Centamin PLC (CEY) - Long

٢٨ يناير ٢٠٢١

Position taken in CEY again

See previous CEY trade here

Technical trade.

2:1 Risk/Reward.

Good luck.

٢٤ فبراير ٢٠٢١

تم إغلاق الصفقة يدويًا

Position Closed.

FIB support at 78.6% broken and daily now closing continually below it (resistance).
Gold price looking weak in the shorter term.
Shorts in CEY increased slightly again.
IG index requesting 100% margin call on CEY (forced sellers).

As stated. It was a trade. Not an investment. 2.5% loss.