Hays PLC (HAY)
Technical Play: Consolidation Breakout – Short
Entry Price: 134.00 to 133.50
Stop Loss: 128.25
Target: 124.00
Strategy
Consolidation in a down trend fast gaining momentum. Decisive break below previous day’s low signifies a continuation of the trend..
Performance
This stock has moved a total of 6.0% so based on a money-managed trade of 1% risk; your profit would stand at a 2.9% increase in eleven days.
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