Short term view - KINGFISHER PLC : The bullish gap opened as prices break out of the pattern announces a rally.
The resistance has been passed, the trend becomes positive as we now have a succession of ascending peaks and troughs.The next target is at 329.70 p. The invalidation level is below 299.00 p.Arguments :
- The major resistance has been breached.
- Prices are breaking above the...
Kingfisher supplies home improvement products and services through a network of retail stores and other channels, located mainly in the U.K. and continental Europe. As of Jan 31 2017, Co. had nearly 1,200 stores in 10 countries across Europe.
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