ROLLS ROYCE WAS AN ABSOLUTE BUY AT 100 PSYCHOLOGICAL AREA
Rolls Royce was an absolute buy at 100 psychologycal area last week,and in fact it reacted with an epic bounce.
By the way, looks like other juicy targets are still available for long term investors.
After a massive collapse in price started on january 2014, the price seems to have found a bottom last week.
Actually, we are still at prices seen even 15 years ago in 1996, so for investors who truly believe in the company, this looks like a great oppurtunity to accumulate some positions, without looking too much to the possible turbolences that we could see on next months.
In case the world would come close to an end(lol),there is also the support in green, that was the absolute bottom of the whole company history in 2003.
By the way, looks like other juicy targets are still available for long term investors.
After a massive collapse in price started on january 2014, the price seems to have found a bottom last week.
Actually, we are still at prices seen even 15 years ago in 1996, so for investors who truly believe in the company, this looks like a great oppurtunity to accumulate some positions, without looking too much to the possible turbolences that we could see on next months.
In case the world would come close to an end(lol),there is also the support in green, that was the absolute bottom of the whole company history in 2003.
Comment:
FIRST TARGET REACHED! + 16%
Comment:
Price again at the green support of 2003 after having hitted the target at 220.
Fascinating.
Fascinating.