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 [...]