After a 3.3 per cent rise in like-for-like sales for the quarter, the company warned of slower sales in the months ahead.
The monthly chart shows multiple failure at 995.089 (161.8% fib extension)... the share price currently hovers around 928 levels. We see a bearish engulfing pattern.
Break below 915.886 would open doors for a completion of a double top...
JD Wetherspoon Plc owns and operates group of pubs throughout the United Kingdom. It offers food and drinks. The company was founded by Timothy Randall Martin on December 9, 1979 and is headquartered in Watford, the United Kingdom.