Category Archives: UK Stocks

Tesco (LSE) outlook using Elliott Wave Analysis

Posted on January 15, 2012 by Ramki

In today’s Financial Times, I read an interesting article by Paul Murphy that started off like this: “About 40 teams of sell-side analysts cover Tesco, the nation’s leading grocer, slavishly updating their forecasting models with every grain of fresh shopping … Continue reading →

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Posted in UK Stocks | Tagged , , | 7 Comments

Elliott Wave Analysis of BP (Energy Giant)

Posted on June 1, 2010 by Ramki

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 … Continue reading →

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Posted in UK Stocks | Tagged | 1 Comment

Elliott Wave outlook for BP (Energy Company)

Posted on May 4, 2010 by Ramki

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 … Continue reading →

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Posted in UK Stocks | Tagged , | 4 Comments

Barclays stock rallies

Posted on April 14, 2009 by Ramki

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.

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Posted in UK Stocks | Tagged , , | 2 Comments