Another Level – Today’s Key Charts

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Another Level – Today’s Key Charts - 7 June 2018

10.30am - Barratt Development

Where next?

Will the price fall towards lows of 546p (-4.9%)? or;

Will the price rise towards highs of 657p (+14.5%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

Early 2018 downtrend stabilised into sideways movement
Good May house price data may spur the rebound
Back to Jan 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

10.30am - Johnson Matthey

Where next?

Will the price fall towards lows of 3633p (-3.5%)? or;

Will the price rise towards highs of 4000p (+6.2%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

Broke out of a rising channel higher
Testing all-time highs
Back to follow the channel?

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

10.30am - Old Mutual

Where next?

Will the price fall towards lows of 225p (-2.6%)? or;

Will the price rise towards highs of 2650p (+14.7%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

May downtrend
Testing a break below April lows
Bounce off support for a leg higher?
Rising highs dating back to October 2015

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

10.30am - Rio Tinto

Where next?

Will the price fall towards lows of 4297p (-3.8%)? or;

Will the price rise towards highs of 4700p (+5.2%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

Uptrend since April
Rising channel
Twin (horizontal and intersecting) support
Onwards to Feb 2011 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

10.30am - Tesco

Where next?

Will the price fall towards lows of 243p (-1.6%)? or;

Will the price rise towards highs of 253.4p (+2.6%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

Rising channel
Uptrend since June 2017
2015 highs next test of uptrend

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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