Technical Analysis

Chemring facing key technical resistance

By Alexander Bueso

Date: Thursday 02 Feb 2017

(ShareCast News) - Shares in Chemring had managed to 'break-out' from the downward-sloping price channel in which they had been constrained since early 2011, but had yet to overcome a key level of technical resistance, Digital Look technical analyst Jose Maria Rodriguez said.


The stock needed to breach...

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