Clients searching for a bottom in Cable – SpreadEx
Oct 11, 2016, 12:23 PM
“Clients are still desperately fishing for bottom, buying at psychological levels”, says Connor Campbell, Financial Analyst at SpreadEx. Campbell details technical/fundamental outlook for Cable, Footsie, Sky, Game Digital and WH smith. He is joined by Tip TV’s Zak Mir.
Key quotes
Sky –Out clients buying just shy of 9 pound mark, Stock appears due for upside break
Game Digital – Clients buying slight around 75P mark, is extremely oversold hence a slight beat on the results could trigger sharp up move.