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Home / Support and Resistance / Tate & Lyle plc (TATE.L) 03-10-19

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Tate & Lyle plc (TATE.L) 03-10-19 A trading opportunity for you?

Will Tate & Lyle plc (TATE.L) shares break below the 700p support, or return to highs of 800p (+15%)?

 

  • Currently close to the 700p support at 695.6p (at time of writing).
  • This has been identified for ostensibly strong support level. Traders should consider whether they think it will hold up again.
  • Will the price bounce again to recent highs at 800p? (+15%).
  • Technical traders should consider potential news and developments. Check our website and the press for updates in future.
  • Shares -13% from 12-month highs; +9% from 12 month lows.
  • Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

 

Click to enlarge

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