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Another Level – Today’s Key Charts - 16 August 2018

Where next?
  • Will the price fall towards lows of 610.5p (-2.7%)? or;
  • Will the price rise towards highs of 679.5p (+8.3%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Early August 620-637p narrow range

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 1009p (-9.4%)? or;
  • Will the price rise towards highs of 1303p (+17.0%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • July-August range between 1098p and 1165p

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 2736p (-4.5%)? or;
  • Will the price rise towards highs of 2995p (+4.5%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • 2836-2909p range since late July
  • Back to July 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

Where next?
  • Will the price fall towards lows of 467p (-14.4%)? or;
  • Will the price rise towards highs of 645p (+18.3%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Trading in a range since mid-July

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 1374p (-4.3%)? or;
  • Will the price rise towards highs of 1459p (+1.6%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Bounced several times from resistance in July and August
  • Record highs in January at 1468p
  • Back down to Summer lows?

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 490p (-6.7%)? or;
  • Will the price rise towards highs of 648p (+23.4%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Sharp drop in June
  • Consolidating in July-August
  • Trading in a 514-546p range

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.


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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