RGU Regus

[darth trader]

Regus has broken out to the downside today from what appears to be a descending triangle. According to my measurements the target price is around 160p from 220p today.

This follows a downbeat trading statement earlier in the week.

 

[darth trader]

appalling timing on this one. RGU is in a strong downtrend but it would have been sensiible to wait before entering a trade here!