INGHAMS GROUP LIMITED
Long

Bullish potential detected for ING

29
Entry conditions:
(i) higher share price for ING along with swing up of indicators such as DMI/RSI, and
(ii) observation of market reaction at the resistance level at $3.30 (from the open of 18th February) after closing above 50 day and 200 day MAs.

Stop loss for the trade would be, dependent on risk tolerance:
(i) a close below the 200 day moving average (currently $3.22), or
(ii) below the support level from the open of 21st February (i.e.: below $3.19).

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