Chart of the Day – MOON

MOONPIG GROUP PLC (MOON-L)

MOONPIG GROUP PLC slumped -8.07 percent to close the session at the lowest level since its IPO. Prices are now down a whopping -63.1 percent from its peak at 07 Jun, 2021. Prices are in a firm downtrend as seen from the year-long downward-sloping regression channel. The next area of potential support is estimated at 150p.

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