80.2p target - RSI break out - above all MA's = bullishAn obvious RSI break out vs other attempts, this is set to go higher, either entry on retrace or scale in.
potential retrace to 62.6p
last week volume spike
Above all MA's! = bullish
PMG trade ideas
ParkmeadLooking for a breakout of the pennant to the upside and will long the position to its next major level of resistance. The Daily trend suggests that it if a breakout is to happen it will go long. Any advice and guidance will be appreciated as it's my first publish.
Is Parkmead about to break?Is Parkmead about to break?
Indicators on Daily chart look good e.g. 50EMA crossing over 200EMA
and Retest of 200 and and 50 EMA at 40p before heading higher again
Wait and see.
