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Grow_UK Grow_UK PRO JMAT, W, Long ,
JMAT: 2017 to be a good year for Johnson Matthey?
45 0 3
JMAT, W Long
2017 to be a good year for Johnson Matthey?

We are a fan of Johnson Matthey over the long term. The recent correction looks to be a great chance to buy the FTSE100 chemicals company. The shares have formed a channel on the weekly charts and also found support on a relative basis versus the index. There is big resistance at 3575p, which if overcome could open up the upside towards 4000p and beyond. The long ...

Grow_UK Grow_UK PRO JMAT, D, Long ,
JMAT: New trade signaled - Buy JMAT LN
68 0 2
JMAT, D Long
New trade signaled - Buy JMAT LN

Johnson Mathey has outperformed the benchmark index and chemicals sector over the past 3 months. The shares are in a long term uptrend and have triggered a buy in our model. Buy at the open with a stop at 3414p. Target 3775p

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