SGP Stock Chart

SUPERGROUP PLC ORD 5P

 

SGP

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TipTVFinance TipTVFinance PRO SGP, D, 4 months ago
SGP: Supergroup PLC – Awaits Symmetrical triangle breakout
11 0 1
SGP, D
Supergroup PLC – Awaits Symmetrical triangle breakout

On the daily chart, we see a larger symmetrical triangle formation. Off late, the stock has been restricted to a narrow range of 1520 to 1580. The daily RSI has turned flat, however, the daily MACD shows loss of bullish momentum following a sharp rally from late Oct to mid November. Hence, a bearish break from the narrow range of 1520-1580 appears likely. ...

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