Unite Group has moved up 22 points since the last post here.
A strong move is expected considering that price broke out of a long period of consolidation.
Do bear in mind that the £10.00 psychological round number resistance is not too far above which may slow price down.
Last week ended with a strong bullish bar and if the momentum continues then the £10.00...
Unite Group has been in an uptrend since the end of 2011, experiencing a long period
of consolidation from August 2015 to October 2017.
During the period of consolidation it would have been best to stand aside until a breakout happened. Consolidations are very
difficult to trade and your capital is best used on stocks that are actually trending.
Patience here...
