Royal Mail
A trading opportunity for you?
Will Royal Mail break support, or will it rise again to 223p (+8.2%)
- Shares trading near late June support; 3 touches off 207p.
- Now trading 209p (at time of writing) post dividend
- Will the pattern repeat itself, rising back to recent levels of 223p (+8.2%)
- Shares at -31.8% from 2019 highs; +8.1% from 2019 lows; -24.1% year-to-date.
- 25 July: Royal Mail went ex-dividend
- Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal