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WSP has fallen along with the rest of the market and has the potential for further downside, says Steven Mayne at Montague Pitman.
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It is currently trading beneath its 10-, 20- and 40-day exponential moving averages, and momentum on the MACD oscillator is showing a sell signal, with the stochastic indicator also weak. A break of the recent lows around 521p would open up a fall towards the January low of 442p.
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