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Where PPL Stock Might Go from Here

Vincent Kruger
Where PPL Stock Might Go from Here

Let’s see how PPL (PPL) stock is currently trading and where it might go in the near future. On August 1, the stock was trading 2% above its 50-day moving average and 6% below its 200-day moving average. Its 200-day moving average of $30.24 is expected to act as a resistance for PPL going forward. Its 50-day moving average of $27.87 is likely to act as a support for the stock in the near future. It’s currently trading at $28.54.