Adsense

Wednesday, November 8, 2017

Zanga Iron – BUY

Zanga Iron shares (LSE:ZIOC) are in a bullish mode, having gone upwards seriously this week, to continue the bullish bias that was started late last month.

The ADX period 14 is at the level 50, which shows a very serious momentum in the market. The DM+ is above the DM-, showing that bulls are in control. The MACD, default parameters, has its signal lines and histogram above the zero line.

There is a Bullish Confirmation Pattern on Zanga Iron, and price may go towards the supply levels at 10.00 (which has been previously tested), 13.00 and 15.00. The signal in the market is a BUY.


Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

Traders’ Mindset: Traders' Mindset
  

Buy and sell Perfect Money/Payeer/Epay; get funded quickly: www.ituglobalfx.com.ng



Start your journey to permanent success: http://www.tallinex.com/open-account?i=128521 

No comments:

Post a Comment

The default minimum deposit amounts are: $100 for Micro accounts, $500 for Pro-Managed accounts, and $2,000 for Pro accounts However, an optional "suggested deposit amount" parameter may be used.