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Jan 15, 2018 8:15 PM

#BVIC - Britivic - Buy  Long

BRITVIC ORD GBP0.2LSE

Description

Britvic is buy for me from 804.

Price has held the 50ma on some decent volume with a nice break higher today just popping through the 800 level. Price could retrace from here slightly but I believe long term this is a sold company. Financials look good. If price breaks 820 we should have a clear run up from there.

TP 890
SL 760

Trade closed: stop reached

S/L hit after Q1 results. Q1 results showed positive growth. Unknown why price moved down.
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