Shaftesbury Capital is a real estate investment trust (REIT) which invests in properties in London's West End including Covent Garden, Carnaby, Chinatown and Fitzrovia. It has a property portfolio worth GBP4,9bn and 2,9m square feet of lettable space in 2000 buildings. The share is listed on the London Stock Exchange (LSE) and on the JSE. The share is obviously a...
A price action above 2800 supports a bullish trend direction.
Long exposure confirmed for a break above 2900.
The target price is set at 3000.
The stop-loss price is set at 2700.
Fading downside price momentum supports the bullish bias.
Remains a risky trade.