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Long

#UPGS not yet going to plan...

LSE:UPGS   UP GLOBAL SOURCING HOLDINGS PLC ORDS 0.25P
So much for the 'cup and handle' scenario as #UPGS is not yet managing to break higher and has retraced a little. Never mind, I still have some headroom above the 82p entry price and can afford to wait to see if buyers start to show interest. You can't win them all and I could be proved wrong, but I still think this has the potential to surprise a lot of people with a good move to the upside. The recent trading update was positive despite the flat outlook, so I believe this is an out-of-favour stock going cheap. We shall see.
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