nomad-trading
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chartpattern
indicator
trendanalysis
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Persimmon has been following a trend channel and bounced off the bottom a couple of days back, supported by the 200 DMA. A Buy indicator today with a fairly tight stop below the 20 and 50 MAs for support gives this a decent R:R if we target the top of the channel for take profit and coincidentally the pre-covid highs.
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Just learning. VOD recent results seem to have halted the decline and maybe we can see a turn around? 9EMA crossed 20MA
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