Could MERCOM CAPITAL PLC ORD 0.1P See a Reversal After This Very Weak Session?

 Could MERCOM CAPITAL PLC ORD 0.1P See a Reversal After This Very Weak Session?

The stock of MERCOM CAPITAL PLC ORD 0.1P (LON:MCC) is a huge mover today! The stock decreased 7.01% or GBX 1.02 on November 18, hitting GBX 13.6. About 384,778 shares traded hands. MERCOM CAPITAL PLC ORD 0.1P (LON:MCC) has risen 277.42% since April 20, 2016 and is uptrending. It has outperformed by 272.99% the S&P500.
The move comes after 6 months negative chart setup for the GBX company. It was reported on Nov, 18 by Barchart.com. We have GBX 11.83 PT which if reached, will make LON:MCC worth GBX less.

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