Investors become rich, as Eurasia Mining (EUA) makes humongous gains

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Investors have been handsomely rewarded as Eurasia Mining stock (LSE:EUA) records unbelievable profits, since it broke maniacally upwards in October 2019.

The market was very flat and completely trendless, especially from June to October 2019, forming a base and frustrating investors.

However, there has been a massive bullish breakout, making huge returns for investors. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each EMAs is shown at top left side of the chart.

All the EMAs are sloping upwards and price is far above them. There may be retracements towards the EMA 10 or 20 but this massive bullishness is supposed to hold out for the longer-term.

The major trend on EUA is extremely bullish and the future looks very bright. The long-term target is the supply level at 10.00.

 

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