Manchester United rallies - Analysis - 25-11-2022

Technically, the stock managed to pierce the resistance of 15.24, amid the dominance of the upward correctional trend in the short term, with support from the 50-day SMA, coupled with positive signals from the RSI despite reaching overbought levels.

Therefore we expect more gains for the stock, targeting the pivotal resistance of 20.86, provided the support of 15.24 holds on.

Expected trend for today: Bullish