Short Bias29 Nov 2016 13:06
Divergence and Bearish price action on the daily timeframe, with daily value area at around 945.00.
On the hourly the price action is also bearish with price falling just before the 1030 level.
The value area is around the same level.
We are currently just under the 1000 level which could be a key psychological level.
Brokers and institutions look to be bullish on the Co. at the moment with ‘5.2% potential upside indicated by Credit Suisse’ on the 25th November.
Jefferies Group reaffirmed a “buy” rating and set a GBX 1,100 ($13.65) target price on shares of RPC Group PLC in a research report on Monday
Panmure Gordon reaffirmed a “buy” rating and set a GBX 1,156 ($14.34) target price on shares of RPC Group PLC in a research report on Friday
https://uk.tradingview.com/chart/RPC/WP1XKsHv-RPC-ahead-of-half-year-earnings/