Nuformix PLC, formerly Levrett PLC, is a United Kingdom-based pharmaceutical development company.
Price retraced significantly from recent spike. Didn’t quite reach the 78.6% FIB which I would have liked.
Position taken at 7.8p. Following the two trading sessions which closed with dragonfly doji’s. Usually a good sign of a reversal.
Minimum 2:1 Risk/Reward...
Chart is in a range at moment with over 4.39p will be a breakout.
I would look for 2.7p for a potential entry / scale in if keen on the company
look for a retouch of the t-line.
at times it is best to start scaling in ahead of support in case u miss it
