Tuesday, September 6, 2016

Buyers Begin to Smile on Be Heard

Be Heard stock (LSE:BHRD) is something that brings joy to buyers. This is a market that has broken out of its base (a tight equilibrium phase) which was in existence for several months.

The ADX period 14 is almost above the level 30, while the DM+ is above the DMI-. All these show that the momentum is strong and it favors bulls. The MACD default parameters, has both its histogram and signal lines just above the zero line.

This means that the Bullish Confirmation Pattern in the chart is still relatively a new thing. Buyers that join the market now would probably keep on smiling to the bank as price moves further and further upwards. Indeed, Be Hears is a promising market.

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