Sound Energy shares (LSE:SOU) have made massive gains, and
more of them are yet to come. This is a kind of market in which investors make
lots of money.
The chart shows that the market was in a tight equilibrium phase
from February to the end of June 2016. As from the beginning of July, the price
broke out of that tight equilibrium phase, which has essentially become a base.
Since then, the market has made massive gains, and it is still in a strong
bullish mode.
Price is above the EMA 21 and the Williams’ % Range period
20 is often in the overbought region. This is a clear bullish signal. While
Sound Energy could experience some pullbacks along the way, the market is
expected to go further and further north, making at least, another 2000 points
within the next several months.
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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