BUY - AG BARR - BAG:LSE
Buy up to price – 540p, initial Target 620p
AG BARR are a successful soft drinks company. The business is strong and the chart outlook is excellent. We have a formation on the , price is showing a reduction in with an increase in indicating supply is decreasing and we are ready to break higher in the near future. Further consolidation below the line of least resistance at 540p could be possible before the breakout.
Please note: Stock trading should be undertaken with a 3-6 month minimum outlook for a holding period.