Far Eastern Shipping Company (FESH) shares are recommended for purchase:
- stock quotes are in an upward cycle;
- the price fell to the correction zone;
- there is a bar buy signal from the zone in the form of an inside bar.
The entry into the deal on the shares of the Far Eastern Shipping Company (FESH) is carried out with a pending buy stop order at a price of 15.15. We put a stop order behind the bar formation in the area of 13.5, and set the Take Profit in a ratio of 1: 2 in relation to the stop at the level of 18.45.
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