Chart of the Day – EZJ

EASYJET PLC (EZJ-L)

EASYJET PLC weakened -0.9 percent yesterday to another 52-week low. The budget airline’s long-term down trend is accelerating beneath the key level at 400p. With the sector outlook darkening, EASYJET PLC has been trading beneath the 200-day moving average since Feb. Share prices are currently -32.8 percent below the moving average of 587.9p.

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