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Thursday 15 December 2016

Take a punt on National Grid (LON:NG) and get in at the bottom, says chartist: ProactiveInvestors Stocktube

Published on 15 Dec 2016
Now could be the time to invest in National Grid PLC (LON:NG) while shares are cheap, according to technical analyst Zak Mir.

Shares in the energy firm have been on the wane since July, but Mir thinks they’re starting to bottom out which could represent a decent buying opportunity.

In a TIP TV segment for Proactive Investors, Mir explains: “As long as we’re above [880p], you can regard this as buying at the bottom of the range opportunity.”

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