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Can Fox Marble shares add another 50% this summer?

Published: 09:58 07 Jun 2017 BST

That’s what Zak Mir thinks. The technical analyst is tipping the Fox Marble Holdings PLC (LON:FOX) share price to creep up towards the 15p over the next few months.

“The shares gapped higher at the beginning of February through the 50-day moving average and after trying to fill that gap, we’re seeing a bounce on the 200-day moving average at 9.5p,” explains Mir in the latest Proactive Investors Bulletin Board.

“At least while we hold the 8-9p zone, the target here could be as high as 15p over the next three to four months.”

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