TRADE OF THE WEEK – sponsored by LiveTradingFloor
Close Brothers Group PLC (CBG)
Technical Play: Cup and Handle – Long
Entry Price: 965.00
Initial Stop Loss: 949.00
Target: 1000.00
Strategy
Short term indicators looking to break through long term indicators, volume building into the move, target the big figure of £10, news coming on Tuesday – 21/09 : move stop to [...]
TRADE OF THE WEEK – sponsored by LiveTradingFloor
Aviva PLC (AV.)
Technical Play: Consolidation Breakout – Long
Entry Price: 750.00
Initial Stop Loss: 743.00
Target: 780.00
Strategy
Aviva needs to break through the 200 eMA, but it’s formed a consolidation, and I like it. Tight stop on this one, using the 200 as my protective stop. Needs to get through the [...]
TRADE OF THE WEEK – sponsored by LiveTradingFloor
JP Morgan Fleming Mercantile Inv Trust (JFM)
Technical Play: Consolidation Breakout – Long
Entry Price: 1033.50
Initial Stop Loss: 1020.00
Target: 1082.00
Strategy
The Trust is benefiting from an uplift across the equity investment sector. Tight consolidation which is required in this environment. 31/08 : Spread tightened, order book on setsMM stonger, tighten [...]
TRADE OF THE WEEK – sponsored by LiveTradingFloor
Intercontinental Hotels Group PLC (IHP)
Technical Play: PowerPivot – Short
Entry Price: 866.00
Initial Stop Loss: 875.00
Target: 820.00
Strategy
Pivot short off 200ema. Enter no lower than 862. 10/8 08:10am – stop moved to just above todays high at 858. 9:29am – stop moved to 846 based on level 2 to lock [...]
TRADE OF THE WEEK – sponsored by LiveTradingFloor
Shire PLC (SHP)
Technical Play: PowerPivot – Long
Entry Price: 846.00
Initial Stop Loss: 836.00
Target: 919.00
Strategy
Pivot in uptrend off 20ema. Place stop below todays lows rather than yesterdays as too far away. Precise stop based on level 2 support. Enter at 847 Max. 11/8 12:23pm – stop to 854 below [...]
TRADE OF THE WEEK – sponsored by LiveTradingFloor
Sage Group (The) PLC (SGE)
Technical Play: Consolidation Breakout – Short
Entry Price: 225.75
Initial Stop Loss: 228.25
Target: 205.00
Strategy
Consolidation breakout short and below 50ema with high test on today’s bar so far. Enter no lower than 225. 10:59am – corrected stop loss to 228.25 (mistakenly entered 528.25). 9/8 – raised [...]
TRADE OF THE WEEK – sponsored by LiveTradingFloor
Charter PLC (CHTR)
Technical Play: Powerpivot – Long
Entry Price: 730.00
Target: 800.00
Strategy
Pivot long & strong Level 2.
20/7 08:14 – stop raised to 743, below low of day. 08:52 – stop raised to 749 to lock in profits as hits 50ema.
Performance
This stock has moved a total of 2.6% so [...]
TRADE OF THE WEEK – sponsored by LiveTradingFloor
Kier Group PLC (KIE)
Technical Play: Consolidation Breakout – Long
Entry Price: 1529.00 to 1533.00
Stop Loss: 1495.00
Target: 1750.00
Strategy
Break of consolidation and above 50ema indicates a move back to previous highs.
Performance
This stock has moved a total of 6.3% so based on a money-managed trade of 1% risk; your profit would stand [...]
TRADE OF THE WEEK – sponsored by LiveTradingFloor
Northern Rock PLC (NRK)
Technical Play: Other – Long
Entry Price: 1047.00
Initial Stop Loss: 1039.00
Target: 1129.00
Strategy
Breakout over previous days high and small consolidation. Good news today and already low tested. Stop below round number at 1039. Enter no higher than 1049.
08:57am – stop raised to 1049 to lock in [...]
TRADE OF THE WEEK – sponsored by LiveTradingFloor
Hays PLC (HAY)
Technical Play: Consolidation Breakout – Short
Entry Price: 134.00 to 133.50
Stop Loss: 128.25
Target: 124.00
Strategy
Consolidation in a down trend fast gaining momentum. Decisive break below previous day’s low signifies a continuation of the trend..
Performance
This stock has moved a total of 6.0% so based on a money-managed trade of [...]