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Capra
Sep 11, 2018 1:38 PM

ABF - Associated British Foods - Good R/R Trade Potential - Buy Long

ASSOCIATED BRITISH FOODS PLC ORD 5 15/22PLSE

Description

Daily chart analysis - Just sitting above major trend line support and trading within a falling wedge structure. Indicators show a rising RSI with MACD diverging to price. Favourable R/R trade with 1st target price 2490

Comment

Target area reached. Trade closed for +12%
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