The next week is going to be interesting- the SP is sitting on the 50d MA. It dropped slightly below yesterday but appears to be sitting on it at close today.
we would want it to bounce strongly off it to further set up a cup and handle formation, and the half yearly update may just provide that. Otherwise I would suggest a potential fall back to untested support.
Ann: ADMIN: PEB: David Levison Appointed to US Exec Team to Drive US Growth, page-3
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