SIS breaking out into new uptrendLSE:SIS has broken a long term downtrend and is currently at the pivot point to break out into a new uptrend - very similar to July 2016. A breakout confirms a new uptrend with a targets of 64.6p and 71.2p.
SIS trade ideas
Science In Sport LON:SISCould be an interesting share to watch, and a possible long. Counter trend trade.
Coming into a long term support area
Double bottom
Bullish candle on the daily chart
Divergence on the RSI for the daily chart
Great risk to reward of 1/4 before it would be some resistance and last big sell off.
Would wait for a second bullish candle and a rise up on the RSI.
