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Selling Barratt Developments: Neighbour

Joe Neighbour from centralmarkets.co.uk explains why he thinks Barratt Developments (BDEV:xlon) is a sell.

House builders were under pressure last week and Barratt Developments broke below an ascending trend channel. According to Neighbour, we could see a follow through to the downside.

Joe Neighbour is looking to sell at the open with a stop loss at 502p. His targets are at 449p and 426p.

Non-independent investment research disclaimer
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00:55 minutes
Tags: barratt developments, equities, house builders, house building, joe neighbour central markets, saxobank.com, saxotradergo, tradingfloor.com

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