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TAKE PROFITS Yu Group (YU.)

Close Yu Group (YU.) at 1,140p

SME energy company, Yu Group has performed brilliantly for us this year as we snapped up two tranches.

Having released a stellar set of results in September the shares now have a lot of good news baked in. And in the last month, we’ve seen a bearish double top formation print on the price chart, indicating that Yu’s impressive uptrend may be due for a prolonged pullback.

We are going to take profits into the recent strength with a view to potentially buying back in if prices have a reasonably sized retracement.

Profit:

• First Tranche: 152.2%

• Second Tranche: 92.8%

YU Daily Candle Chart