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NCC Group plc. is a holding company. The principal activity of the Company is the provision of independent advice and services to customers by way of the provision of escrow and assurance services. It operates through three segments: Group Escrow, Assurance and Domain Services. The Domain Services segment is focused on maintaining and publishing the .trust security standards. It operates in two divisions: Assurance and Escrow. Its Assurance division includes security and risk consulting service and software testing and Website performance. It offers a range of complementary services, including expert security assurance and penetration testing, cyber defense operations, incident response and forensics, managed security services and security operations centers, as well as risk mitigation and governance. Its escrow and verification services assure the long-term availability of third-party supplied applications and software packages, protecting both end users and software suppliers.

The stock finished trading on the London stock exchange at 190.75p a share, up by 3.11% compared to the previous close. We expect the northward journey of the stock to continue and the stock shall rise in the coming trading sessions as well. Currently, the stock has been trading above its 20 day moving average (DMA), 50 DMA and 100 DMA of 167.0p, 161.0p and 143.0p respectively. Clearly the technical indicators and moving averages suggest strong buy for the stock. In terms of technical analysis and charting, the stock has made green marubozu candle which indicates breakout! Also, after consolidating for over a month, the stock has finally given a breakout and that’s what also confirms the continuing upward rally of the stock. Traders or investors shall accumulate the stock in the range of 190p-192p for the immediate target of 200.0p as 200.0 p shall act as a strong resistance The stop loss would be 184.0 However, in case the stock gives a breakout above 200p as well, then the stock may make new highs at 230.0p. Therefore, traders or investors would be advised to keep an eye at the respective levels and accordingly hedge their positions. (Read more)

Other Insights on Related Shares: NCC.L

Discussions are continuing regarding the deal whereby 21st Century Fox would buy the remaining shares in private broadcaster Sky (SKY:LN), a deal which would value the pay TV giant at GBP 18.5 billion. The American group has submitted a response to the U.K. government's suggestion to request a more in-depth competition review of the entertainment conglomerate's planned deal to take full control of Sky. Karen Bradley, the culture Secretary, who oversees the deal, is reportedly "minded to" refer Fox's £11.7bn Sky takeover to competition authorities over public interest concerns. (Read more)

Other Insights on Related Shares: SKY.L
Related Shares: Sky Share Price

Discussions are continuing regarding the deal whereby 21st Century Fox would buy the remaining shares in private broadcaster Sky (SKY:LN), a deal which would value the pay TV giant at GBP 18.5 billion. The American group has submitted a response to the U.K. government's suggestion to request a more in-depth competition review of the entertainment conglomerate's planned deal to take full control of Sky. Karen Bradley, the culture Secretary, who oversees the deal, is reportedly "minded to" refer Fox's £11.7bn Sky takeover to competition authorities over public interest concerns. (Read more)

Other Insights on Related Shares: SKY.L
Related Shares: Sky Share Price

Easy Jet plc. is a United Kingdom-based low-cost airline carrier. The Company operates as a low-cost European point-to-point short-haul airline. The Company operates through its route network segment. The Company operates on over 820 routes across more than 30 countries with its fleet of over 250 Airbus aircrafts. The Company's total fleet of aircrafts is split between 156-seat Airbus A319s, 180-seat A320s and 186-seat A320s. It is also focused on operating its fleet of A320neo aircrafts. The Company's bases include the United Kingdom, Switzerland, Italy, France (Paris, Charles de Gaulle, Lyon and Toulouse), Amsterdam, Venice, Oporto, Lisbon and Barcelona. It operates in airports, such as Gatwick, Edinburgh, Nice, Milan Malpensa, Venice Marco Polo, Naples, Basel and Geneva. The Company offers a mobile application-only proposition, targeting customers wishing to switch flights at short notice on the day of travel, and also offers pre-purchased in-flight vouchers.

The stock finished trading on the London Stock exchange on 10th July at 1414.0p a share, down by 0.35%% compared to the previous close. Currently, the stock has been trading above its 20 day moving average (DMA), 50 DMA and 100 DMA of 1357.0p, 1323.0p and 1168.0p respectively. In terms of technical analysis or charting, the stock had made a green marubozu candlestick pattern which points out towards the continuing rally of the stock. However, the same would get confirmed, once the stock breaches and gives a closing above 1421p. RSI and MACD also points out towards the positive momentum of the airline company. Prior to making marubozu candlestick pattern, the stock has been consolidating for at least 6 to 7 trading sessions. Hence, the current breakout shall take the stock to new highs soon. Therefore, we recommend buying Easy jet Plc. above 1421p for the target of 1500p respectively. The time frame to achieve this target would be 0 to 3 months. In weekly charts also the stock is making rounding bottom pattern which is also a bullish pattern. Probably a minor correction in the stock cannot be ruled out but that would also make the stock attractive in terms of valuation and traders shall take every dip also an opportunity to buy. (Read more)

Other Insights on Related Shares: EZJ.L
Related Shares: Easyjet Plc Share Price
Posted by MaxMarioni on 9 July 2017, 7:18 PM

The declining share values of Oil Majors

Does it still make sense to invest in an oil major? Energy companies have seen their influence on stock markets wane in recent years. In 2012, the S&P 500 value index in the US and the corresponding benchmark index for energy companies showed perfect correlation: now oil and gas companies are performing at half the level of the general market. And on the LSE, BP (BP:L), and Shell (RDSA:L), are not doing much better. (Read more)

Topics: Energy, Oil
Other Insights on Related Shares: BP..L, RDSA.L

Iofina Plc. is a ‘Buy’ at the current levels as the stock offers a phenomenal scope of upside! The stock finished trading on the London stock exchange at 13.0p a share, up by 6% compared to the previous close. Yesterday, the stock was one of the top gainers on the bourses and we expect the northward journey to continue. In our last article on Iofina Plc., we had given the target of 20p and the stock did rise from 13.0p to 16.0p respectively. However, it couldn’t breach the resistance of 16.0 p and afterwards headed for a correction.  The stock took support at 10.0p and has been rising after its consolidation at the same level. In terms of technical analysis or charting, the stock has surpassed the downward trend line which also confirms the trend reversal and likely bullish trend. Currently, the stock has been trading above its 20 day moving average (DMA), 50 DMA and below 100 DMA of 12.1p, 12.98p and 13.8p respectively. MACD and RSI also confirms the buying, thus traders can initiate fresh longs at the current levels for the target of 23.0p. We revise the target price to 23.0p and the time frame to achieve this target would be 0 to 3 months.

(Read more)

Topics: Analysis
Other Insights on Related Shares: IOF.L
Related Shares: Iofina Plc Share Price

ANGLE plc. Is a holding company. The Company's principal activity is undertaken in relation to the commercialization of its Parsortix cell separation system, with deployment in non-invasive cancer diagnostics. The Company is a specialist medical diagnostic company, which offers products for cancer diagnostics and fetal health. Its Parsortix cell separation system uses a microfluidic technology in the form of a one-time use cassette to capture and then harvest circulating tumor cells (CTCs) from blood. The cassette captures CTCs based on their less deformable nature and larger size compared to other blood components. The resulting liquid biopsy (blood test) enables the detection and investigation of mutations in the patient's cancer for personalized cancer care. The harvested CTCs have a range of applications, including diagnosis, prognosis, mutational analysis and drug selection, drug development, assessment of treatment effectiveness and remission monitoring.

The stock finished trading on the London stock exchange at 68.0 p a share on 3rd July, down by 2.16% compared to the previous close. Currently, the stock has been trading above its 20 day moving average (DMA), 50 DMA and 100 DMA of 63.9p, 55.7p and 53.7 p respectively.  A day before, stock had clearly made a green marubozu candle on the daily charts which points out towards the bullishness of the stock. However, we couldn’t get the confirmation of the bullish trend as yesterday the stock gave a negative closing. The stock needs to give a breakout above 70.0p as that would confirm the further up move in the stock. In case of breakout above 70.0p, traders or investors can even initiate fresh long positions in the stock. Therefore, we recommend buying Angle Plc. above 70.0p for the short term target and stop loss of 80.0p and 64.0 P respectively. The momentum oscillators also points out that the stock shall move up only, thus traders shall wait for the breakout. (Read more)

Topics: Analysis
Other Insights on Related Shares: AGL.L
Related Shares: Angle Plc Share Price

Following the inconclusive result of the 2017 general election which failed to give any party an outright majority in parliament, the Conservative party made a deal with the Northern Irish Democratic Unionist Party (DUP), to ensure their support for Theresa May's government. This resulted in the shelving of large parts of the Conservatives' manifesto, such as the abandonment of the pension triple lock, a cap on social care costs, and means-testing winter fuel payments, among other policies. (Read more)

Tesco Plc. is an avoid at the current level for the time being as the stock has been falling continuously for the last few days and we expect the correction to continue. Traders or investors are not adviced to initiate fresh positions or fresh longs in Tesco Plc., till the stock starts consolidating. The stock finished trading on the London stock exchange at 166.1p on 24th June, down by 0.27% compared to the previous close. A few days back, the stock has formed ‘Bearish engulfing’ candle and the next day the bears took the charge by piercing a day before low as well and the stock continued to fall. Therefore, in terms of technical analysis or charting the trend looks weak. The stock has been trading on the lower side of the Bollinger band, which is another sign of a bearish trend. The momentum oscillators like RSI and MACD also points out towards the downside. Although, the RSI is at 27 which also indicates that the stock is in oversold zone now and shall bounce back soon. Hence, investors shall wait for a strong trend reversal sign before building any fresh long positions. The stock is likely to have a support at 165p, but if it is not able to sustain the support zone of 165p as well, the stock may test the lows of up to 154p.

(Read more)

Topics: Analysis
Other Insights on Related Shares: TSCO.L
Related Shares: Tesco Share Price
Posted by MaxMarioni on 25 June 2017, 9:58 AM

Glencore Seeks Rio Tinto's Mines

In continued negotiations for a deal that would see considerable upheaval in the global mining market, Glencore (GLEN:LN), the biggest coal miner in the Australasian region, has upped the ante in its pursuit of Rio Tinto's (RIO:LN) Hunter Valley mines. The Swiss commodity trading colossus has tabled an offer in the region of $225 million in excess of another offer, by Chinese firm Yanzhou Coal mining, which was already unofficially accepted by Rio Tinto's board. In addition to the raised bid, Glencore offered new incentives, such as a large deposit and hedges against regulatory delays, as well as clarifying issues concerning funding. (Read more)

Other Insights on Related Shares: GLEN.L, RIO.L