RNS Trading Wed 27 Mar 24
REVB Revolution Beauty - slightly ahead may move the needle : chart shows support at 200MA confluent with a 50% retrace of the recent Dec '23 high see RNS Revolution Beauty (AIM: REVB), the multi-channel mass beauty innovator, provides a trading update for the year ended 29 February 2024 ("FY 2024"). The Group has...Continue reading→
RNS Trading Tues 26 Mar 24
As suggested pre market - Tharisa formed a breakout gap above the 50MA (black line in chart) on the open this am following news of a share buyback of up to 10% of shares issued. Considering that institutions and other tight hands hold 69% of shares issued, this is should underpin the current price level...Continue reading→
RNS Trading Mon 25 Mar 24
Click on EPIC to open the chart Click on Headline to Open RNS Click on Time Stamp to see all...
Weekly Wrap 12-24: Sun 24/3/24
A Look Through the Indices The weekly plot of global indices and commodities is shown below This week was a major macro news week which saw the CPI number in Europe unsurprising, the BOJ raising interest rates for the first time since 2007, UK inflation coming in slightly lower than expected on Wednesday. But the...Continue reading→
RNS Trading Fri 22 Mar 24
Dollar reasserts strength following the sell off from the FOMC meeting on Wednesday. Gold precious metals and copper all responded accordingly, with gold back around the 8 EMA at $2174 from a high yesterday at almost $2230 (see charts). Uranium continues to recover off its low of $82 last week now eyeing $90 ,YCA, GCL ...Continue reading→
RNS Trading Thurs 21 Mar 24
FTSE 100 in the lead this morning rallying+1 .3% following the FOMC meeting yesterday and building on both CPI stronger pound, and into the BOE meeting risers outnumbered fallers in stocks by two to one areas of Green concentrated in Precious Metals Miners Oil & Gas and Banks REITs, travel and leisure In the mega...Continue reading→
RNS Trading Wed 20 Mar 24
UK markets pared losses once the US opened yesterday but still saw fairly broad selling with the exception of Aerospace & Defence , Tobacco Non-life Insurance. The US closed in the green With the Nasdaq finding support at its 21 EMA- it does seem to be losing momentum although the S& P 500 rallied 0.6...Continue reading→
RNS Trading Tues 19 Mar 24
UK markets pulling back slightly in advance of tomorrow’s UK inflation data and US FOMC decision . Brent oil's continued rise now above $86 is also a spectre of prolonged inflation which fits with the “higher for longer” narrative on interest rates. Given the run- up in markets especially in the US on the...Continue reading→
RNS Trading Mon 18 Mar 24
CHAR chariot Limted - RNS potential positive catalyst of transactional power business sale for a reversal trade set-up with a volatility squeeze firing on the daily Thungela Reports - See RNS likely a lot of the bad news already in the price so potential for a bounce on rising oil prices though revenue...Continue reading→
Weekly Wrap 11-24: Sun 17/3/24
The weekly plot of global indices and commodities is shown below China led the main indices this week up 2.3 % while copper gained over 6%. These two events are linked as China remains the biggest global consumer of copper consuming over 52% of global copper volume. The FTSE100 making it the second-best performing index globally...Continue reading→
