Sell Aggreko PLC (AGK)

Oct 17, 2016

Aggreko has broken to new lows on a relative basis against the FTSE 100. The shares are under performing the benchmark index and the support services sector over the past 3 months. Further weakness is expected. Sell with a stop above Friday's high.

Oct 18, 2016

Note

Very close to the stop at present due to a broker upgrade on the stock. This has prompted a short squeeze. Let's see if the downtrend resistance line can do a job?

Oct 20, 2016

Note

AGGREKO: Cut to Underperform at Credit Suisse

Oct 24, 2016

Note

Stop to 960p

Nov 3, 2016

Trade closed: target reached