Investors are currently making outstanding profits on Boohoo
shares (LSE:BOO). Price has been trending upwards in most part of 2016, and in
the recent months, the uptrend has been so strong. This is a persistent
uptrend.
Price is above the EMA 21 and the Williams’ % Range period
20 is often around the overbought territory. While there may be shallow
corrections along the way, the market is bound to trend further and further
upwards.
Boohoo has moved from the demand level at 40.00 to reach the
supply level at 119.70. Bulls may target additional supply levels at 120.00,
130.00, 140.00 and finally 150.00, this year.
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
No comments:
Post a Comment