ROYAL MAIL PLC ORD 1P RMG

mjtrad25

#RMG #RoyalMail After breaking through resistance in Dec, it is consolidating nicely within this range. Accumulating positions in this range around the new support level of 495. Lots of room for a big move up towards 640-900 – the PT set by all top analysts for this year. Cash rich, Royal Mail set to a positive recent performance and looks ahead to anticipated...

mjtrad25

Sitting nearly 50% below aggregated top analysts’ projections for nxt 12 mnths shows how undervalued this stock is. UBS have it at £8.04 by next year. Thursday could be catalyst for breakout with even average results suggesting small growth for next 2Qs could still spark this stock to life.

zAngus

Another international stock on the London Exchange, Royal Mail has been taking great advantage of the boom in ecommerce deliveries over the Covid lock down. Up some 300% over the last 12 months, they are still down from some of their historical highs. Describing themselves as an international business, focused on developing a modern, optimised and efficient...

Xwarli

Bollinger Band working as short term resistance. If it holds on Monday price may continue act bullish. However, the BB MA and 5 period WMA are approaching, the Parabolic SAR has flipped, and the Stochastic descends, would indicate bear run approaching. Lower BB or long term WMA (60) may act as new resistance.

Sublime_Trading

Review: Price has moved back below the previous all-time high Conclusion: Since the buyers were not strong enough to hold price above its previous all-time high, we need to stand aside. Price is back in the large consolidation area so wait for price to break out again before looking for long opportunities. Any comments or questions, do not...

tomj2417

I thought this UK dividend payer might have bottomed around the 400 mark earlier in the year but I was wrong. However, a possible completed 5 wave EW count, the recent bounce on the fib 78.6 and some bullish RSI divergence has me a bit more positive that we might see some decent upside here.

Investamate

Royal Mail Group (RMG) has rallied into multiple resistance levels and appears to be rolling over to the downside. LSE:RMG The shares have formed a range pattern on the daily chart and are now trading at the upper end of this pattern. With the medium term trend remaining firmly bearish, we look to use this as an opportunity to sell. Our trade today is to...

TipTVFinance

The stock price is still in the hunt for 50-DMA seen today at 456 levels. Bullish invalidation is seen only below 430 levels. The RSI is still sloping higher and still short of the overbought territory.... thus shows room for a rally.

Capra

Close above 413.5 needed

RajDhall

Short

Yankeelan

rmg