Forbidden Technologies stock (LSE:FBT) has a sell signal on it,
which would aid further bearish movement in the market. The current price
action does not support long trades.
The price is under the EMA 21 and the Williams’ % Range period 20 is
in the oversold region. A closer look at the price shows that long trades do
not currently make a logical sense on Forbidden Technologies.
Further bearish movement may take the price towards the support
levels at 8.000, 78.500 and 77.000 within the next several months.
Azeez Mustapha
Market Analyst, Trading Signals Provider and Coach
What Super Traders
Don’t Want You To Know: Super Traders
Buy and sell Neteller here; get funded quickly: www.ituglobalfx.com.ng
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