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Home / Ranges / Ascential plc (ASCL.L) 04-10-19

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

Ascential plc (ASCL.L) 04-10-19 A trading opportunity for you?

Will shares break support, or will Ascential plc (ASCL.L) continue within the current range and return to the range highs at 390p? (+14%)

 

  • Currently trading around the 350p support at 352.0p (at time of writing).-
  • The range has proven robust to date. Will the pattern repeat?
  • The price has traded within this range for some time, albeit with occasional false breaks. However, traders should be mindful of stop-loss placement.
  • Will the price continue in this range, bouncing once again to recent highs of 390p? (+14%).
  • Shares -14% from 12-month highs; +4% from 12 month lows.
  • Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

 

Click to enlarge

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