This is Carclo, an industrial share listed on the London Stock Exchange’s Alternative Investment Market. It looks like it is breaking out from a 68-month decline that, if the past is any guide, could return huge multiples on any investment at this stage.
Some of this company’s subsidiaries have been trading almost 100 years, but this century it has been a hugely...
Despite breaking 168p resistance, CAR has failed to move higher.
Today confirms the price's weakness.
If only it were that easy!
PS: probably rejected at its 200 EMA
