pasajerodeltoro

IGAS long risk-reward pivot strategy

Long
pasajerodeltoro Updated   
LSE:IGAS   IGAS ENERGY PLC ORD GBP0.00002
60:30 risk-reward strategy. Get in at 39. Get out in the 50 or 60s.
Comment:
Taking a bit longer than predicted because of profit-taking.
Monday breakout possible if it gets to 45, then next leg will be to 53.
If there's a breakout, new trading range would then be 45 to 53, over the next week.
Comment:
Best case scenario right now looks like a 35 to 45 trading range over the next week.

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