Wednesday, August 20, 2014

Long-term Sellers of Maple Energy Continue to Gain Huge Profits

Maple Energy shares (LSE:MPLE) have been in a long-term bearish trend. Short-term sellers have made huge gains and would continue to make more money as the bearish trend continues.

The EMA 21 shows that the market is in a long-term downtrend, while the Williams’ % Range has perpetually been in the oversold territory. This has been going on for many months and there is no end in sight. Any rallies only give new sellers more opportunities to join the ride to the south. Right now, the price is under the EMA 21 – a renewed ‘sell’ signal. The price could reach the demand levels at 5.000 and 4.500.

Short-term trades may also want to join the market during trending movement and smooth their positions when the market stalls. Trading instruments do not move all the time, and therefore, we would want to stop trading when there is no movement. Impatient traders can thus be forced to trade a trendless market, simply because they are desperate for quick profits. Being patient is one of the greatest factors that contribute to ultimate success. When we follow the lines of the least resistance, we would do ourselves favor by staying away from the markets that do not show clear trading opportunities.

This forecast is ended by the quote below:

 “You must risk money to make money…You cannot possibly make profits in the markets unless you put up the money.” – Joe Ross

Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

Learn from the Generals of the Markets: Market Generals

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