Get started
Trend_Trader_JSE

Imperial Brands long trade idea

Long
IMPERIAL BRANDS PLC GBP0.10 (LSE:IMB)  
Trend_Trader_JSE  
LSE:IMB   IMPERIAL BRANDS PLC GBP0.10
Trend Analysis Chart Patterns Technical Indicators trendtrader trendfollowing tobacco
1
0
trendanalysis chartpattern indicator trendtrader trendfollowing tobacco
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.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.