Tag Archives: rene

Trade: Buy RENEURON GROUP PLC (RENE)

Trade: Buy RENEURON GROUP PLC (RENE)

Snapshot:

Buy RENEURON GROUP PLC (RENE)

Reasons For Trade:

  1. Nearly oversold
  2. Reaching support level

Stop Placement:

1.8p

Targets:

First target: 3.5p where 200sma is

Second Extended Target: 4.0p

Trade Execution:

Wait for the market to get into oversold territory and reach the support level. Watch the price action at support level at 2.435p

Concerns:

None

Planned News/Events Expected:

Unknown

Post Execution Review:

 

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