sanjo3

IME Long Trade Idea

Long
LSE:IME   IMMEDIA GROUP PLC ORD 10P
LSE:IME
Long trade set up
- IME is at the 105ema on the 1D
- 105ema >200ma
- 22ema > 8ema and both above 105ema so using the 105ema on the 1D rather than 4H
- Stoch showing oversold
- Hidden bullish divergence at this price level

Stop at 20.7p, target of 30p, RR of 1:3