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Home / Momentum / Glencore

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

Glencore

Is this trend a good trading opportunity?

Will Glencore turn, or will it continue to rise to April highs of 343p (+26.8%)?

  • Shares +14.8% in 4 weeks; Now trading 251p (at the time of writing).
  • Will the positive momentum continue towards 343p April 19 highs?
  • Shares -26.8% from 2019 highs; +14.8% from 2019 lows; -10.7% year-to-date.
  • Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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