Investamate

New long trade identified on the close - Buy SPX LN

Long
LSE:SPX   SPIRAX-SARCO ENGINEERING PLC ORD 26 12/13P
Spirax-Sarco Engineering was upgraded this morning and traded positively throughout the day. The shares are outperforming the UKX100 over the past 3 months and look set to push on towards new highs.

Buy on the open tomorrow morning with a stop loss at 4490p

Target is 5300p over the short to medium term.
Trade closed manually: Close on the open tomorrow (21st Oct) - Trade has not moved in line with our view.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.