Quadrise Fuels stock (LSE:QFI) is a bull market and
it can continue to rise as sellers stand
in their own way due to overcautiuosness caused by repressed fear.
On the chart, the 4 EMAs used are EMA 10, 20, 50 and
200. The color that stands for each EMA is shown at the top left hand of the
chart. As you can see, all the EMAs are sloping upwards, and also acting as
support to the price. This could be the beginning of a long-term bullish outlook.
Conclusion: On
Quadrise, long positions are thereby recommended with safety measures in place.
Risk control offers limitation that ensures the safety of your portfolio. Too
many orders on a portfolio would over-exert it and may result in significant
drawdowns. Even if one would speculate on the bearish side of the market, it
should be a short-term order, so that what is supposed to be a day trading idea
would not become a position trading idea.
Azeez Mustapha
Market Analyst, Trading Signals Provider and Coach
Eye-opening trading lessons: http://www.harriman-house.com/experttraders
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