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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