Safestore retesting resistanceSentiment in all timeframes for today are as Strong Buy
Price is approaching resistance and may break upwards looking at the current trend
SAFE trade ideas
Safestore Holdings Continues To be BullishThis stock is featuring for the first time on our TradingView blogs.
Current setup: Price is still looking strong as it remains above the 50 & 200 simple moving averages and keeps breaking out.
Conclusion: The recent breakout offers us the opportunity to enter the market as it is making new all-time highs.
Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!
Sublime Trading
$SAFE - Safestore BuyThis is a classic set up for me, oversold technicals, strong engulfing bar on high volume alongside decent financials.
Looking at a short term trade:
TP 460
SL 380
www.followmytrades.co.uk
Inverted Double Bottom Head & Shoulders - Long (SAFE)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.
LSE:SAFE
