Wednesday, November 29, 2017

Physiomics PLC shoots upwards massively like Bitcoin

Physiomics PLC stock (LSE:PYC) has shot upwards massively, just like Bitcoin. This follows the long-term consolidation (base line), which held out for several months. The recent massive, bullish breakout has ended that.

4 EMAs are used for this analysis and they are EMAs 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 flat, reflecting the past tight consolidation in the market. However, the 4 EMAs would start sloping upwards.

Physiomics is now in an uptrend, that is supposed to be sustained as the ongoing bullish breakout is sustained.

Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

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