Monday, October 21, 2019

Versarien Plc price analysis: The bearish momentum on VRS to continue

Versarien plc stock (LSE:VRS) is a bear market and the bearish momentum on it is expected to continue. Rallies are ought to be ignored as they can be traps.

In the chart, 4 EMAs are used, 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. Price recently moved above the EMAs 10 and 50, and later dropped below them. That is a clear bearish signal.

Unless price crosses the EMA 50 to the upside, the current bearish outlook would be valid.

In the VRS daily chart, the EMAs are sloping downwards. Sell and sell short… As the market moves towards the demand levels at 80.00, 70.00 and 60.00. This is a target that can be achieved within the next several months.

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Emporium Group (MPM) consolidates ahead of a possible rally

Emporium Group shares (LSE:MPM) are currently consolidating and that has formed a very strong base,  which could make a possible rally occur at any time. Yes, price has shown inability to go further downwards. An upwards momentum is the most probably.

The sideways movement has been on since June 2019, and price went further lower in early October 2019, ranging since then. Sellers are really tired.

Price is currently hovering between the upper and lower Trendlines, and a break above the upper Trendline will trigger a protracted bullish run. The current consolidation cannot last forever.  

The RSI period 14 moved briefly below the level 20, only to go upwards again and it is now roughly around the level 30; promising to go towards the levels 40, 50 and 60. The RSI will go seriously upwards once the expected rally does occur.

MPM price may go towards the distribution territories at 1.00, 2.00 and 3.00 within the next several months.

Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

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Trading Is Hard! These Are the Facts

“Looking at the three stock indices above, I cannot tell which way stock prices will move next.” – Joe Ross (over 65 years of experience in the markets)

“There's an advantage to using a more methodical approach: Continue to search for solid, high probability trade setups, outline detailed trading plans, and trade prudently with unwavering discipline.” – Joe Ross

“If you want to be a profitable trader in the long run, you must learn to keep your profits rather than give them back to the markets.” – Joe Ross

“While paper trading is great for learning the basics or trying out a new strategy without risk or stress, it can't teach you everything -  like how to handle risk and stress when it's real money on the line. At some point, you have just got to get into the trading "kitchen” try it for real.” – Trading Educators

“Markets are pretty simple – they have times when they go up and times when they go down.” – Chris Tate

“I was recently reading an article about a University study on the behavior traits of Professional and Amateur traders which highlighted some interesting findings. The researchers split the group into two, one was made up of half the traders who were given a proven trade plan to follow and the other half who developed their own. After a set number of weeks trading the markets, the group who followed the plan had been profitable and the other half had not. However, what was more interesting was the behavior of the groups. The profitable group had stuck to their plans throughout, yet the unprofitable group consistently changed their trading plan after three losses, irrespective of whether the three losses came in a row or not. What was their motivation to keep changing? To win more, or to avoid losing?” – Same Evans

“A saving grace in trading is learning to take advantage of series probability, which allow for you to enjoy a series of wins, provided you have an edge”. – Attributed

“Understand your own psychology and the market’s psychology, and you’ll be rich beyond that which you could ever conceive”. – Chris Tate

“So whatever you do, forget about making it personal. Trading is not personal. It is just business. If you keep your self-esteem out of the picture, you will trade more objectively, rationally, and profitably.” – Joe Ross

It always struck me that golf and trading were closely related in that in a golf tournament the person who wins is the one who makes the fewest catastrophic errors. And when they make those errors it is the person who manages their mental state afterwards who wins… - CT

“So far I haven't found another profession that's as challenging and interesting day in and day out as trading. I love waking up and knowing what I'm up against. Knowing I might find a new little edge today in the markets. Going through my trading routine and enjoying the freedom trading provides. It's also one of the most scalable businesses out there and it has many other advantages...but to make it here as in any business you'll need to do some hard work that isn't always exciting.” - Marco Mayer (

“There is an infinite number of potential trades for you”. – Chris Tate

…There are people who believe themselves to be traders who never take a trade. Their reasons for this lack of activity are their own but intriguingly they will be the ones who spend all their waking hours on internet forums arguing why your RSI should be set to 9 and not 12 as if that friggen mattered at all. When you elect to do nothing you have by default elected to do something.” – Chris Tate

“If it does not conform to your rules, do not take the trade”. – Chris Tate

 “To succeed, you need to anticipate where a potential trade will go or at least have the tools to increase your opportunity in being right.” – TradingEducators

 “The great joy of trading is that there is never any upper limit placed on what you can earn. No one will ever ring you up and tell you to stop because you are doing too well. Your success is defined by your skill.” – Chris Tate

Market Analyst, Trading Signals Provider and Coach

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Tuesday, October 15, 2019

Europa Metals price forecast: Could the current rally on EUZ be false?

Europa Metals Ltd stock (LSE:EUZ) is currently experiencing a rally in the context of a downtrend. But there is likehood that the rally would not be sustained unless the condition stated below is met.

From May to August 2019, price went flat. Then it rallied massively in August – only to start coming downwards in September. At the present, there is a short-term bearish bias on the market, and price currently seems to be challenging the bearish bias.

ADX period 14 is below the level 20 (poor momentum). The DM+ is above the DM-, which supports the current effort to undermine the recent bearish bias. The MACD default parameters, bas both its histogram and signal lines below the zero line (although the histogram is now breaching the zero line). All these are not yet pointing to any bullish signal.

For a bullish signal to form (a Bullish Confirmation Pattern), there is a need for the MACD to have both its signal lines and histogram above the zero line. In conjunction with the position of the ADX, then it would be safe to go long.

Otherwise, the current rally on EUZ may be an actual trap.

Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

Trading realities: Trading realities 

Buy and sell Perfect Money/Payeer/Epay; get funded quickly:

Selling pressure to bring windfalls to bears on Bidstack Group (BIDS)

 Bidstack Group plc shares (LSE:BIDS) have already formed a bearish bias, and that is supposed to balloon into massive selling in the market. Bears can be richly rewarded soon.

Price is currently below the EMA 21, and Williams’ % Range period 20 is now heading into the oversold region. There is already a “sell” signal in the market, and price would continue going further and further downwards, reaching the demand levels at 19.00, 18.00 and 17.00.

Any rallies here should be disregarded, and dips should be given more attention, as the market would trend downwards for the next several months (the current subtle bearishness started a few months ago).

Yes, further weakness is anticipated on BIDS and this would be windfall for sellers.