[ Home » Tip of the day » Sunday's three share tips on UK-Analyst.com are from Zak Mir of Zaks-TA.com ]
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)
Print this Article
|
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.
Do Good with every Trade!
Trade UK Shares online for only
GBP9.99
All limit orders FREE
Telephone Dealing from GBP15
No transfer in fee
ISA service provided
Yearly account fee only GBP 5
25p of each trade is donated to Woodlarks
ShareCrazy Trader - trade
shares online
|
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.
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.
|