Pearson plc (LON:PSON)

[SMR]

Pearson plc, (Pearson) is a holding, media and education company. The Company, through its subsidiaries, performs principal operations, which include education, business information and consumer publishing markets. Pearson consists of three businesses across the world: Pearson Education is a provider of educational materials and learning technologies. It provides test development, processing and scoring services to governments, educational institutions, corporations and professional bodies around the world; FT Group provides business and financial news, data, comment and analysis, in print and online, to the international business community; and Penguin Random House consists of adult and children’s fiction and nonfiction print and digital book publishing businesses of Penguin and Random House. Pearson Education operated through three segments: North American Education, International Education and Professional.

Official website: www.pearson.com

[jonsmith]

SELL

TARGET 1180
The Major trend of PEARSON GROUP PLC it is showing strength for selling .If it breaks the support level then one can initiate the selling position in the stock. If it breaks the level of 1193 then it can test support level for the target of 1180 with the stop loss of 1205.

INDICATORS:-

RSI is trading near to 43.48 level with negative bias, in upcoming session downside movement is expected.
MACD and Signal line is sustaining below the zero level line.

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