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Home / Ranges / Premier Oil

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

Premier Oil

A range trading opportunity for you?

Will Premier Oil break support, or will it rise back to end of July 84.7p highs?

  • 67p-85p range since late mid-June.
  • Bounced from support around 69p. Now 71.15p (at time of writing)
  • Will the pattern repeat itself, rising back to 84.7p?
  • Shares -55% from 2019 highs; +13.9% from 2019 lows; -66.4% year-to-date
  • Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.


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