Thursday, March 5, 2015

Annual Trading Forecast on Intrexon Corporation (2015)

Intrexon Corporation stock (NYSE:XON) is a strong market and the strength is expected to continue for most of this year. The price was bullish for most part of the last year – an action that has continued till now.

Intrexon Corp stock has broken out of the upper Trandline, showcasing a bullish determination. At the same time, the RSI period 14 is above the level 70. This is very strong bullish market; and though some transitory pullbacks should be expected along the way, the pullbacks would be nice opportunities to buy long. The price may eventually reach the supply levels at 60.00 and 70.00.

Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

Learn from the Generals of the Markets: Market Generals

No comments:

Post a Comment