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Home / Support and Resistance / UDG Healthcare (UDG.L) 16-01-20

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

UDG Healthcare (UDG.L) 16-01-20

Will shares in UDG Healthcare (UDG.L) break upwards?

 

  • Now trading close to 800p resistance at 801p (at time of writing).
  • The resistance has been reliable recently. Will the resistance hold this time?
  • Will the share price rebound once again to recent support of 722p? (-9%).
  • Technical traders should be mindful of price-sensitive news and events.
  • Shares -3% from 12-month highs; +45% from 12 month lows.

Latest News

 

17 Dec:  UDG Healthcare, the healthcare service company, announced that chairman Peter Gray would vacate his role in September this year.  The process to find a replacement is underway.

26 Nov:  UDG Healthcare announced a rise in profit for the year as it reported fewer exceptional costs and better operating margins.

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

 

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