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Aviva correction offers some insurance against a loss

Joe Neighbour from Central Markets is focussing on Aviva today, hoping there's some insurance against a loss. Aviva shares, he says, show a strong uptrend. The equity market has seen correction to major support levels, with Aviva correcting down ten percent. Joe also believes the relative ratio is attractive and he expects a push back to recent highs around GBP 4.80, maybe  up to GBP 5.00. He suggests a stop loss below GBP 4.30 and is looking to buy at around yesterday’s close or lower. 

01:03 minutes
Tags: angus walker, aviva, insurance, joe neighbour, joe neighbour central markets, market expectations, market open, market strategy, markets, relative strength index, saxo bank, saxo tv, share correction, share predictions, share price, share rise, share rises, share trading, shareholder value, shares, shares prices, stock market, stocks, support, trader, traders tale, trading, tradingfloor.com, upside, uptrend, uptrend line

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