Stock Market News
Prices
Cable poised to attack resistance
29-08-2014 09:40
| Add To Google +1 | Tweet |
Technical analysts at Digital Look are pointing out that the recent bounce in cable has been "rather weak", adding that it began from the base of the short-term descending channel.
"The short-term trend continues to be bearish, but that doesn't mean that cable might try to attack the channel's upper trendline at 1.6640," they said.
In any case, they remain adamant that the pair has no important levels of technical support until the 1.6250-1.6260 area is reached.
JR
"The short-term trend continues to be bearish, but that doesn't mean that cable might try to attack the channel's upper trendline at 1.6640," they said.
In any case, they remain adamant that the pair has no important levels of technical support until the 1.6250-1.6260 area is reached.
JR
| Related share prices |
|---|
Stock News is provided by Digital Look Corporate Solutions from Sharecast news. Please read the terms and conditions of useage of this data. Republication or redistribution of content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Digital Look Ltd.
Get a free widget for your website with our latest headlines.
You can now add our live prices and new headlines to your website.The news widget features quotes for Oil prices, spot Gold price and Indices plus a choice of news channel for healines.
| Enter share symbol |
| Search share prices A to Z |
Top Shares pages
- Share price quotes
- Share charts
- Share watch list
- Company Results Calendar
- UK 100 Shares
- Stock market news
- Company news
- Share tips
- A-Z company search
More share features
POPULAR Share Prices
- Royal Mail
- Lloyds share price
- HSBC share price
- Barclays share price
- Prudential share price
- Diageo share price
- BP share price
- Vodafone share price
- British Airways
- Centrica share price
- Tesco share price
- National Grid
- RBS share price
- GSK share price
- Marks and Spencer
- Rolls Royce
- Banco Santander price
- Direct Line
- Rio Tinto
- Amec
- Corac
- Lookers
- Telecom plus
- Kier share price
- Punch taverns
- Blinkx share price
- Tan share price
- Yell share price
- Rsa share price
- Pendragon share price
- Logica share price
- Bat share price
- Sky share price
- Kingfisher share price
- Dragon Oil share price
- Desire Petroleum share price
- RRL share price
- BPC share price
- VOG share price
- SAR share price