Blue Star Capital stock (LSE:BLU) is extremely
strong right now. The market had been in a tight consolidation in the past
several months, before becoming a bull’s paradise.
The consolidation was so tight that it formed a
long-term base, and now it has broken out with a high momentum, skyrocketing.
The ADX period 14 is at the level 60, meaning that
the momentum in the market is superb. The DM+ is above the DM-, showing that bears
have already been ravaged and they are completely hopeless at the moment,
The MACD parameters has it both its signal lines and
histogram above the zero line. There is a huge Bullish Confirmation Pattern in
the market: The bullish journey is expected to continue for the next few
months, at least.
Azeez Mustapha
Market Analyst, Trading Signals Provider and Coach
Traders’ Mindset: Traders' Mindset
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