Annual Forecast for Optibiotix H. (2018)

Optibiotix H. stock (LSE:OPTI) is also a weak market, though the weakness is not very much pronounced when compared to others. Price consolidated in October 2017, and started coming downwards from November 2017.

Up till now, price has been coming down, leading to a strong bearish outlook on the market. Rallies have been invariably followed by further dips.

Price is currently below the lower Trendline, as the RSI period 14 is below the level 50. As long as price stays below the lower Trendline, the bias would be bearish.

OPTI is expected to continue going further and further downwards for most part of 2018.

Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

Trading realities: Traders' Mindset

  

Source: http://uk.advfn.com/newspaper/authors/azeez-mustapha

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