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Monday, July 29, 2013

Sefton Resources, Indicators Are Screaming: “BUY!”




The indicators on Sefton Resources (LSE:SER) are screaming out in what is another buying opportunity of a lifetime. In the recent bear market, the price has largely moved sideways from March 2013 until the latter part of the month of July 2013.

It is known that the stock is very cheap right now. From the prolonged sideways move, the price broke upwards and closed above the EMA 21, trending further northwards. Meanwhile, the Williams’ % Range has gone into the overbought region – showing a strong bullish bias. The price could go on towards the supply level at 6.00 within the next few years. A buy-and-hold strategy is recommended.  

Despite this wonderful opportunity, some would be hesitating. In a market like this, emotionally, fright tends to override avarice.  What do you think is the insider’s cause of the rally? The frog says that when it comes to the issue of tail, then the issue should be ignored.

Note: When a trader speculates and adopts a trading approach, he must acknowledge the fact that he cannot be always right. No-one may guarantee that the market would trend in a certain direction. Speculation remains a game of possibilities.

This piece is ended with the quote below:

“You don’t have to work hard to sell something that sells itself. A good
track record and happy clients can be all the marketing you need.” – Jesse Felder (source: www.tradersonline-mag.com)



Azeez Mustapha

Market Analyst, Trading Signals Provider and Coach

Ground-breaking lessons from expert traders: http://www.harriman-house.com/experttraders


 

1 comment:

  1. You are living in a dream world sonny if you think Sefton resources are a BUY! The company are mired in debt,lies,fraud,libel with several investigations on-going with the FCA,The Aim Regulation and the Serious Fraud Office!

    ReplyDelete

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