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Why I’m selling UK housebuilders: Neighbour
Joe Neighbour from Central Markets is looking to sell stock of UK property developer Berkeley Group.
He says the sector has dipped quite sharply and Berkeley Group is a company struggling to recover strongly.
Neighbour plans to sell at market level with a stop loss above yesterday’s highs at 2750p. His target is 2250p with a possible target lower of 2000p, matching levels seen on the morning of the UK’s Brexit vote.
01:15 minutes
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