The stock is currently hovering around $198 and analysts are closely monitoring its potential to break through resistance levels.
Positive Revenue News Fuels Optimism:
This recent interest comes on the heels of the company's positive earnings report for fiscal year 2023. TP ICAP reported revenue of GBP 2.19 billion, indicating continued growth within the...
Beginning with the downtrend from 23 July 2020, we have final support at 29 Oct 2020. Using the Fibonacci retracement, we can CLEARLY see the retracement levels being tested as support and resistance.
Furthermore, a breakout has already occurred from 15 Feb 2021, suggesting bullish momentum, where retracement levels are being tested again.
I'm not entirely sure...