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Another Level – Today’s Key Charts - 22 August 2018

Where next?
  • Will the price fall towards lows of 650p (-3.3%)? or;
  • Will the price rise towards highs of 711p (+5.7%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Trading in a range 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 4939p (-3.5%)? or;
  • Will the price rise towards highs of 5281p (+3.2%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Rising channel since April
  • Retreated from August highs
  • Going to channel floor?

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 4350p (-1.4%)? or;
  • Will the price rise towards highs of 4618p (+4.7%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Trading in a range since May

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 482p (-9.0%)? or;
  • Will the price rise towards highs of 584p (+10.2%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Uptrend since April
  • Rising channel
  • Retreated from August highs
  • Twin (horizontal & rising) support

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 1571p (-1.8%)? or;
  • Will the price rise towards highs of 1651p (+3.2%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Range trading since mid-July
  • Middle of the range at the moment

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 243p (-5.1%)? or;
  • Will the price rise towards highs of 266p (+3.9%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Sharp fall in mid-August
  • Found support around 253p
  • Back to August 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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