There is nothing strange or nothing special on Tern stock (LSE:TERN).
Price trended downwards in July, August and September 2018 (despite rally
efforts along the way), and it has been consolidating since then.
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 top left part of the chart. Each
EMA is flat and with no directional movement. This means the trend is flat.
There is nothing special on TERN at the moment as the market is
essentially trendless. However, there may soon be a breakout, which might
really favor bulls.
Azeez Mustapha
Market Analyst, Trading Signals Provider and Coach
Trading realities:
http://www.advfnbooks.com/books/unlockpotential/index.html
Source: http://uk.advfn.com/newspaper/authors/azeez-mustapha
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