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Sep 9, 2018 7:54 PM

SGE - Sage Group - Potential buy Long

SAGE GROUP GBP0.01051948LSE

Description

Following a brutal sell off recently rolling a CEO step down, now could be the time for a long entry on SGE.

Looking at an entry above Fridays high.

Technical points:

Engulfing bar on strong volume
Rejection from lower Fib
RSI 2 oversold

May be good for a bounce.

SL: 560
TP1: 608
TP2: 630

Order cancelled

Trade closed at entry price, not enough movement.
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