ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

Regional Reit Price: RGL Stretches Northward, Hitting Resistances at 25

Share On Facebook
share on Linkedin
Print

A series of increases has featured in line with the formation of candlesticks across the positive trending paths of the moving averages, as it has been noticed that Regional Reit Limited (LSE:RGL) presently stretches northward, hitting resistances around 25.

A rigorous and logical analysis of the bearish candlestick that has just emerged suggests that if bulls are forced to let up on their presence near the EMA trend lines, more lows in longing position orders may occur. If a bullish candlestick were to emerge in opposition to the 25-point threshold, it would be a moment to indicate the nullification of seeing falls.

Resistance Levels: 27.5, 30, 32.5
Support Levels: 20, 17.5, 15

Should purchasers not be hesitant to participate in the ensuing advances if RGL Ltd. shares climb against 25?
With the help of seeing the oscillating tools tending to turn back northbound from considerable lower spots coupling with a significant bullish candlestick, purchasers are likely to get back the control of the stock market, given that the Regional Reit Limited has stretched northward, hitting resistances around 25.

A bearish candlestick indication has formed across the moving averages’ trend lines. Above the 50-day EMA indication line, the 15-day EMA indicator is compressing slightly southerly. The stochastic oscillators have entered the oversold area with a sudden swerve to the south. This suggests that positions should be executed carefully at this time.

Learn from market wizards: Books to take your trading to the next

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.

Leave A Reply

 
Do you want to write for our Newspaper? Get in touch: newspaper@advfn.com