ITV – 29-04-20
ITV has continued to rally strongly, having hit fresh 12 month low’s on the 13th March. Will the momentum persist?
- Now trading at 79p (at time of writing), momentum has been robust.
- Will it end, or is this trend your friend?
- Is this the opportunity for momentum traders?
- Momentum has been robust, but traders should remember that past performance is not always an indication of the future.
- Technical traders should be mindful of breaking news. It can influence price action. Check our website for updates.
- Shares -50% from 12-month highs; +50% from 12 month lows.
- Will they rebound to February highs of 137p? (+74.5%)
Latest News
6 May: Report Q1 Earnings
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires