Closing the weekly gap could be a major triggering point for a major trend reversal while targeting a major resistance at 1.2£ area, at least.
For mainland Europe, Centrica might be an unfamiliar name. This energy giant, headquartered in the UK, on the back of climate change, undergoes a historical fundamental business model shift effort, while exiting energy exploration and production and trying to emerge as customers’ services and solutions company of the future.
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Centrica goes up steadily, as expected.
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We are ready for the next leg up tovards 1.2£
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Getting very close to target, whille we saw share price trading even at 1.05£, yesterday.
what do you think now? I just saw that OFGEM will be raising its price cap on household energy bills by 54% starting April 1
trading4fun2
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@hellzbellza, I believe, Centrica stock has already made a fundamental turnaround for the better, no matter the daily news. IMHO, the company has been going through a major transformation towards renewable energies. Thus any stock decline is to be a buying opportunity.