DeclanTroy

JMAT Setting up to Break Resistance Buy RR: 5:1

Long
LSE:JMAT   JOHNSON MATTHEY PLC ORD 110 49/53P
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2
JMAT is currently in a tight consolidation ranging from 2894 - 2983, I am expecting this to continue for a few days and then for the price to break resistance @2983.

My game plan would be the following:

Trigger: 2999
TP: 3079
SL: 2983
RR: 5:1