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Another Level – Today’s Key Charts - 14 August 2018

Where next?
  • Will the price fall towards lows of 277.35p (-5.0%)? or;
  • Will the price rise towards highs of 320p (+9.7%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • 2018 rising highs
  • Fall in July
  • Rebound?

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 291.25p (-2.3%)? or;
  • Will the price rise towards highs of 316.55p (+6.2%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Rebound from dual support in early August

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 5104p (-8.6%)? or;
  • Will the price rise towards highs of 6199p (+11.0%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Bounce from July support
  • Range trading
  • Back to range 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 609.5p (-9.2%)? or;
  • Will the price rise towards highs of 858.55p (+27.9%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • 2018 downtrend
  • Summer range
  • Testing range 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

Where next?
  • Will the price fall towards lows of 1373.5p (-10.1%)? or;
  • Will the price rise towards highs of 1809.75p (+18.5%)?

Solid Green line
Possible support

Solid Red line
Possible resistance

Other Technical Observations

  • Downtrend since May
  • Touching support level around 1500p
  • Back to 2018 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.


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Prepared by Michael van Dulken, Head of Research
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