ADVFN ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for smarter Trade smarter, not harder: Unleash your inner pro with our toolkit and live discussions.

Taylor Wimpey Price: TW. Breaks Southbound, and Price Settles for a Support

Share On Facebook
share on Linkedin
Print

Following the sudden bearish gap at the critical trade line of 105 in Taylor Wimpey Plc (LSE:TW.), the share price has now stabilized around the 95 support level.

On the bullish side, if the 95 trade zone holds firm, it could provide a foundation for accumulation and a gradual rebound. Conversely, if selling pressure persists and the trade line fails to sustain, the market risks deeper extensions toward lower structural floors, reinforcing bearish sentiment in the near term.

Resistance Levels: 105, 110, 115
Support Levels: 95, 90, 85

Can Taylor Wimpey (TW.) Rebound From Support as Shorter EMAs Converge Toward Longer-Term Averages?

Taylor Wimpey Plc’s market operation demonstrates rebound potential from support, as shorter EMAs highlight strengthening upside momentum, thereby cautioning that sellers risk overextension while the stock steadily consolidates on a support foundation.

A distinctive picture has shown up in the way that the 15-day EMA indicator has been positioned underneath the trend line of the 50-day EMA indicator, with a series of candlesticks being formed in ranging sizes at a close point to the smaller moving average. The stochastic oscillators have tentatively shifted further south into the oversold region. Here’s a refined and more technically advanced version of your statement. We do not recommend dwelling on any signals of decline, as the situation has become increasingly prone to whipsaw conditions that could invalidate further attempts to push the market downward.

Learn from market wizards: Books to take your trading to the next

CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).

This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Ltd. ADVFN Ltd does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

Comments are closed

 
Do you want to write for our Newspaper? Get in touch: newspaper@advfn.com