It’s now the time to open long positions on Challenger
Acquisitions stock (LSE:CHAL). The indicators on the daily chart point to a
bullish signal.
In the last several months, the market was trending
downwards (until recently). Right now, price has crossed the EMA 21 to the
upside, as the Williams’ % Range period 20 goes into the overbought territory.
That is a bullish signal.
Challenger Acquisitions has had a “buy” signal on it
and price is expected to go upwards, reaching the resistance levels at 4.00,
6.00 and 8.00 within the next several months.
Azeez Mustapha
Market Analyst, Trading Signals Provider and Coach
Traders’ Mindset: Traders' Mindset
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