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Home / Ranges / Phoenix Group Holdings (PHNX.L) 15-10-19

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

Phoenix Group Holdings (PHNX.L) 15-10-19 A trading opportunity for you?

Will Phoenix Group Holdings (PHNX.L) shares break out of the range this time, or will it continue to fall to the 660p support?(-6%)

 

  • Currently trading near the resistance at 715p. Currently at 702.3p (at time of writing).
  • Will the range repeat itself?
  • The stock has tested this price repeatedly. Whilst this is likely to be appealing to traders, ranges never last forever. Take precautions accordingly.
  • Will the shares fall to the lower end of the range at 660p, appealing to short-sellers? (-6%).
  • Technical traders should be mindful of news and developments. Check our website and the press for updates.
  • Shares -3% from 12-month highs; +29% from 12 month lows.
  • Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

 

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