Trading Idea - #CeresPower short-termBUY
ENTRY: 1206 GBX
TARGET: 1021 GBX (+ 18% profit)
STOP: 910 GBX
Ceres Power Holdings is a UK based company active in the field of fuel cell technology and engineering.
1.) Current support at 986.0 GBX appears to hold. That enables a buying opportunity.
2.) The profit expectations have been revised downwards significantly in recent months. Therefore, I only see a short-term buying opportunity.
FRES - Descending Channel and BB testingSince May FRES has been descending in a fairly well defined channel. I anticipate this to continue dropping beyond earnings report on 3 Aug. Furthermore, share price is not testing the upper Bollinger Band and hardly testnig the mid line. My target for entry or top up is sub 700p where it will be exceptional value. From that level expect a long and protracted rise into Q3. If you agree please give me a thumbs up. Good Luck. Posting is my opinion only.
BMN looks temptingBMN possible breakout after successful back test
a bit rough this chart, may need to look closer later
no advice given