Tullow Oil
A range trading opportunity for you?
Will Tullow Oil break lower, or will it rise back again to 250p?
- The Tullow trading range has developed since early-Sept.
- Shares bounced off support zone 3 times.
- Now trading 215p (at time of writing).
- Will the pattern repeat itself, testing previous highs?
- Shares -15.99% from 2019 highs; +22.7% from 2019 lows; -18% year-to-date
- Source: Bloomberg, FT, Reuters, DJ Newswires