Reed Elsevier plc (LON:REL)

[SMR]

Reed Elsevier PLC is a United Kingdom-based company holding shares in RELX Group plc. RELX Group plc is a global provider of information solutions for professional customers across industries. The Company operates in four market segments: Scientific, Technical & Medical, providing information and tools to help customers improve scientific and healthcare outcomes; Risk and Business Information, providing data services and tools that combine proprietary, public and third-party information with technology and analytics to business and government customers; Legal, providing legal, regulatory, and news & business information to law firms and to corporate, government and academic customers; and Exhibitions, organizing exhibitions and conferences.

Official website: www.reedelsevier.com

[jonsmith]

RECOMMENDATION SELL
TARGET 1085

The Major trend of RELX 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 1096 then it can test support level for the target of 1085 with the stop loss of 1106

INDICATORS:-
RSI is trading near to 38.22 level with negative bias, in upcoming session downside movement is expected.
MACD and Signal line is sustaining below the zero level line.

Skype jonsmith1091