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Another Level – Today’s Key Charts - 12 September 2018

Where next?
  • Will the price fall towards lows of 261p (-7.4%)? or;
  • Will the price rise towards highs of 315p (+11.7%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Trading range between 278p and 300p

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 182p (-19.1%)? or;
  • Will the price rise towards highs of 270p (+20%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Trading range between 221p and 252p
  • Trading near range floor
  • Bounce back to range ceiling, or even back to May 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 1402p (-6.3%)? or;
  • Will the price rise towards highs of 1640p (+9.6%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Bounce from support after August fall
  • Back to Summer 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 96p (-21.6%)? or;
  • Will the price rise towards highs of 139p (+13.5%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Rising channel since mid-June
  • Bullish breakout from the channel
  • Bridging the gap back to April levels?

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 736p (-7.4%)? or;
  • Will the price rise towards highs of 890p (+11.9%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Downtrend since May
  • Bouncing from 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 1576p (-4.1%)? or;
  • Will the price rise towards highs of 1767p (+7.5%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Uptrend since April
  • Rising channel
  • Close to channel floor
  • Bounce back in the cards?

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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