andmk2

andmk2 Updated 

Stage 1 base forming for Ocado, almost perfect rectangle, with multiple touches at 370 support. Is this a chance to go long, or will it break to the downside? wait and see. Do your own research (DYOR) and this is not a solicitation to make as trade.

andmk2

Breaking out of rectangle patter formed since Feb 20 should mean an upside target of 648. Good results & defence industry make it more resilient in the face of other factors affecting the economy (e.g. election and recession). Do your own research and this is not a recommendation to trade in this stock.

andmk2 Updated 

Weekly chart: Triangle formed with 2 or more touches to both its upper and lower lines. Early breakout too and could signal a rise to 587. However, if this goes to form, it will retest the upper triangle line at 339 before heading higher. WARNING: This is not trading advice and just my own technical analysis. Do your own research and trade your own rules.

andmk2

Double bottom formed from May 19. Breakout Nov 23 Retest Feb 24 and now broken out to the upside in May Appears bullish to me but do your own research and decide on your own trades. This in NOT a recommendation.

andmk2 Updated 

Support from March 2011 and November 2012 respected this week as PNN continues its downtrend. Water industry is experiencing a wave (pun intended) of problems. Could form another shoulder with high of 943?

andmk2

In Feb 23 Foxtons made ranged instead of breaking out. It then took 10 month to head upwards. It tested its 30 day moving average in April and now more news of a sale process has led to today's increase of 6-10% in one day. Resistance hit during Feb 2020 was 97 and this could be hit again. Do your own research and trading and this is not a solicitation to...

andmk2 Updated 

A descending wedge in an uptrend has led to textbook breakout with Uranium X ETF ($URA) Could be a retest though at 20.50 Weekly chart has been used

andmk2 Updated 

Is this a massive Head and Shoulders pattern for Sugar? The head and left shoulder are complete but will the right shoulder form and head to the mid 7s? Time will tell and we'll know by early 2025. This all started in June 2014.

andmk2 Updated 

Many analysts have spotted the cup and handle pattern made by Gold ( OANDA:XAUUSD ). However, the handle pattern looks as if it's morphed into an inverse head and shoulders pattern. If correct then bulls will have to wait well over a year for a breakout. Let's see.

andmk2

Triangle forming since the year 2000. Good results today, but it's hitting overhead resistance at 470 established in 2002 and 2019. No clear breakout yet and needs to add another 100p before it can start to consider a breakout.

andmk2 Updated 

A head and shoulder reversal pattern is forming on Ocado. Started in August 2022, this is likely to complete this December, but not guaranteed. The left shoulder is forming as expected. But will it bottom at about 380p and then rise?

andmk2

New uranium find has pushed Canalaska up 50% in a day. Wow! Downward trend channel formed in April 2021 and almost 3 years later it has broken out, pulled back and now rocketed with volume. 0.85 therefore seems achievable and 1.54 all time high could also be possible. As ever, this is not a solicitation to trade. Do your own research and you decide all aspects...

01:25

andmk2 Updated 

Will WPP head higher after today's positive trading update? It's been ranging since April, but this week sees the price breaking away from it.

andmk2 Updated 

Breakout from a classic inverse H&S pattern and with volume too.

andmk2 Updated 

Breakout for Canalaska CVV Backed by big volume too Next resistance 0.86 and then 1.52 Wait and see if it can break to new all time highs in the coming years. All depends on Uranium futures and the company's performance.

andmk2 Updated 

Zinc could be about to breakout with a strong month so far. However, technically it might need to pullback before another push.

andmk2 Updated 

You may have learnt that a triangle pattern in an uptrend is bullish? Here's a good example of wait and see, where the price has broken to the downside. Looks bearish to me.

andmk2 Updated 

Is this a breakout for Canalaska? No retest of the channel yet and over head resistance at 0.67 and 0.84. In support: over 4x average volume on week commencing 25th September and a higher pivot high compared to Jul 22. WARNING: This is not a recommendation to trade. Do your own research and decide your own trades.