Prudential, John Wood Group, Charter
Prudential - some fundamentals bounce but also like the TA too. 17.10.8 was also a price low - quite a lot of that at the moment. Very rangey so PR potential - also crossed a stochastic and already the biggest price riser 20.10! Huge buy pressure in queue too - most sells can be discounted too as from previous higher times. Difficult to judge buy upper limit even at £3.40 PR quite achievable. Closing price today was distorted by lack of sellers - buy price otherwise at £3.20. I anticipate buying of this stock overnight and price gapped up to £3.60. Would usually cause me to back off but feel this share has more miles to run. Life Insurance sector.
John Wood Group - all time low 17.10.8. Stochastic crossed. Rangey last 5 days. Price can be quite sedate then rise sharply - but also decline as fast! Buy pressure in queue. Buy up to £2.20. Oil equipment and services sector.
Charter - another share all time low 17.10.8! Usually not much scope intraday but there is currently as it seems to be making good its price loss in steady fashion. Price trended up most of last two trading days and plenty in queue waiting to buy. Buy up to £3.80. Industrial engineering sector.
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