Secure Trust Bank PLC : GBp 2820 as an entry point
Entry price | Target | Stop-loss | Potential |
---|
GBX 2,855 |
GBX 0 |
GBX 2,755 |
-100% |
---|
The upward trend could come to support Secure Trust Bank in the coming sessions.
Following a bullish wave, the stock now shows a slight decline that has lead it on the GBp 2820.5 medium-term support. On this level, remobilization of buyer flows would allow an uptrend in the medium and long term thanks to a trendline which support the stock.
A technical rebound is anticipated on the GBp 2820.5 area. It could be a basis for a purchase to target GBp 3000. A stop loss will be fixed below the entry point to limit the risk.
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