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William hill – Bearish break, Three-way deal ends

LSE:WMH   WILLIAM HILL PLC ORD 10P
Weekly chart pattern – Flag and pole

The chart currently shows a bearish break from flag formation , although confirmation depends on whether today’ day end close is below 311 levels.

If it does, the doors would open for a fresh sell-off to Brexit day low of 235.60.

Stock news – As per Reuters report, Casino and bingo hall operator Rank Group Plc             and online gambling company 888 Holdings Plc             have withdrawn their proposal to combine with rival British bookmaker William Hill             Plc             .
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