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LLOYDS BANKING GROUP PLC ORD 10P, VODAFONE GROUP PLC ORD USD0.20 20/21, MX OIL PLC ORD 0.01P, VAST RESOURCES PLC ORD 0.1P, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), UK OIL & GAS PLC ORD 0.01P
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Got into powr last night as it was forming a symmetrical triangle with the trend line. Sure enough a breakout happened overnight but it did not quite reach my sell target. It has no retraced and touched the 50% on fibs. Hoping for a bounce here up to my take profit target of 6447.
POWRBTC has breached a support level at 7680.
Short Sell POWRBTC @ 7680 with target 6180
Notice the 3 Lower highs and 3 higher lows.
Price is currently sitting at its previous ATH, indicating if breaking out it will reach a new ATH.
Bollinger bands also getting tighter
POWR looks like a nice stabilized investment now, so here are some opportunities.