Is this trend a good trading opportunity?
Will GlaxoSmithKline turn, or will it continue rising?
- The chart shows the GlaxoSmithKline price action since the beginning 2018.
- Shares in a 2 year-long uptrend; now at 1,685p.
- Shares now -4.5% from 2019 highs; +17.5% from 2019 lows; +13% year-to-date
- Shares risen 4% in the past week. Will this positive momentum continue?