Mediclinic - Looking for healthy gains.
Buy Mediclinic (MDC.L)
Mediclinic International plc (Mediclinic) is an international private healthcare services provider. Mediclinic is focused on providing acute-care, specialist-orientated, multi-disciplinary healthcare services.
Market Cap: £2.7Billion
Mediclinic broke above resistance at 374p back on the 17th October 2019. The momentum did not continue as the shares have consolidated lower in recent days. The move higher today is an impressive once and this appears to have completed a bullish flag/pennant pattern. This is often considered a continuation pattern and therefore further upside is expected from here.
Stop: 351.5p
Target 1: 458p
Target 2: 500p
Target 3: 512p
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Mediclinic International plc (Mediclinic) is an international private healthcare services provider. Mediclinic is focused on providing acute-care, specialist-orientated, multi-disciplinary healthcare services.
Market Cap: £2.7Billion
Mediclinic broke above resistance at 374p back on the 17th October 2019. The momentum did not continue as the shares have consolidated lower in recent days. The move higher today is an impressive once and this appears to have completed a bullish flag/pennant pattern. This is often considered a continuation pattern and therefore further upside is expected from here.
Stop: 351.5p
Target 1: 458p
Target 2: 500p
Target 3: 512p
Interested in UK Stocks?
Join our free Telegram channel for up to date analysis on the best main market opportunities in the UK right now - t.me/UK_Stocks
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