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Home / Momentum / Sainsbury’s

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

Sainsbury’s

Is this trend a good trading opportunity?

Will Sainsbury’s turn back, or will it continue to rise towards July highs of 210.95p (+6.5%)?

  • Shares +10.6% since 16 Aug;  Now 198p (at the time of writing).
  • Will the shares keep rallying back towards July highs of 210.95p?
  • Shares -49% from 2019 highs; +10.5% from 2019 lows; -71% year-to-date.
  • Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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