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tomj2417

Centrica PLC - Is that an ending diagonal?

Long
CENTRICA ORD GBP0.061728395 (LSE:CNA)  
tomj2417 Updated   
LSE:CNA   CENTRICA ORD GBP0.061728395
4
0
If my count is the correct one then I am expecting a decent rally in this UK stock possibly above 300.
Comment:
Was expecting more of a bounce at the 61.8 correction but it looks like this share is continuing on its downward path unless this morphs into a more complex correction. It turned back down at the 30% fib retracement. With the latest government announcements on proposed price caps and Labour threatening nationalization things might be a bit gloomy for now.
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