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

Trending Now


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

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

Shanta Gold Limited Price: SHG Steps Upward, Tending to Lose Momentum

Share On Facebook
share on Linkedin

The Shanta Gold Limited stock company (LSE:SHG) has been seen stepping upward through the higher point of 12, tending to lose momentum toward the resistance line of 13.

It should be mentioned that the SHG Ltd. stock is now heading in a favorable direction. However, the price has also been following the depressionary scenario that the stochastic oscillators predict in an overbought area. As a result, selling activities will probably begin as they are already being displayed shortly, particularly if bulls don’t push past the 13-restraining zone.

Resistance Levels: 13, 13.50, 14
Support Levels: 11.50, 11, 10.50

When the stock of SHG Ltd. moves above the EMAs, which indicator needs to be the most useful in determining excellent entries?
An overbought situation has been observed to indicate that shareholders may have to pull out some of the positions in profits ahead of any probable firm reversals, given that the Shanta Gold Limited price steps upward, tending to lose momentum probably soon.

It is confirmed that purchasing pressures have been strongly consolidating as they move toward the north side by the 15-day EMA indicator’s intercept of the 50-day EMA indicator. There has been a consolidation in the movements of the stochastic oscillators. It has been shown that between points 13 and 12, sellers should prepare to make a return.

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 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 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:

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

Support: 1-888-992-3836 |