Four Nigerians in the UK Sentenced to 22 Years for Phone Robbery
Gang Sentencing: Four UK-based Nigerians received a combined 22-year prison sentence for their involvement in a phone robbery operation that targeted mobile phone shops in London, contributing to a total gang sentence of over 55 years for stealing £240,000 worth of items.
Robbery Modus Operandi: The ten-man gang primarily targeted EE stores, using threats of violence to force staff to access secure stock rooms, and were arrested while attempting another robbery in November 2024.
Investigation Techniques: The Metropolitan Police utilized CCTV analysis, forensic evidence, and mobile phone data to link the suspects to the crimes, leading to the recovery of stolen devices and further evidence of their involvement in additional robberies.
Police Commitment: Detective Constable Stephen O’Connell emphasized the Met's ongoing efforts to dismantle organized crime networks and the importance of collaboration with retail partners to combat phone theft and robbery.
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Technical Analysis for FORM
Technical Sentiment Analysis for Formation Fi (FORM) As of , Formation Fi (FORM) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for FORM stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, FORM is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Formation Fi (FORM) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0773 | 0.136 | 0.185 | 0.244 | 0.293 | 0.351 | 0.401 |
| Fibonacci | 0.136 | 0.177 | 0.202 | 0.244 | 0.285 | 0.31 | 0.351 |
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