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Home / Ranges / Prudential

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

Prudential

A range trading opportunity for you?

Will Prudential break lower, or will it rise back again to recent resistance of 1786p?

  • The Prudential range has developed over the last 5 months
  • Bounced off 1506p zone 4 times, most recently today. Now trading 1538p (at time of writing)
  • Will the pattern repeat itself, testing previous highs?
  • Shares -16.7% from 2019 highs; +13% from 2019 lows; -14.2% year-to-date
  • 6 July: Alphavalue upgrades to Buy with 1915p price target
  • Source: Bloomberg, FT, Reuters, DJ Newswires

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