TipTVFinance

Boohoo eyes trend line support of 160

LSE:BOO   BOOHOO GROUP PLC ORD GBP0.01
The RSI has turned lower from the overbought region and is overbought on the weekly and monthly time frame. The data released by the payment company Visa earlier today showed the consumer spending fell further in April, with online spending falling for the first time since September 2013...
Looks like the share price is on its way to test the rising trend line support seen at 160.00

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.