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Home / Ranges / Severn Trent (SVT)

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

Severn Trent (SVT) A trading opportunity for you?

Will Severn Trent PLC (SVT.L) break the range support at 1975, or bounce again to the top of the range at 2070p? (+4.8%)

  • Defensive utility stock
  • 1970-2070 trading range since June this year
  • Trading at 1975p (at time of writing)
  • Is this an opportunity for range traders? Will the pattern repeat, heading back to test the 2070p resistance again? (+4.8%)

    Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

Click to enlarge

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