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Tuesday, November 15, 2016

Castleton to go upwards soon

Castleton shares (LSE:CTP)  are expected to go upwards soon. Price dropped sharply in August 2016 and has moved sideways since then. Right now, some bullish effort is being noticed.


The ADX period 14 is around the level 14, meaning there is a form of momentum in the market. The DM+ just, barely crossed the DM- to the upside, showing the bull’s intent in pushing price further upwards. The MACD, default parameters, has both its signal lines and histogram above the zero line. This signals there is a Bullish Confirmation Pattern in the market already, and a strong breakout may soon take place.

The bullish signal on Castleton is very new, and those who join the ride would maximize their profits. Price may end up going upwards for 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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