TipTVFinance

Persimmon – Bearish outside day candle at critical resistance

LSE:PSN   PERSIMMON ORD GBP0.10
The stock retreated from the critical resistance around the psychological figure of 1800 and was last seen trading around 1732.

The daily candle is now a bearish outside day.

A break below 1700 would open doors for a test of the falling channel floor seen today around 1573.

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.