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Home / Momentum / Shaftesbury PLC (SHB.L) 16-10-19

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

Shaftesbury PLC (SHB.L) 16-10-19 A trading opportunity for you?

Shaftesbury PLC (SHB.L) has continued to rally strongly, setting new recent highs. Will the momentum persist?

 

  • Now trading at 944.5p (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 -0% from 12-month highs; +27% from 12 month lows.
  • Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

 

Click to enlarge

This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.


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