#IMB Long at 1480 ahead of ex-dividend date
Enough is enough.
Tobaco is not in favour these days but #IMB has just cleared its EMA200 (long-term resistance).
Good setup emerged for the Long trade: Buy 1480, TP1 1635, TP2 1730, TP3 1820, SL 1410.
Additional reward is ex-dividend date on 26/11 (adds 48 per share).
Tobaco is not in favour these days but #IMB has just cleared its EMA200 (long-term resistance).
Good setup emerged for the Long trade: Buy 1480, TP1 1635, TP2 1730, TP3 1820, SL 1410.
Additional reward is ex-dividend date on 26/11 (adds 48 per share).
Trade active
Dividend gap was larger than expected.Stopped and re-entered @ 1410.
Net 48p dividend - 70p loss at stop = -22p
Keep Long with same Targets, SL 1360
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