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Long

INPP - International Public Partnerships - Long

LSE:INPP   INTERNATIONAL PUBLIC PARTNERSHIPS LD ORD 0.01P
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3
106 0
Initiated long position on INPP at 154p. Strong support level , high volume from buy zone as marked on chart.

RSI 2 oversold.

Positive divergence on STOCH .

Price has made lower lows from August 2016, however, strong fundamentals, low PE ratio, increasing profit margin over last TTM .

Target 165p.
Comment: RL: 160 & 163.

We need to see some decent volume and a break above 160 to see target of 165. Holding for now.
Trade closed: target reached: Closed INPP today, price is failing to make substantial moves, need to free up capital for further trade ideas. Out at 160.
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