Investamate

BT Group - Filled the gap

Long
LSE:BT.A   BT GROUP PLC ORD 5P
Buy BT Group ( BT .A.L)

BT Group plc is a communications services company. The Company is engaged in selling fixed-voice services, broadband, mobile and television products and services, as well as various communications services ranging from phone and broadband to managed networked information technology (IT) solutions and cyber security protection.

Market Cap: £18.96Billion

BT has broken out of a channel pattern on the daily chart . The shares recieved a boost following the Conservative win in the General Election and the shares gapped higher. We have now seen that gap get filled, which should attract fresh buying interest.

Stop: 181.6p
Target 1: 212p
Target 2: 230p
Target 3: 265p

Comments