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Looks like the BT share price is encountering resistance at the 239 line currently, so we could see a bearish reversal soon, and the price could head back down towards the 217 support line.
Like this idea if you agree with my analysis.
38.2% & POSSIBLE 61.8% Retracement SHORT GWAVE.
FIB Retracement Percentage is calculated in a Higher Euclidean Dimension.
PLEASE ALWAYS WAIT FOR STOCHASTIC CONFIRMATION!!! THANKS
A retest of support of supporrt at 245p but the 20 & 50ma are curving up and the 125ma is flattening out. It will be a bullish signal if the SP closes above the 125ma. At this level they pay a dividend of around 6% and their final are out on May 10th.
BT PLC UK - BUY
Will BT break below its 2013 support?
Back in the weekly trendline
After the break of the higher multidiagonal, it looks like we could be due a trip to the lower diagonal at ~2.75p
Using Fibs as price targets