WPP Grp

fernanj

Junior member
32 3
Any thoughts on this one folks?... its been up and down like a fish washed up on the shore, indications are bullish

many thanks
 

Bill G

Member
92 2
A good solid company but until advertising picks up I don't
think there will be a great deal of movement up.
It's been a good trading vehicle the last few months it lookls like
it might continue in that mode.
 

FTSE Beater

Experienced member
1,518 5
Hi Fernanj

I see WPP as being rangebound.

Over 2 years
wpp14-5-02.gif


Over 6 months
wpp14-5-022.gif


It's created a lovely double top at 827, and been rangebound ever since. I would say 775 would be the next resistance, after it was support in Mar and Apr.

Hope this helps
 
 
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