Is this trend a good trading opportunity?
Will Weir Group turn, or will it continue to rise to April highs around 1808p?
- Shares +22.6% since early August.
- Oil services company’s shares testing late July.
- Now trading 1510p (at the time of writing).
- Will the positive momentum continue towards April highs around 1808p?
- Shares are -17% from 2019 highs; +23% from 2019 lows; +18% year-to-date.
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal