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Home / Ranges / AA

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

AA

A range trading opportunity for you?

Will AA break lower, or will it rise back to 57.3p early June highs again?

  • AA shares are trading in a 46-54p rising range since early July.
  • Bounced off support zone 2 times.
  • Now trading 50.3p (at time of writing)
  • Will the pattern repeat itself, testing previous lows?
  • Shares -49% from 2019 highs; +12.3% from 2018 lows; -55% year-to-date
  • 15 Jul: Societe Generale discloses 5.29% stake up from 3.23%
  • 3 July: St. James Place reduces holding from 3.9% to 2.9%
  • Source: Dow Jones, Bloomberg, FT, Company News

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