Stock analysis Touchwood Entertain Ltd. TOUCHWOOD
Recent prices of TOUCHWOOD Touchwood Entertain Ltd. are as follows: Daily volume is divided by 10 day averaged volume
Technical analysis forecast for Touchwood Entertain Ltd. Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Touchwood Entertain Ltd. TOUCHWOOD at this time. Stock is falling and might fall more.
It appears as if Touchwood Entertain Ltd. TOUCHWOOD gave a large move recently.
Stock of Touchwood Entertain Ltd. (TOUCHWOOD) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Touchwood Entertain Ltd. is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Touchwood Entertain Ltd. stays below 159.2, but if it comes above 159.2, then a intra day buy could be more profitable.
If you take a sell trade below 159.2, then use 159.2 as stoploss and 154.4 as target. However if you take a buy trade in Touchwood Entertain Ltd., then use 159.2 as stoploss and 163.11 as target.