Redstoneconnect PLC stock (LSE:REDS) is currently suitable
for buyers. Price has been going on since July 2016 till now, and further gains
are possible, at least till the end of this year.
From April to June, price was declining, reaching a possible
yearly bottom in June and going above the upper Trendline. In this month,
things have gone bullish and the market is poised to continue going further
north.
The RSI period 14 also has almost gone above the level 80,
showing a strong bullish momentum in the market. There would surely be a
pullback along the way, which are supposed to be transient in some cases.
As said in the first paragraph, Redstoneconnect PLC would
continue to gain till at least, the end of this year.
Azeez Mustapha
Market Analyst, Trading Signals Provider and Coach
Super Trading Strategies: Super Strategies
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