Clinigen Group plc : A resistance recently brokeout
By Pierre Gilles de la Londe
Entry price | Target | Stop-loss | Potential |
---|---|---|---|
GBX 519.13 | GBX 0 | GBX 499.5 | -100% |
Graphically, a good opportunity emerges. Prices have recently brokeout the GBp 515 resistance. So, the price could be lead to GBp 570. This level correspond to the next resistance. Moreover price could recently breakout the pivot point at GBp 537.5 which should feed the short term rise.
According to both fundamentals and technical analysis, a good opportunity could has emerged to getting long on Clinigen Group. The target will be the GBp 570 level and a stop-loss order could be placed under the GBp 515 area.