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Thursday, December 8, 2016

Amur Minerals Corporation Remains a Bullish Market

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

1 comment:

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