I ask the question “Has London Capital Group (LCG) turned the corner?” because I have a couple of modest spread bet exploratory positions riding on the hope that it has:
Both positions (blue lines) are now in profit, with my common guaranteed stop order (red dashed line) somewhere between the two entry prices… which means that I should now at least break even overall. And if the price continues to go up, I might just be tempted to pyramid my positions like I did with Barratt.
My above chart doesn’t tell the complete story of why I thought this beaten-down stock may be worth a punt, but this “big picture” chart might do so:
Two Steps to Better Spread Betting:
Disclaimer: this posting is for general education only; it is not trading advice.