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Home Retail is set to continue its share price recovery in 2013
January 17, 2013

Highly bullish signals are in evidence on Home Retail's chart, which bodes well for the recovery in 2013, says Zak Mir at www.zaks-ta.com

The 50-day average's cross above the 200-day average is one buy-signal, as is the as yet unfilled gap through 113p. As long as there is no end-of-day close back through 113p, the price could head for 135p peak by the end of January, and perhaps to 160p on within 6 to 8 weeks.