28th Jan 2020. 1.01pm

Regency View:

TAKE PROFITS – Dart Group (DTG)

Regency View:

Dart Group (DTG) – Close at 1,712p

Dart Group have been a real standout performer in our AIM Investor portfolio.

The airline and package holiday operator has undergone a significant re-rating following the collapse of Thomas Cook, which essentially put around 2.5 million new travel customers up for grabs.

A series of market-beating trading updates have seen the shares surge to new highs, putting our position into a triple digit profit. With so much positivity now ‘baked in’, a prolonged pullback looks almost inevitable, especially given the weakening sentiment in the travel sector following the coronavirus outbreak in Wuhan China.

With the shares failing to maintain their Jan 10th breakout to new trend highs, we believe the timing is right to crystallise our profits.

Gross Profit = +106.02%

DTG Daily Candle Chart

DTG Daily Candle Chart

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