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Could Burberry continue its rise past the £19 mark?

Published: 10:45 19 Jan 2017 GMT

Technical analyst Zak Mir reckons luxury goods maker Burberry Group PLC (LON:BRBY) could power through the £19 mark.

“We’ve got a rising trend channel from the summer heading towards £17.50 which is the initial target over the next few weeks,” he tells the Proactive Investors Bulletin Board.

“The best case scenario is to target a re-test of 2015 resistance at £19 plus.”

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