Peacock (PEA)

Mooringsman

Junior member
29 1
This has broken out of downtrend since Jan 2000 and beaten high of Nov 2000. Currently on a bid of 125p, this stock has recommendations from Hemscott Analyst and Shares Magazine. It looks like a recovery.
 
Lots of news on PEA this week:

directors holdings, AGM, change of broker and institutional holdings.

All the same the stock seems to be meeting with resistance at 127p with considerable volume on Thursday.

I fancy that we will see a retracement before making the next move up. All the same I have a target of 160p in the medium term.
 
 
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