Is this trend a good trading opportunity?
Will Barclays turn, or will it continue to rise to 154p? (+4.5%)
- Shares +7.9% from recent lows
- Now trading 146p (at time of writing);
- Will the positive momentum continue towards highs of 154p? (+4.5%)
- Sept 10th; Barclays announce further PPI provisions of £1.2bn-1.6bn
- Shares -13.6% from 2019 highs; +7.9% from 2019 lows; +1.3% year-to-date.
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal