It seems like a bull flag pattern is busy developing.
A price action above 870 supports a bullish trend direction. Further confirmation above 890.
Crossing below this level will negate the bullish trend and acts as a stop-loss.
Increase exposure from a break above the 910 resistance.
Decrease exposure for a break below the 880 support.
Target is set at...
📖Frasers Group plc is a British retail group. The company is best known for trading predominantly under the Sports Direct brand. Frasers own a wide variety of retailers here in the UK. It has luxury fashion retailer Flannels, which sells brands such as Gucci and Burberry, Sports Direct which sells sports goods and also Gelert, an camping and outdoor clothing...
Previously Sports Direct, Frasers Group is performing nicely and looks ready for a breach of it's resistance at 329. With stores opening in July and online demand performing well, Frasers Group look sure to reap the rewards of more stay at home workers looking for exercise clothing and equipment.
Should we pass resistance around 329, I expect a strong push up in...
