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by Americanbulls.com LLC
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  • English
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Last Update
18.03.2019
MARKET STATUS REPORT, 18.03.2019
The market is BULLISH for the moment. The bulls are dominating the market. On the other hand, we cannot say that the bears are very happy, but they do not want to change their positions yet. Currently, the bulls are very strong and the money is flowing in one direction only, into the market. You have to also know that the bears are not very comfortable and they are closely watching the market for a timely entry.
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BEARISH PATTERNS
 
SAVOS.ST (STOCKHOLM)
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Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2202>BEARISH HARAMI</a>...SAVOS.ST SAVOSOLAR Close : 0.0932 chart showing Series 1 series, Series 2 series, Series 3 series, Series 4 series, Series 5 series, Series 6 series, Series 7 series, Series 8 series, Series 9 series.
The chart above shows the bullish rally of SAVOS.ST after the BUY signal which was issued on 13.03.2019. The stock price edged up with a decent gain of 66.43%. The bullish mood, however, may be over. Our system detected a BEARISH HARAMI pattern which may be a sign of a market sentiment switching from bullish to bearish. This pattern deserves utmost attention because STAY LONG positions must be opened immediately in case of a confirmation. The BEARISH HARAMI pattern, if confirmed, indicates a downside potential of 13.69%. The bullish reaction rally may be over, but patience is required at this point! Do not forget that confirmation is the prerequisite for any further move!
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Last EOD Update Results 
Date 
Symbol 
Signal 
Avg. Price 
Signal 
Pattern 
Last 
Change% 
12.03.2019
GOMX.ST  
BUY17.1000STAY LONG
2205
17.4000+1.75
07.03.2019
CE.ST  
SELL0.3780STAY IN CASH
2105
0.3265-13.62

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