Trade of the week


TRADE OF THE WEEK – sponsored by LiveTradingFloor

Kier Group PLC (KIE)
Technical Play: Consolidation Breakout – Long
Entry Price: 1529.00 to 1533.00
Stop Loss: 1495.00
Target: 1750.00

Strategy
Break of consolidation and above 50ema indicates a move back to previous highs.

Performance
This stock has moved a total of 6.3% so based on a money-managed trade of 1% risk; your profit would stand at a 2.9% increase. That’s a 97 point profit in three days.
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