Wednesday, December 2, 2015

Pace Stock Rises Sharply

Pace stock (LSE:PIC) is a nice strong market. The bullish movement has not just started. It started in September 2015 – only to become significant this week.

Prior to September, the trend on Pace was bearish, but this ended in September. The price is now above the EMA 21 while the Williams’ % Range period 20 is in the overbought region. This reveals a strong “buy” signal in the market. The price could go further upwards, and further upwards. Nonetheless, the possibility of occasional pullbacks cannot be ruled out.  

Those who have gone long on Pace should come out victorious in this market. Do you believe you trading system would always survive occasional roll-downs? This is one of the realities you must accept in order to make progress in your trading career.

This forecast is ended by the quote below:

“I have taken a massive step back from my trading and begun to look to the charts inside me, rather than the charts the market has to offer. I see undeniably the connection between consciousness and success.” - Chris Liley

Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

What Super Traders Don’t Want You To Know: Super Traders

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