Equiniti Group PLC (EQN.L) A trading opportunity for you?
Will Equiniti Group PLC (EQN.L) break the resistance line at 220p, or will it fall back to the bottom of the range at 200p? (-8.3%)
- 200p-220p trading range since the turn of the year, though was have seen some false breaks.
- Trading at 218p (at time of writing)
- Is this an opportunity for short sellers? Will the pattern repeat, the price falling back to 560p? (-8.5%)
- Traders should be mindful of potential further breaks upward, employ risk management accordingly.
- Shares -7.7% from 2019 highs; +17.2% from 2019 lows
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal