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HamzahPatel

Severn Trent ~ Long Swing Trade

Long
SEVERN TRENT ORD GBP0.9789 (LSE:SVT)  
HamzahPatel  
LSE:SVT   SEVERN TRENT ORD GBP0.9789
Trend Analysis Chart Patterns Technical Indicators
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I recommended Severn Trent not too long back, however that turned out to be too early. With it now properly bottomed out, go long to capture gains from an imminent reversal.
Hold till channel resistance/an overbought RSI .
Place stop loss at 2013
Risk/Reward ratio: 8!
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