Long
Centamin PLC (CEY) - Long
On fundamentals this is one you could bang on about in a manner of ways. From dividends likely, to production rates, to zero debt etc. But, I am not in the slightest bit interested.
On technicals, there is for sure a death cross imminent on the daily. However, it is oversold on the daily and edging towards oversold on the weekly. It also seams to be finding support around the 78.6% fib on the weekly. Which might, just might suggest it is starting to carve a new bottom out.
On the daily it has also dropped significantly twice previously, only to see a bounce of around 15%. And that is what interests me? Because there is a chance that it might repeat again.
100% technical trade with a 2:1 risk/reward ratio.
On technicals, there is for sure a death cross imminent on the daily. However, it is oversold on the daily and edging towards oversold on the weekly. It also seams to be finding support around the 78.6% fib on the weekly. Which might, just might suggest it is starting to carve a new bottom out.
On the daily it has also dropped significantly twice previously, only to see a bounce of around 15%. And that is what interests me? Because there is a chance that it might repeat again.
100% technical trade with a 2:1 risk/reward ratio.
Trade fermée: cible de profit atteinte
Target has been reached and exceeded slightly. Position closed for a 17% return.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.