Imperial Brands long trade idea
We covered a couple of tobacco stocks in one of our YouTube videos.
Now we see a good setup for
IMB; price > 50EMA, 50EMA>200EMA, characteristics of a strong uptrend. For a short term pay, 1:4 risk-to-reward; a buy at current level with a stop below the 50EMA, and a short-term target at 2244 GBX.
Now we see a good setup for
IMB; price > 50EMA, 50EMA>200EMA, characteristics of a strong uptrend. For a short term pay, 1:4 risk-to-reward; a buy at current level with a stop below the 50EMA, and a short-term target at 2244 GBX.
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