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PARAGON GROUP (LSE) - PAG - Buy

Long
LSE:PAG   PARAGON BANKING GROUP PLC ORD 100P
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3
I'll be looking to buy on a break of todays high.

Price is a supply zone and rejected from the .764 on the fib. RSI and STOCH is oversold with an outside day formed on the close of todays price action. M, W and D all trading over the 200ma.

Financials look good, increasing profit and a decent rise in fund purchases at the end of last year.

My first target is 447, second is 460.
Trade closed: target reached: First target hit at 447 for 12.5% gain.
Trade closed: target reached: Both targets hit.

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