As long as it can hold the territory above this level, there ought to be a sustained attempt to retake the black 200-day moving average line at 296p. Traders should place a stop-loss at 265p.
City Trades are written by selected external contributors and are based on the interpretation of patterns on a share price chart, rather than on fundamental analysis of the company's business or prospects.
visible-status-Standard story-url-Morrison_CITY_300512.xml
