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Starcom to burst through 4p mark if it can do this one thing

Technical analyst Zak Mir is tipping Starcom Plc (LON:STAR) shares to cruise past the 4p level if they can break through the 200-day moving average at 2.64p.

“The shares have been bumping along the bottom towards 1.5p over recent weeks but have pushed through the 50-day moving average at 1.92p so far today,” explains Mir in the latest Proactive Investors Bulletin Board.

“A break of the 200-day average at 2.64p could take shares back towards the 4p-plus area which is the one year resistance.”


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