Maria Psarra, Head of Trading at ZAI Capital, joined Zak Mir, technical analyst for ShareProphets.com, and Bill Hubard, Chief Economist for Bullion Capital, on the Tip TV Finance Show to provide an outlook an a mixture of stocks and indices.
In terms of the S&P 500, Psarra noted that it briefly dropped below 2000 last week, but is now rising and she targeted 2104, and beyond that 2134.75 which is the 52-week high.
Psarra moved to Supergroup, which are the owners of Superdry, and she outlined that the stock recently fell 12% on the back of a downgrade. However, the strong results yesterday it has recovered and she set a target of 1744, then 1820 for the stock.
Watch the video for further technical analysis on the FTSE 100, DC, BARC, STJ, as well as whether we are experiencing a Santa Rally.
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