Premier Farnell - maybe the odd equity looks a ‘long’…?

Whilst it is more than difficult to pick anything ‘on the up’ at the moment, Premier Farnell looks like it’s bounced off the 200-day MA. What happens with the 20 & 50day MAs will determine if the strength has really come back in with buying interest. The RSI has broken back through the 30 level. Maybe worth monitoring, and possibly taking interest if it breaks 170p, the previous high. We’re not holding our breath, though, but felt we should point out the odd equity possibilty for those who still dabble with a swing trade or two. Watch your stops, too.