A short opportunity in Unilever.Unilever (ULVR) - Intraday - We look to Sell a break of 44.49 (stop at 45.41)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Short term momentum is bearish.
44.60 has been pivotal.
44.60 continues to hold back the bears.
Posted a Double Bottom formation.
A break of 44.60 is needed to confirm follow through negative momentum.
Our profit targets will be 42.31 and 41.71
Resistance: 45.30 / 45.60 / 46.00
Support: 44.60 / 44.00 / 43.50
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