GSK plc: 8 weeks into a sell signal, the decline has yet to take hold

GSK plc is at week 8 of a sell signal that has failed to materialise. The trade is down 4.31% from entry — the expected decline has not arrived. The quality band flags trading not recommended, the stock ranks 54th among the 57 European sell signals, and a double bottom has formed in the 1820 area on the daily chart with an 8% rebound: the technical picture is speaking a different language from the active sell signal.