JN_Wealth_Management
Short

Admiral Group complets head and shoulders top

LSE:ADM   ADMIRAL GROUP PLC ORD 0.1P
Admiral is looking pretty sick while the overall market hits new all time highs. The shares have failed at trend resistance and also the neckline resistance of the top pattern. The shares are making new lows on a relative basis and look set to continue lower in the near term. The shares will be particularly vulnerable should the FTSE100 undergo a correction. Medium term target is 1375p
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