WPP Grp

[fernanj]

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]

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]

Hi Fernanj

I see WPP as being rangebound.

Over 2 years

Over 6 months

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