Target reached. Position closed on 09-01-2019.
The Fugro (FUR) stock has taken quite the beating lately.
In half a year the stock dropped in price significantly.
Where it was priced at 13-14 euro half a year ago, we are currently swinging around 7-8 euro.
I have taken a position in this stock and will be placing a sell order at 9.35EUR. In my opinion this is where it will find resistance.
I expect to be closing this position within 1-4 weeks.
Info
Open date: 07-01-2019
Entry: 8.14 EUR
Target sell: 9.35 EUR
Stoploss: 7.85
Risk: Medium-High