I've placed a buy order on JD Sports at 402 with a TP at 500 and SL at 360 just below the 200MA.
I believe the company has great growth potential with outstanding financials. Q1 results are out tomorrow hence the reason for the order above the current price, we could see a gap up but I will monitor it in the morning to see if we miss my entry, if so it will be...
When will this excellent stock ever stop. The Brexit pullback created a bull flag which is now completed, and so a projection can be extended to around 380p. When the pre-Brexit top is taken as a 100% fib, the 161.8% extension reaches the same figure, giving two technical indicators to the same target.
Note that the recent ramp has also formed a small bull flag,...
