zAngus

PFD:LSE - PREMIER FOODS - Up 400% run since mid March

Long
LSE:PFD   PREMIER FOODS PLC ORD 10P
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3
Premier Foods traded on the London Exchange has been on my watch list for ages, but I have not taken the trade as it has an RSI in the high 80's which would normally it is overbought and due for a pull back. Stock has of course kept going up and up. I'll keep waiting :)
Comment: I agree with Aslice comments below. It's looking interesting again. Definitely a squeeze up against that resistance. I've set an alert at $90 to have a good look if it breaks and starts to run.


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