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Home / Momentum / ITV

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

ITV

Is this trend a good trading opportunity?

Will ITV turn, or will it continue to rise to April levels of 140p? (+15%)

  • The chart shows the ITV price action since mid August.
  • Shares in a two week long uptrend from 102.5p mid August lows; now at 119p.
  • Shares -15% from 2018 highs; now trading +15% from 2019 lows; -4% year-to-date
  • In the last 2 weeks, the shares have Risen over 15%.
  • Will this positive momentum continue?
  • Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

Click to enlarge

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