by Ramki | Jun 1, 2010 | UK Stocks
Just over 3 weeks back the Wall Street Journal reported in its Market Watch that analysts were saying BP’s tumble on oil spill was overdone. It quoted analysts’ target of 730 pence for the share from its current level of around 575 pence. Elliott Wave Analysis of BP...
by Ramki | May 4, 2010 | UK Stocks
Today I came across a report where an analyst was calling for BP to reach 730 pence from its current level of around 575.50. However, from an Elliott Wave perspective, the outlook for BP doesn’t look so rosy. I am of the view that we are headed a lot lower. Take a...
by Ramki | Apr 14, 2009 | UK Stocks
Elliott Wave Analysis of Barclays Bank Today the news is Barclays Bank went to a three-month high on market optimism fueled by some nice numbers from US Bank Goldman Sachs. So I decided to take a look at what the charts tell us about Barclays. Like most other big...
