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Persimmon - Looks set to re-build its share price.
PSN, 1D
Long
PSN: Persimmon - Looks set to re-build its share price.

Technicals Persimmon is holding at key support and showing signs of attracting value hunters. I also note the bullish divergence on the relative ratio (Persimmon share price / UKX). The price of sterling has been a drag on the shares and with GBP moving higher yesterday it could offer some relief to domestic stocks. Technically and fundamentally, Persimmon looks...

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