13th Jan 2021. 1.26pm

Regency View:

TAKE PROFITS – SDI Group

Regency View:

SDI Group: Close at market (122.8p)

SDI have been a standout performer in our AIM Investor portfolio for the last year…

The shares have carved out a powerful uptrend which has been fuelled by a series of bullish trading updates and broker upgrades.

Of course, perfect uptrends don’t stay that way forever and this week’s price action has seen the shares break below their ascending trendline.

With this in mind, we’re going to crystalise our profits and wait for a healthy retracement before potentially re-entering.  

Gross Profit = 132%

SDI Daily Candle Chart

SDI Daily Candle Chart