London Stock Exchange share price rare pattern points to a surge to 13,440p

LSEG shares have pulled back from the April high of 10,120p to 9,162p, but the move is described as likely brief because fundamentals remain strong and the stock is forming a bullish inverted head-and-shoulders pattern. The article is constructive on the medium-term setup, with support coming from both valuation/technical resilience and underlying business strength.

Analysis

LSEG shares have pulled back from the April high of 10,120p to 9,162p, but the move is described as likely brief because fundamentals remain strong and the stock is forming a bullish inverted head-and-shoulders pattern. The article is constructive on the medium-term setup, with support coming from both valuation/technical resilience and underlying business strength.