Tethys shares (LSE:TPL) are not an attractive market at the
present. Price has been quite choppy for several months and the best action to
take is to stay away from the market right now.
Price has swung below the EMA 21 – in a volatile, choppy and
unreliable manner. The MACD, default parameters, has its histogram above the
zero line, while the signal lines are below the zero line. This is a rough
market with no agreeable signal. The indicators do not even agree.
It is better to abandon Tethys until there is a directional
movement in the market; when the two indicators would agree on a
direction. :
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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