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Home / Support and Resistance / Mediclinic International plc (MDC.L) 04-10-19

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

Mediclinic International plc (MDC.L) 04-10-19 A trading opportunity for you?

Mediclinic International plc (MDC.L): will it break the 305p key support level, or bounce to highs of 366p (+17%)?

 

  • Currently trading around the 305p support. The current price is 312.9p (at time of writing).
  • Support levels like these are often used by traders to assist with decision making.-
  • Strong support levels often suggest that there may be ‘hot money’ looking to buy at the key level. Of course, valuations can change.
  • Will the share price rally again to recent highs of 366p? (+17%).

 

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This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.


Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance.

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