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Home / Support and Resistance / Safestore Holdings (SAFE.L) 20-03-20

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

Safestore Holdings (SAFE.L) 20-03-20

Safestore Holdings (SAFE.L): will it break the 603p key support level, or bounce to highs of 867p (+44%)?

 

  • Currently trading around the 603p support. The current price is 600p (at time of writing).
  • Support levels like these are often used by traders to assist with decision making.
  • Strong support levels often suggest that there may be ‘hot money’ looking to buy at the key level. Of course, valuations can change.
  • Will the share price rally again to recent highs of 867p? (+44%).
  • Shares -30% from 12-month highs; +2% from 12 month lows.

Latest News

03 Mar:  Frederic Vecchioli, Chief Executive Officer, has transferred in 20,881 shares within the firm on the 28th February 2020. This Director currently has 1,937,108 shares.

03 Mar:  Frederic Vecchioli, Chief Executive Officer, sold 9,834 shares within the firm on the 28th February 2020 at a price of 781.60p. This Director currently has 1,927,274 shares.

03 Mar:  Andy Jones, Financial Director, has transferred in 14,877 shares within the firm on the 28th February 2020. This Director currently has 434,388 shares.

03 Mar:  Andy Jones, Financial Director, sold 7,007 shares within the firm on the 28th February 2020 at a price of 781.60p. This Director currently has 427,381 shares.

 

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

 

Click to enlarge

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