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FollowMyTrades
Mar 11, 2017 11:26 AM

$CEY - CENTAMIN PLC - BUY Long

CENTAMIN PLC ORD NPV (DI)LSE

Description

Looking ay a buy on CEY from 164.

We've seen an outside day on Friday which engulfed the previous 5 days of trading, price was oversold on the RSI and Stoch. Fundamentally the company is performing well, my only concern would be the massive sale of shares (40 mil) from a chief officer within the company. Technically it hits all my points so I will be looking to enter on a break of last weeks high.

Short term trade - Entry 164, stop 150, TP 180
Medium - Entry 164, Stop 140, TP 200

Trade active

Took first TP at 180.
Comments
FollowMyTrades
Nice pop on the open and hit the first tp at 180.
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