Saxo Group Videos

Neighbour: Selling Aviva as FTSE 100 trends lower

The FTSE 100 is trending lower and Joe Neighbour is therefore looking for opportunities to sell. He believes Aviva is a good candidate to short.

According to Neighbour, shares in the insurance company have completed a large top pattern on the daily chart on a move below 480p, which is now acting as resistance. On a relative basis, the stock has been performing poorly and hitting new lows, he adds.

Neighbour is looking to sell at around 472p, targeting a move down to around 420 with a stop loss at around 500p.

01:08 minutes
Tags: aviva, equities, equities saxo, equities trading, equity, equity index, equity market, equity markets, equity research, equity strategy, equity trading, ftse, ftse 100, ftse 100 index, ftse index, ftse index 100, ftse100, index, insurance, insurance company, joe, joe neighbour, joe neighbour central markets, neighbour, saxo, saxo bank, saxo bank equities, saxo bank group, saxo bank saxo tv, saxo bank traders, saxo bank traders tale, saxo bank trading, saxo bank trading floor, saxo bank tradingfloor.com, saxo bank tv, saxo capital markets, saxo traders, saxo trading, saxo tv, saxo tv saxo bank, saxo tv trades, saxo tv trading, saxo tv trading floor, saxo tv tradingfloor, saxo tv tradingfloor.com, saxobank, saxobank.com, saxotrader, saxotradergo, saxotv, shares, shares down, shares prices, shares uk, stock, stock exchange, stock market, stock markets, stock picks, stock price, stock prices, stock trading, stocks, stocks markets, trade, trade idea, trade ideas, trade view, trader, trader idea, traders, traders tale, traders tale joe neighbour, traders tale saxo tv, trades, trading, trading equities, trading floor, trading floor saxo tv, trading idea, trading platform, trading risks, trading strategy, trading tips, tradingfloor, tradingfloor saxo bank, tradingfloor saxo tv, tradingfloor trades, tradingfloor.com, tradingfloor.com insights, tradingfloor.com saxo tv, tradingfloor.com trade ideas, tradingfloorcom

Switch to