Technical Analysis

Wait for the Signal!

With any reversal, it is vital to wait for the correct signal. Here, looking at the Legal and General daily chart, we see an inverse Head & Shoulders pattern. The failure to break the neckline between the two shoulders confirms a new, bearish trend

The information contained in this case study is believed to be correct but cannot be guaranteed. Investors should be aware that the value of investments and the income derived from them can fall as well as rise, and past performance is not necessarily a guide to future performance. The information contained in this case study does not constitute a personal recommendation to deal in any particular shares. You should consult a personal advisor to discuss the suitability to your personal circumstances and investment objectives.