Join our community of smart investors

Resolution resurgent

Life insurer has shown some tough resolve lately - and there is likely more to come
November 29, 2012

In June this year, Resolution dropped to an all-time low of 189p, but has since recovered somewhat, says Ragu Dharmaratnam of Baselica.

Its new uptrend is now five months old, and it has broken above a key resistance level at 230p. Go long, targeting a move to 280p, with a stop-loss at 230p.