Croda offers an interesting short-term buying opportunity, says Robert Craig at www.mbcapital.co.uk.
After whip-sawing below its 200-day exponential moving average (EMA) after its recent results fell short of expectations, Croda is bouncing back from oversold levels. A comfortable breakback above that 200-day EMA - currently £22.17 - could ultimately see it return to £25. Go long above that EMA, placing a stop-loss beneath it.
