Chart of the Day – RMV

RIGHTMOVE PLC (RMV-L)

RIGHTMOVE PLC rallied 3.4 percent to close at multi-week highs yesterday. The UK property portal has rebounded by 21.4 percent since reaching a low of 795.0p earlier this year. Technically, overhead resistance is noted at 690-700p, an area where prices have retreated several times in the past.

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