Triad Group stock (LSE:TRD) has become a bullish market following
some historical weakness and then an equilibrium phase which was dragged out
too long. The historical bearish trend could have been caused by nothing other
than the herd mentality.
On the chart, the EMAs 10, 20, 50 and 200 are used: the
color that represents each EMA is shown at the top left part of the chart.
Since June 2013, there has been what could be rightly called a tumultuous bullish
breakout. The bullish journey has continued, though the price has been tumultuous
since then. All the EMAs are giving a valid bullish signal in an orderly
manner.
Conclusion: Triad
Group is a bull market and you should handle it adroitly. You would do yourself
a favor when your trading approach is concise and ready to handle the vagary of
the market: how to handle positive trades and how to handle negative ones. You
would know how to handle unexpected fundamentals and exponential plunges in the
price. The uncertainty of the market is an ever present reality, and being able
to face that victoriously is a must. If you fail to do this, any unexpected
thing in the market would throw you off balance, and you may do what you would
later regret. The cause of the regret is, nonetheless, an advantage for those
who know how to handle the vagary of the market.
Azeez Mustapha
Market Analyst, Trading Signals Provider and Coach
Ground-breaking lessons from expert traders: http://www.harriman-house.com/experttraders
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