Virgin Money for 26/11/2019

#Gold #Nasdaq This lot are a little confusing, rebranding themselves from Cydesdale & Yorkshire Bank to Virgin Money. In the process of doing so, their history has been slightly mangled and charts becoming meaningless. However, we’ve been doing some digging and notice some potentials showing.

At present, Virgin are trading around 144p with the result, above 148p should now prove capable of triggering slight recovery toward an initial 152p. This price level is liable to prove critical for the longer term as closure above 151p launches the share into a region where growth to an initial 161p looks extremely possible.

If exceeded, secondary is at 171p though, to be honest, in the event of positive news & market conditions, the share price could easily surge to 194p.

A word of warning, something surprisingly obvious from the immediate chart. If the market intends “park” the price until the UK’s trauma with the holy trinity of the 3 B’s (Brexit, Boris, or Bollocks***) is resolved, it only needs close the share price below 140p. Below 140p and it seems there’s a fair chance of reversal again to 133p. If broken, it should hopefully bottom at 127p.

Hey, chart goes here

***The story of UK Traffic Police detaining a driver due to him having 2 of the three B words emblazoned on his car proved quite telling, also offering the added bonus of a driver dialling 999 in panic, due to harassment from Traffic cops! It seems there was a court case over a Sex Pistols record and the word Bollocks defined as legally acceptable.

FUTURES

Time Issued

Market

Price At Issue

Short Entry

Fast Exit

Slow Exit

Stop

Long Entry

Fast Exit

Slow Exit

Stop

Prior

10:33:22PM

BRENT

62.65

               

10:34:59PM

GOLD

1455.83

1453

1451

1446

1462

1462

1463.5

1467

1455

‘cess

10:37:45PM

FTSE

7399.8

               

Success

10:40:14PM

FRANCE

5934.5

               

10:44:55PM

GERMANY

13262

               

10:47:50PM

US500

3132.77

               

10:50:41PM

DOW

28056.5

               

‘cess

10:52:33PM

NASDAQ

8373.27

8290

8254

8214

8349

8374

8378

8400

8294

Success

10:54:48PM

JAPAN

23425

               

‘cess

25/11/2019 FTSE Closed at 7396 points. Change of 0.96%. Total value traded through LSE was: £ 5,544,320,565 a change of 6.78%

22/11/2019 FTSE Closed at 7326 points. Change of 1.22%. Total value traded through LSE was: £ 5,192,412,665 a change of -5.45%

21/11/2019 FTSE Closed at 7238 points. Change of -0.33%. Total value traded through LSE was: £ 5,491,994,018 a change of -12.81%

20/11/2019 FTSE Closed at 7262 points. Change of -0.83%. Total value traded through LSE was: £ 6,298,819,044 a change of 17.12%

19/11/2019 FTSE Closed at 7323 points. Change of 0.22%. Total value traded through LSE was: £ 5,378,033,826 a change of -0.49%

18/11/2019 FTSE Closed at 7307 points. Change of 0.07%. Total value traded through LSE was: £ 5,404,777,192 a change of 7.28%

15/11/2019 FTSE Closed at 7302 points. Change of 0.14%. Total value traded through LSE was: £ 5,038,024,383 a change of -3.76%

This post has already been read 80 times!

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.