Is this trend a good trading opportunity?
Will Babcock turn back, or will it continue to rise towards Feb highs of 575p (+12.9%)?
- Shares +5.77% since 21 Aug; Now 498p (at the time of writing).
- Will the shares keep rallying back towards Feb highs of 575p?
- Shares -13.5% from 2019 highs; +21% from 2019 lows; +2.6% year-to-date.
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal