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StoneTradingGroup

Inverted Double Bottom Head & Shoulders - Long (SAFE)

Panjang
SAFESTORE HOLDINGS PLC ORD GBP0.01 (LSE:SAFE)  
StoneTradingGroup  
LSE:SAFE   SAFESTORE HOLDINGS PLC ORD GBP0.01
SAFE LSE LONG
1
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safe lse long
Earnings report was released on the 9th of January 2017 and showed good results, however a 19% decrease in Full Year pre-tax profit caused the stock to fall. I think the stock will recover and continue on a bull trend, following a possible inverted head and shoulder pattern to the upside.

Planning on taking some profits at around 380 and leaving the rest to ride it out if this trade goes my way.

SAFE

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Penafian

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