Amur Minerals shares (LSE:AMC) are moving northwards. This
is a bull market, and the recent bearish correction is just an opportunity to
buy long when things are on sale, and in the context of a downtrend.
4 EMAs are used for the strategy and they are EMA 10, 20, 50
and 200. The color that stands for each EMA is shown at the top left part of
the chart.
All the EMAs are sloping upwards – portending more
northwards journey. Price has pulled back into the EMA 10. It may pull back
into the EMA 20 also, which would provide a good signal to go long at better
prices.
Amur Minerals is bound to continue going up within the next
several months, reaching the supply zones at 15.00, 17.00, and 20.00 soon.
This forecast is ended by the quote below:
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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