Get started
Investamate

Buy Unilever

Long
UNILEVER PLC ORD GBP0.031111 (LSE:ULVR)  
Investamate  
LSE:ULVR   UNILEVER PLC ORD GBP0.031111
ULVR FOOD FTSE 100 Index FTSE lowbeta defensive Divergence
4
1
ulvr food ukx ftse lowbeta defensive divergence
Unilever has formed a small base on the daily chart inline with major support. There is also bullish divergence on the RSI and we believe scope for a bounce towards 3400p in the short term.
We could see this grind towards the target over the Christmas period.
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.