Greencore Group plc : Near the lower band of a trading range
Entry price | Target | Stop-loss | Potential |
---|
GBX 352.8 |
GBX 0 |
GBX 346.8 |
-100% |
---|
Take advantage of the bullish trend forming.
Greencore Group shows a bullish configuration in the medium and long term. In weekly data, moving averages are well-oriented. The current pattern shows a trading range GBP 350/392 and the stock is currently near the lower band of this area.
Investors should closely monitor the security near the GBp 350, to take advantage of a renewed upward acceleration in the direction of the GBp 370. This area will be our first target price. The stop-loss will positioned under GBp 349.7.
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