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Home / Support and Resistance / BT (BT.A) 01-05-20

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

BT (BT.A) 01-05-20

Will BT (BT.A) shares break through support at 112p, or push upwards again to 177p (+36%) February highs?

  • Shares trading at 116p, near the 112p support (at time of writing).
  • Will the pattern repeat this time? This support has proven to be a key level in the recent past.
  • 177p was the recent high. (+36%)
  • Shares -42% from 12-month highs; +12.5% from 12 month lows.

Latest News

29 Apr – Goldman Sachs reaffirmed its buy investment rating on BT Group PLC (LON:BT.A) and cut its price target to 170p (from 190p).

15 Apr – BT delays Huawei strip out despite signing Ericsson deal

8- Apr – BT ‘pulls out’ of £264m BT Ireland sale

 

 

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

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