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TAKE PROFITS Hunting (HTG)

Close Hunting (HTG) at 362p

With the FTSE at all-time highs, we’re looking to do some spring cleaning to our list of FTSE Investor Open positions.

First up, we’re crystalising our gains in oil engineer Hunting. The shares have gained more than 20% since the turn of the year and now trade on one of the highest multiples in the          Oil & Gas Related Equipment and Services.

With the shares stalling at long-term resistance, we’re going to take a healthy profit and wait for a pullback before potentially re-entering later in the year.

Profit = +36.6%

HTG Daily Candle Chart