Old resistance becoming new support is one of the key technical analysis and charting messages that one wishes to receive with regard to stocks and markets in steady uptrends. This is what we can currently see on the daily chart of Vectura Group.
There can be said to be reason to celebrate as far as the Parity shares are concerned on a technical basis. This is largely on the basis that the stock has recovered its 200 day moving average at 9.27p on a weekly close for the first time in nearly two years.
Although there is not exactly a wealth of historical data on the daily chart of Coral Products, it can be seen how the shares have in their own way delivered most of the major bullish signals over the past year.