elroytrader1

$BT (BT.L) close to fib

Long
LSE:BT.A   BT GROUP PLC ORD 5P
This morning's news about Openreach has dropped BT shares to a 3-year low. Note however that both in USD (red line) and GBP (candles) they are very close to the 61.8% and 50% fib points here. I expect a drop to touch the fib points, and then a rally.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.