CSF Group shares (LSE:CSFG) were not attractive at
all, until recently. There was a strange, tight, protracted base until August
2017.
The current bullish breakout has brought about hope
for bulls. The ADX period 14 is around the level 40, signifying a strong
momentum in the market. The DM+ is above the DM-, showing bulls supremacy. The
MACD default parameters, has both its histogram and signal lines above the zero
line. This is a “buy” signal, which would eventually lead to a Bullish
Confirmation Pattern as price goes further upwards.
CSF Group was a penny stock until now… Price is
expected to continue going upwards this year.
Azeez Mustapha
Market Analyst, Trading Signals Provider and Coach
Traders’ Mindset: Traders' Mindset
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