Sunday's three share tips on UK-Analyst.com are from Zak Mir of Zaks-TA.com

707 Days ago (2010-02-28 12:46:47)

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Three shares set to move sharply

By top chartist Zak Mir of Zaks-TA.com

These three tips are based purely on Technical Analysis - they are blue chip tips not penny shares. Ask my friend Tom Winnifrith about that sort of stock.

Lloyds Banking (LLOY)

I may be on my own on this one, but the losses and the higher impairments appeared to be a very poor performance given the way that the banks currently have a license to profiteer - if they choose to. The charting position shows the way that even the threat of a good result could not get the shares back above the top of a falling November price channel at 55.5p. Only a weekly close above this today would suggest that the shares are not a sell into strength to target the sub 50p zone one more time.


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William Hill (WMH)

As can be seen from the recent price action of William Hill, this is a rather messy stock technically. What we do have apart from erratic movements is support above the black 200 day moving average at 188p and a likely target as high as 212p over the next one to two months if the 200 day line is held on an weekly close stop loss basis. However, this is not a situation for the impatient or those who like clearly defined support and resistance.

* The value of investments can go down as well as up. Past performance is no guarantee of future success. Investing in equities can lose you part or all of your capital. The tips given here are of necessity, general. They cannot relate to the individual circumstances of investors. Anyone considering following the recommendations contained here should seek independent advice. Financial spreadbetting is a higher risk activity the losses on which are theoretically unlimited.

Serco (SRP)

As can be seen from the daily chart of Serco there has been a very encouraging looking price channel in place since August. This has its floor running through the present level of the grey 20 day moving average at 511p. The view at the moment is that while there is no end of day close below the floor of the channel one would be anticipating a 2009 resistance line projection target as high as 580p within the next month.

Zak

Best Wishes,

Zak Mir

Zak Mir is perhaps the UK's best known chartist and Zak's real time trading signals are ideal for the current volatile markets! To access Zak's service with real-time trading signals and around 30 big calls per week on indices, blue chip stocks, commodities, small caps and member requests a week for as little as 179 pounds a year click HERE.