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Home / Support and Resistance / Britvic

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

Britvic

A trading opportunity for you?

Will we see Britvic PLC (BVIC.L) break resistance, or will the line hold again and return to yet another 6 month new low?

  • Trading on the 926p (at time of writing), is this pattern attractive to short sellers?
  • Has tested this level 3 times in 3 months. On each occasion, it has fallen as selling pressure came in to set new recent lows.
  • Will the share price fall once again to set new 3 month lows below 850p? (-8.2%)
  • Shares -3.2% from 2019 highs; +14.6% from 2019 lows; +14.6% year-to-date.
  •  

    Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal 

Click to enlarge

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