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Tuesday, August 16, 2016

Hochschild is another wonderful market for buyers

Hochschild shares (LSE:HOC) have been performing wonderfully since March, 2016. This means that the market is another wonderful opportunity for investors. Whenever there is a pause, a pullback or consolidation in the market, it would mean a good entry point for those who are destined to make money.

Price has gone above the upper Trendline since April and it has not gotten back into it. In fact, it is not expected to go back into it. The RSI period 14 has constantly moved around the level 70, meaning that the current bullish momentum is very strong.

There would be pullbacks, pauses and consolidation on Hochschild, but buyers would be winners overall. The next targets would be the resistance levels at 400.00, 500.0 and 600.00.  

Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

Super Trading Strategies: Super Strategies   
  

Buy and sell Neteller here; get funded quickly: www.ituglobalfx.com.ng


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