It has hit the top resistance and next stop would be mid to bottom of support. As shown. A really good short if it pans out.
Target 1.68, Downward Channel , not much support
Long on SuperDry. Currently trading at bottom of channel. Not much downside as its only trading on news that its target price was reduced from 2300 to 2000 so no justifiable drop. Target 1900 +/-
Its been in a trend channel since 2016 and no reason why it should not continue.
Taken a mini on this one as we could see a move North to Circa 1.4 , stop at 1.343580
Looking at a clear break of lower resistance and a short to the 1.48500 level. Not overnight but over time. Please like / hit the reputation button. Thanks.