A potential turning point is flagged if the market is close to a support, resistance or retracment level and is showing signs of a possible reversal.
The chart shows a historic price chart with support and resistance lines and a forecast area for the next five days.
The TurningPoint Alert must always be confirmed by fundamental analysis and breaking economic news.
Buy Alert: Turning Point
Signal Setup Chart for DAY (Daisy Group PLC)
Hot Zone: Region where intraday price action is expected for the next five days.
Comment:
Support at 1.38 held.
Upward intraday breakout.
Targets:
Short term target : 1.48
Medium Term Target: 1.61
Long Term Target: 1.96
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Signal Setups 