Having recovered some of last week’s sharp losses, the UK Index is back trading within a 5-month falling channel. Can it extend its rebound to revist the channel ceiling around 7350? Although still 100 points away from November highs, the index is firmly out of sell-off territory, as the Bulls provided enough optimism to regain…

If anyone says that the UK’s UK Index  doesn’t currently offer good buying prospects, or not enough volatility to make it worth their while, I’m not sure what UK Index they’re looking at. The UK 100 is 10% from 2018 highs, and a 3.5% bounce from a recent flirt with 2018 lows means potential for…

We recently re-engineered our research offering, and the response from clients to our new short-term trading opportunities has been extremely positive. Whether it’s bargain hunters interested in shares which have fallen back to support, range hunters looking to trade the next up or down move or momentum lovers looking to ride a trend or a breakout,…

“Because I always get stopped out” If I’ve heard it said once, I’ve heard it said a thousand times. And the reasoning never changes. It implies regret at stop-losses being triggered which, in turn, suggests that the shares tended to bounce back. I understand the logic; I appreciate the frustration. Annoyance at being stopped out, forced to take…

Shares in UK Index cybersecurity company Sophos have taken a hammering today following a disappointing set of half-year results. After multiple suspensions in early trading, which saw the shares fall as low as 280p (-38.6%) the shares have now pulled back to a less catastrophic, though still bruising, 335p (-26.5%). Why such a drastic share price move?…

After a flirt with 2018 lows, the UK Index rebounded by almost 350pts/5%, and, more importantly, regained the channel from which it fell at the beginning of the month. We may have back-peddled from today’s 7195 recovery highs, but the Bulls are still motivated by the strength of the rebound and the prospect of revisiting…