British Banks Dodge a Legal BulletBritish Banks Dodge a Legal Bullet, but Still Face Billion-Pound Costs
Ion Jauregui – Analyst at ActivTrades
The UK Supreme Court relieves financial institutions from paying up to £44 billion over the car finance scandal. The FCA is preparing compensation plans that could cost up to £18 billion.
Short WISE as leading diagonal has been completedWISE can be shorted with the first target at the lower edge of the diagonal and then, at around 800 pence (start of wave 5), if move lower confirmed.
Clear RSI divergence shows trend reversal in the short-term at least (until touching lower band of the diagonal). So the lowest upside is around 14-1
ALPHA GROUP INTERNATIONAL will keep its momentum going!#ALPHA is a fintech company that offers currency risk management and payment solutions.
With a price-to-earnings ratio of approximately 12,
it signifies a solid investment for a growth-oriented fintech firm that is increasing its earnings by about 20 to 25% annually.
In light of the #UKX breaking th
Bull Flag Formation on the Daily ChartA bull flag pattern is forming on the 1-day chart, supported by a steady increase in volume—suggesting growing bullish momentum.
Flagpole base: ~72
Potential breakout level: ~92
First price target (PT1): ~100 (next key resistance level)
Measured move target (PT2): ~112 (based on flagpole height)
T
Once every 2 years Opportunity!The price has been respecting a bullish weekly trendline since 2013. On average, the price was touching and rejecting the trendline every 2.2 years since 2013. Following rejection it took the stock approx 1.75 years to reach an averaged gain of 160%. Now we are at that opportunity again and there's
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