pattern

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 151p (-9%)? or;
  • Will the price rise towards highs of 180p (+8.4%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Shares approaching support at 164p
  • Shares -19% from 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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