Reckitt Benckiser (RB.L) 03-03-20
Reckitt Benckiser (RB.L): Currently in a trading range, will it continue within the current range and return to highs of 6606p? (+13%)
- Currently trading around the 5830p support at 5815p (at time of writing).
- The range has been reliable up to now. Will it continue?
- Will the price continue in this range, returning to recent highs of 6606p? (+13%).
- Technical traders should be mindful of news and developments.
- Shares -13% from 12-month highs; +1% from 12 month lows.
30 Jul: Reckitt Benckiser has amended its annual revenue target to 2-3% (on a like for like basis) after a laclustre first half.
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires