uksharetipper, Author at uksharetips.com

UBM 5th January 2017

Posted on January 5, 2017 Written by uksharetipper

We added UBM today. You can see from the chart below that UBM has been in an uptrend since early 2016 and has outperformed its Sector (Media) and the Allshare Index over the same period. Technically this makes it a strong stock. We also like the fact that it has held its 200 day moving average since last February and has bounced each time the lower bollinger band has been tested. It fired on Tuesday and we added it today at 738.5

click chart to enlarge

GKN 4th January 2017

Posted on January 4, 2017 Written by uksharetipper

There is natural Resistance on this chart at 331.8 and you can see that GKN is making a third attempt to clear this level. We anticipate that it will and this will lead to higher prices. The LT indicators look supportive. We bought at 332.4

click chart to enlarge