Adsense

Wednesday, October 12, 2016

Tlou Energy Is Trending Higher and Higher

Tlou Energy shares (LSE:TLOU) are trending higher and higher. The market is currently undergoing some correction and when the ends, the uptrend would resume.

Since the end of July 2016, price has broken above the upper Trendline, as the RSI period 14 went above the level 50. This has long created a “buy” signal in the market, which is supposed to continue being valid for the next several months.

Right now, there is a threat to the bullish “buy” signal, but as long as price does not go below the support line at 6.00, the bullish expectation on Tlou energy would be valid.


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

The default minimum deposit amounts are: $100 for Micro accounts, $500 for Pro-Managed accounts, and $2,000 for Pro accounts However, an optional "suggested deposit amount" parameter may be used.