TRADING ROOM

 

Updated on 13th January 2020

 

Gan plc

 

Trading at £1.75. The chart continues to be bullish. The long term chart indicates that it is breaking through the all time high of £1.75 reached in 2014. The short term chart (showing the 18 & 5 day simple moving averages) shows that the 5 day remains above the 18 day. When the 5 day falls below the 18 day, the signal changes from bullish to bearish.

 

Conclusion: Short term outlook continues to be bullish.

 

CLICK HERE FOR LONG TERM CHART OF GAN PLC

 

CLICK HERE FOR SHORT TERM CHART OF GAN PLC (SHOWING 18 & 5 DAY SIMPLE MOVING AVERAGES)

 

 

Segro plc

 

Trading at £8.73. The long term chart remains bullish. However the short term chart (showing the 18 & 5 day simple moving averages) has turned bearish, as the 5 day has fallen below the 18 day.

 

Conclusion: Short term outlook is now bearish.

 

CLICK HERE FOR LONG TERM CHART OF SEGRO PLC

 

CLICK HERE FOR SHORT TERM CHART OF SEGRO PLC (SHOWING 18 & 5 DAY SIMPLE MOVING AVERAGES)

 

 

S & P 500 Index

 

Trading at 3,288. The candle stick chart remains bullish. A ‘morning star’ at the beginning of December 2019 which was followed by three ‘two green gapping’ indicators, confirms a bullish outlook in the short term. The long term outlook also remains bullish.

 

CLICK HERE FOR CANDLESTOCK CHART OF THE S & P 500 INDEX