Quadrise Fuels International: Stock to Rise

PUBLISHED: 04 Sep 2013 @ 16:28 | Comments (0) | More info about Azeez Mustapha

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.

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