Buy Wood Group (WG.L)
John Wood Group PLC is a United Kingdom-based energy services company. The Company provides a range of engineering, production support, maintenance management and industrial gas turbine overhaul and repair services to the oil and gas and power generation industries.
Market Cap: £2.3Billion
The long-term trend does not paint the best of pictures for Wood Group but there are some signs of the bearish momentum stalling. A few hammer candles have formed around support at 326p. The large bullish candle that has formed today looks set to burst through resistance at 362.5p. There is potential for a recovery move towards 510p over the medium term.
Stop: 334p
Target 1: 400p
Target 2: 510p
Target 3: 600p
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John Wood Group PLC is a United Kingdom-based energy services company. The Company provides a range of engineering, production support, maintenance management and industrial gas turbine overhaul and repair services to the oil and gas and power generation industries.
Market Cap: £2.3Billion
The long-term trend does not paint the best of pictures for Wood Group but there are some signs of the bearish momentum stalling. A few hammer candles have formed around support at 326p. The large bullish candle that has formed today looks set to burst through resistance at 362.5p. There is potential for a recovery move towards 510p over the medium term.
Stop: 334p
Target 1: 400p
Target 2: 510p
Target 3: 600p
Interested in UK Stocks?
Join our free Telegram channel for up to date analysis on the best main market opportunities in the UK right now - t.me/UK_Stocks
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.