Adsense

Sunday, August 30, 2020

This stock has begun another strange movement!

 Aa Plc stock (LSE:AA.) has begun another strange movement, following its most recent bullish attempt. The market dropped seriously in April 2020, moved sideways until August, broke upwards and moved sideways, only to threaten a bearish movement again.

 

This strange movement can result in a bearish signal once price breaches the upper Trendline to the downside and the RSI period 14 goes below the level 50. That would mean a bearish signal. However, in case price does not go below the upper Trendline,, and moves upwards instead to breach the resistance level at 40.00 to the upside, that would mean a clean bullish signal, especially when the RSI turns upwards and aims at the overbought region.

 

Whatever happens this week will determine what will happen to AA., whether it would go bullish or bearish. But right now, the market looks strange.

 

Azeez Mustapha

 

Market Analyst, Trading Signals Provider and Coach

 

Trading realities: Trading realities 

  

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

 

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

 

1 comment:

  1. Hello everyone are you a forex/Binary/indices/crypto trader? or you Have heard about it for long and right now you wish to give it a trial ? please also be careful of these unregulated brokers advertising on the internet.
    You can avoid loses and also make good choices when choosing a broker to trade with.
    So i am recommending an expert(78 years old woman) who is well known all over EUROPE/America for her master class strategy, and her ability to recover loses no matter how long it must have been, she also gives free tutors for beginners.
    I share this because she has led me(and so many other people) away from the paths of failure into success for over 3 years now that I have known her and
    I'm making huge amounts of money through profits.
    Its a blessing to have someone like her
    Helping people like us at this time
    To reach out to Mrs Deja Ellie is very easy and she is ready to take up the challenges with you.
    All you have to do is drop a mail to her email address -( Dejaellie@gmail.com ) i shared this to help someone, you can also share to help someone else too!!!

    ReplyDelete