Traderherz-Analytics

Trading Idea - #CeresPower short-term

Long
LSE:CWR   CERES POWER HOLDINGS PLC ORD 10P
BUY

ENTRY: 1206 GBX
TARGET: 1021 GBX (+ 18% profit)
STOP: 910 GBX

Ceres Power Holdings is a UK based company active in the field of fuel cell technology and engineering.

1.) Current support at 986.0 GBX appears to hold. That enables a buying opportunity.
2.) The profit expectations have been revised downwards significantly in recent months. Therefore, I only see a short-term buying opportunity.


Trade closed: stop reached