Signal for Day Traders.
SELL JOHNSON MATTHEY PLC BELOW 3512 WITH SL OF 3542 TP 3480
Johnson Matthey PLC is a global specialty chemicals company. It operates in five divisions: Emission Control Technologies, Process Technologies, Precious Metal Products, Fine Chemicals and New Businesses. Emission Control Technologies (ECT) comprises light duty and heavy duty diesel catalyst systems for vehicles and industry. Process Technologies is a supplier of catalysts, licensing technologies and other services to the syngas, oleo/biochemical, petrochemical, oil refining and gas processing industries. Precious Metal Products manages, distributes, refines and recycles precious metals and fabricates products using precious metals and related materials. Fine Chemicals is a supplier of active pharmaceutical ingredients, chemicals and other specialty chemical products and services to a range of pharmaceutical and chemical industry customers and industrial and academic research organizations. New Businesses focuses on its Battery Technologies and Fuel Cells Businesses.
Official website: www.matthey.com
Signal for Day Traders.
SELL JOHNSON MATTHEY PLC BELOW 3512 WITH SL OF 3542 TP 3480
Last edited by jonsmith; 06-03-2015 at 07:38 AM.
TARGET 3445
The Major trend of JOHNSON MATTHEY PLC it is showing strength for selling. If it breaks support level of 3475 then target level can be attained.
CHART FORMATION:-
Stock is trading in a range and line will lead to downward movement. Stock is trading below the 50 DMA with negative bias.
JOHNSON MATTHEY PLC
BUY
TARGET 1225
The Major trend of JOHNSON MATTHEY PLC it is showing strength for buying.
If it breaks the resistancelevel of 1210 then it can test the target level of 1225
Stock is trading in a range and trading near the trendline. Breaking the resistance line will lead to dupside movement. Stock is trading above the 50 DMA with positive bias.
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Last edited by jonsmith; 06-12-2015 at 07:06 AM.
BUY
TARGET 3155
The Major trend of JOHNSON MATTHEY PLC it is showing strength for buying. If it breaks the RESISTANCE level of 3125 then it can test resistance level for the target of 3155.
Stock is trading in a range and trading near the trend line. Breaking the resistance line will lead to upside movement. Stock is trading above the 50 DMA with positive bias.
Skype jonsmith1091
RECOMMENDATION SELL
TARGET 2955
The Major trend of JOHNSON MATTHEY PLC it is showing strength for selling .If it breaks the support level then one can initiate the selling position in the stock. If it breaks the level of 2985 then it can test support level for the target of 2955 with the stop loss of 3015.
CHART FORMATION:-
Stock is trading in a range and trading near the trendline. Breaking the support line will lead to downside movement.
Stock is trading below the 50 DMA with -ve bias.
RSI is trading near to 48.90 level with negetive bias, in upcoming session downside movement is expected.
Skype jonsmith1091
SELL
TARGET 2950
The Major trend of JOHNSON MATTHEY PLC it is showing strength for buying .If it breaks the resistance level then one can initiate the buying position in the stock. If it breaks the level of 2920 then it can test resistance level for the target of 2950 with the stop loss of 2890 .
INDICATORS:-
RSI is trading near to 58.17 level with positive bias, in upcoming session upside movement is expected.
MACD and Signal line is sustaining above the zero level line.
Skype jonsmith1091
BUY
TARGET 2950
The Major trend of JOHNSON MATTHEY PLC it is showing strength for buying .If it breaks the resistance level then one can initiate the buying position in the stock. If it breaks the level of 2920 then it can test resistance level for the target of 2950 with the stop loss of 2890.
INDICATORS:- RSI is trading near to 57.61 level with positive bias, in upcoming session upside movement is expected.
MACD and Signal line is sustaining above the zero level line.
Skype jonsmith1091
SELL
TARGET 2805
The Major trend of JOHNSON MATTHEY PLC it is showing strength for selling .If it breaks the support level then one can initiate the selling position in the stock. If it breaks the level of 2840 then it can test support level for the target of 2805 with the stop loss of 2875.
INDICATORS:-
RSI is trading near to 44.82 level with negative bias, in upcoming session downside movement is expected.
MACD and Signal line is sustaining below the zero level line.
Skype jonsmith1091