Another Level – Today’s Key Charts

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Another Level – Today’s Key Charts - 6 September 2018

8.50am - AutoTrader

Where next?

Will the price fall towards lows of 400p (-6.2%)? or;

Will the price rise towards highs of 463p (+8.6%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

Twin support
2018 uptrend
Range?
Peer BCA Marketplace confident in prospects for 2019, after strong start to year.

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

8.50am - Centrica

Where next?

Will the price fall towards lows of 123p (-17.1%)? or;

Will the price rise towards highs of 165p (+11.3%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

OFGEM price caps not as onerous as they could have been
Bullish bounce
Rising channel

Important: The information provided above does not constitute advice or opinion and must only be regarded as technical observations.

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8.50am - Hunting

Where next?

Will the price fall towards lows of 654p (-14.5%)? or;

Will the price rise towards highs of 930p (+21.6%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

Negative read-across from Weir Group update
Back around rising 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

8.50am - Royal Bank of Scotland

Where next?

Will the price fall below lows of 240p (-4.0%)? or;

Will the price rise towards highs of 285p (+14.0%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

Bullish breakout
Back to prior channel ceiling?
Back to longer-term falling 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

8.50am - Redrow

Where next?

Will the price fall towards lows of 555p (-5.6%)? or;

Will the price rise towards highs of 630p (+7.1)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

Positive read-across from Bovis Homes results
Bullish breakout
Back to longer-term falling 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

8.50am - Sirius Minerals

Where next?

Will the price fall towards lows of 21p (-19.8%)? or;

Will the price rise towards highs of 39p (+48.9%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

Sharp drop on news about higher project costs
Well off this morning’s lows (was -30%)
Will the shares close the gap?

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

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.

Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance.

Prepared by Michael van Dulken, Head of Research

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