Short term view - HARGREAVES LANSDOWN PLC : Weak reaction on resistance.
The trend remains neutral. Prices will have to break above the peak at 1,454.10 p for the trend to be positive again with an invalidation level below 1,416.00 p.Arguments :
- Prices are breaking above the moving average.
- The reaction at the resistance is weak, we anticipate its...
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DayByDay is an independent research company providing global macro and single stock analysis, recommendation and allocation based purely on behavioural finance methods. Those include long term cycle analysis, sentiment analysis, and technical trigger. DayByDay serves all clients in need of practical and precise publications to make effective market decisions, on any time horizon, from a few hours to a few years.
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