14th Sep 2021. 12.28pm

Regency View:

TAKE PROFITS Next Fifteen Communications (NFC)

Regency View:

Next Fifteen Communications (NFC) close at 1,154p

We’ve had a stellar run from Next Fifteen following our decision to add them to the portfolio a year ago…

The shares have formed a picture-perfect uptrend, characterised by steepening trendlines fueled by accelerating buying pressure, and NFC have delivered trading updates to match.

However, uptrends don’t stay perfect forever, and whilst we’re more than happy to ride out retracements, we believe the best course of action is to crystalise our profit and wait for NFC’s valuation to move to more palatable levels.

Gross Profit = +140%

NFC Daily Candle Chart

NFC Daily Candle Chart

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