StoneTradingGroup

Clear Inverted Head & Shoulder Pattern - Long (JRP; LSE)

Long
LSE:JRP   None
Fundamental financials of the company are strong and seem to be in check for future growth. The technical analysis setup shows a break of the dashed blue neck-line and a current back test on the same support level (or neckline).

I opened the trade at 140.00 and looking to take profits at 170 if it goes well. I have placed only a ten point stop on this trade as the current level is a key point to this trade, if broken I would expect the price to roll over to the down side rather quickly.
LSE:JRP