segro

Last post: April 30th. See chart. Review: Price was trending well after the cup and handle formation. Update: Since the last post, price went into a mini consolidation but the trend has resumed again. Conclusion: We can look for entries based on breakouts of previous highs on the daily chart. Any comments or questions, do not hesitate to leave them below....

Segro PLC is developing into a nice trend using the 50 simple moving average to help it climb to higher highs. On the Monthly chart (not shown) price made an all-time high of £77.24 in 2007. After that we saw price plummet to a low of £1.50 in 2009. Ever since then, price has been clawing its way back up and appears to be finding some steam and making higher highs...