hi traders
IBST has been in a downtrend and it has retested lows from 2016. It did a full reset.
Now it may be a time to get a trend reversal. If we get a breakout to the upside, long position can be taken.
Technical target: 243 $
Premium target: 309 -322 $
Looks bullish to me if we get a breakout and the follow-through.
Good luck
Buy Ibstock (IBST.L)
Ibstock plc is a United Kingdom-based company, which is engaged in manufacturing of clay bricks and concrete products. The Company's segments are the UK and the US. The Company's principal products include clay bricks, brick components, concrete stone masonry substitutes, concrete fencing, pre-stressed concrete products and concrete rail...