Optibiotix H. shares (LSE:OPTI) are trending upwards nicely. This is a ray of light in the tunnel of bearish stocks: A silver lining in the dark clouds. The price is expected to continue trading north in the next several months (even years).
The ADX period 14 is at the level 30, showing a considerable momentum in the market. The ADX DM+ is above the DM-, meaning that the bulls dominate the bears in the market. The MACD (default parameters) have both its signal lines and histogram cleanly above the zero line. There is a Bullish Confirmation Pattern in the market, and the price should continue moving northward as said before.
It has been noticed that even some highly performing stock traders and hedge fund managers are invested in stocks like Optibiotix H. – and many other stocks in the healthcare, medical research and biotech sectors. They do this for a good reason.
This forecast is ended by the quote below:
“Price pays – For it is the difference between prices when we buy and sell that makes (or costs) us money.” – Dirk Vandycke
What Super Traders Don’t Want You To Know: Super Traders
CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).
This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.
Hot Features
Premium
Trade like a pro: Leverage real-time discussions and market-moving ideas to outperform.
