BH42

Frasers Group ready for a run

Long
LSE:FRAS   FRASERS GROUP PLC ORD GBP0.10
Previously Sports Direct, Frasers Group is performing nicely and looks ready for a breach of it's resistance at 329. With stores opening in July and online demand performing well, Frasers Group look sure to reap the rewards of more stay at home workers looking for exercise clothing and equipment.

Should we pass resistance around 329, I expect a strong push up in June/July to the next area of strong resistance which sits around 421-428.

I am very keen on this one and will look to take a position should we see a push up on strong volume.

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