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Grafton resists with head and shoulders
Shares of construction products supplier Grafton Group (GFTU) have recently been flirting with its all-time highs of 875 last seen in 2007, yellow line on chart 1. Prices struggled to break through the...
View ArticleRightmove moves down
Shares of the property advertising company Rightmove (RMV) have weakened in the last two sessions, breaking below its latest low at 3200 area (blue line on chart 1), currently trading at 3154. The...
View ArticleRightmove retests support levels again
Rightmove (RMV) has once again dropped down towards its 100 Day Moving Average (100DMA) currently at 3510. Similar move has been seen last time on the 24/08/2015 where prices have bounced off 100DMA to...
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