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Another Level – Today’s Key Charts - 18 July 2018

Where next?
  • Will the price fall towards lows of 327p (-4.7%)? or;
  • Will the price rise towards highs of 379p (+10.5%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Bullish breakout to new July highs
  • Bullish reversal after 13.7% sell-off
  • Extension of July rebound
  • Back towards 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 915p (-1.6%)? or;
  • Will the price rise towards highs of 965p (+3.8%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Support around 925p
  • Range?
  • Back towards ceiling?

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 259p (-2.9%)? or;
  • Will the price rise towards highs of 288p (+8.0%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Rebound after 10% sell-off
  • Bullish reversal
  • 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 510p (-6.0%)? or;
  • Will the price rise towards highs of 578p (+6.5%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Bullish breakout to fresh July highs
  • Bullish reversal after 21% sell-off
  • Back towards 577p June breakdown?

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 476p (-4.4%)? or;
  • Will the price rise towards highs of 542p (+8.8%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Bullish breakout
  • Extension of bullish reversal following 14% sell-off
  • Long term uptrend
  • Back towards June 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 2511p (-4.6%)? or;
  • Will the price rise towards highs of 2964p (+12.6%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Bullish breakout
  • Extension of bullish reversal following 14% sell-off
  • Back towards June 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.


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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