IQE stock (LSE:IQE) has been going upwards in a perpetual bullish
movement, creating opportunities to buy long on dips.
The movement this year has been mostly bullish – with price going
northwards in most cases. A few months ago, price even went above the upper
Trendline, going further northwards.
Around the same time, the RSI period 14 has often stayed in the
overbought region. In this kind of market, the best approach is to buy
pullbacks.
IQE is expected to continue going northwards, for the rest of the year
2017.
Azeez Mustapha
Market Analyst, Trading Signals Provider and Coach
Traders’ Mindset: Traders' Mindset
No comments:
Post a Comment