Annual forecast for World Wrestling Entertainment (2021)

World Wrestling Entertainment stock (NYSE:WWE) gapped massively upwards in June 2021, but began to come down afterwards. A continuation of this downward movement can signal a clear bearish signal.

 

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 tip left part of the chart. Price has already breached the EMA 10, 20, 50 to the downside, and it is now going towards the EMA 200.

 

Bulls have been forced to stay aside because of the recent price action, and a long signal would be in place once price crosses the EMA 50 to the upside. Otherwise, going long would not make sense here.

 

Should the EMA 200 get breached to the downside, the major trend would turn bearish (Death Cross). This year, WWE could reach the demand levels at 50.00, 45.00 and 40.00.

 

 

 

Azeez Mustapha

 

Market Analyst, Trading Signals Provider and Coach

 

Teach Yourself Technical Analysis: Teach Technical analysis

Annual forecast for Premier African Minerals Limited (2021)

Premier African Minerals Limited shares (LSE:PREM) are currently not bullish or bearish. There has been a long-term ranging movement in the market, which has started since April 2021, and which followed those maniacal up and down swings in the months of March.

 

Price is currently trapped within the upper and lower Trendlines, and a break either upwards or downwards will determine whether the trend will turn bullish or bearish once there is a break out of the Trendlines (a breakout from the current ranging movement).

 

Nonetheless, on looking more closely at the chart, it can be seen that the probability of price going south is more than its probability of going northwards. Price is nosing close to the lower Trendline and the RSI period 14 is almost below the level 50.

 

In case the current bearish effort becomes more prominent, the support lines at 0.175, 0.15 and 0.1 would eventually be tested this year.

 

 

Azeez Mustapha

 

Market Analyst, Trading Signals Provider and Coach

 

Teach Yourself Technical Analysis: https://www.advfnbooks.com/books/techanalysis/index.html

Annual forecast for Chevron (2021)

Chevron Corporation shares (NYSE:CVX) are ranging in the long-term and trading upwards in the short-term. The market survived a flash crash that happened in the middle of this month and has become bullish in the short-term.

 

The ADX period 14 is around the level 20 (low momentum), while the DM- remains above the DM+ (the effect of the recent flash crash). The MACD default parameters has its signal lines and histogram converging against each other, around the zero line.

 

The long-term range is still in place and this will end anytime from now, when volatility will rise and a breakout will occur, most probably driving price northwards. There would have been a Bullish Confirmation Pattern in the market by then (ADX DM+ will be above its DM-, and MACD histogram and signal lines will be above its zero line).

 

Therefore when a breakout does occur, it would be in favor of bulls and CVX can reach the supply zones at 120.00, 140.00 and 160.00 before the end of this year.

 

 

Azeez Mustapha

 

Market Analyst, Trading Signals Provider and Coach

 

Teach Yourself Technical Analysis: https://www.advfnbooks.com/books/techanalysis/index.html

 

Annual forecast for BP. Plc (2021)

BP. stock (LSE:BP.) is essentially bullish, albeit moving upwards slowly and steadily. The market has been caught in the current bullish trend since February 2021, following a massive sell-off. The uptrend has been in place since then.

 

Price has managed to remain above the EMA 21, and the William’s % Range period 20 is not below the level 50, though currently pointing downwards. Things are expected to change soon, as price stays farther above the EMA 21 and The William’s % Range period 20 would have gone into the overbought region, or moved near it.

 

The outlook on BP. is bullish for this year, since the current bullish effort would be sustained. Price will endeavor to reach the distribution territories at 340.00, 360.00 and 380.00 by the end of this year

 

 

Azeez Mustapha

 

Market Analyst, Trading Signals Provider and Coach

 

Teach Yourself Technical Analysis: Teach Yourself Technical Analysis 

Win Infinix Hot 10 Play and Tecno POVA this month!

Hello Traders:

 

For this month of July 2021, you can win any or all these brand-new Android phones:

 

Win Tecno POVA (LD7)

6.8" HD+ Screen,

6GB RAM + 128GB ROM,

6,000mAh Battery,

Helio G80 Processor,

13MP Quad Camera,

4G LTE –Purple

 

How to win Tecno POVA

Just win at least 5 trades in a row in “Local Events” and/or “Others” Categories only.

 

Yes the promos is valid for Local Events and Others categories alone. Win 5 trades in a row and claim a Tecno POVA smartphone.  

 

 

Win Infinix Hot 10 Play (X688B)

6.8-Inch (64GB ROM, 4GB RAM),

13MP+2MP+8MP Camera,

6000mAh Battery – Purple

 

How to win Infinix Hot 10 Play

Just win at least 7 trades in a row in Sports Categories only.

 

Yes the promos is valid for Sports Category alone. Win 7 trades in a row and claim an Infinix Hot 10 Play smartphone.  

 

Win any of the 2 Smartphones

Or win 5 trades in a row predicting the Forex/stock/commodity markets that are set on Tuesdays, closed on Sundays and expired on Mondays. Then tell us whether you want that Infinix phone or that Tecno phone.

 

How to claim your prize

Simply email us with your registered email address on Predictmag.com, and we will tell you when to come to our office to collect the phone. If you are not living in Lagos, you can send someone to collect it on your behalf. Please note that you will need to send us the photo of the person who is to collect the phone on your behalf.

 

NB: This promo expires on Saturday, July 31.

 

All the profits you make when predicting also belong to you. That is your money.

 

To win prizes for predicting trades in any categories, please go here: https://www.predictmag.com/pages/promos-and-deals-1233321681