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Home / Ranges / Hiscox Ltd (HSX.L) 11-10-19

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

Hiscox Ltd (HSX.L) 11-10-19 A trading opportunity for you?

Will shares break support, or will Hiscox Ltd (HSX.L) continue within the current range and return to the range highs at 1660p? (+9%)

 

  • Currently trading around the 1560p support at 1607.0p (at time of writing).
  • The range has proven robust to date, with a breakout in June and July this year. Will the pattern repeat?
  • The price has traded within this range for some time. However, traders should be mindful of stop-loss placement.
  • Will the price continue in this range, bouncing once again to recent highs of 1660p? (+9%).
  • Shares -9% from 12-month highs; +13% from 12 month lows.
  • Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

 

Click to enlarge

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