Trading Idea - #CeresPower short-term
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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.
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