Barratt Developments PLC is a holding company. The Company is principally engaged in acquiring and developing land, planning, designing, and constructing residential property developments and selling the homes, which it builds throughout Britain.
Market Cap: £5.24Billion
Barratts share price has stalled at resistance around 555p, which coincides with a 38.2% Fibonacci level. The shares also posted a outside candle on the 30th April 2020, which has contained the advances in recent days. It looks like we are about to see a close below a pattern on the , which could trigger further selling in the short term.
Target 1: 435p
Target 2: 385p
Target 3: 350p
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