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by Americanbulls.com LLC
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  • English
    v
Last Update
20.05.2019
MARKET STATUS REPORT, 20.05.2019
The market is moving SIDEWAYS for the moment. The bears have an upper hand, but the bulls are also not sleeping. On the other hand, we can say that there are considerable signs of unrest among the bulls. They may be seriously considering taking short positions, too. Currently, the bears are stronger and more money is flowing out of the market. You have to also know that the money invested in shares does not feel safe anymore. Investors are worried that they may go down with the market.
Recommended Shares
 
 
SELLS
 
SAVOS.ST (STOCKHOLM)
 
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Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=4201>BEARISH THREE GAP UPS</a>...SAVOS.ST SAVOSOLAR Close : 0.0995 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 how SAVOS.ST displayed a rally after the BUY signal which was issued on 10.05.2019. Since then, the gain in this stock stretched to a whopping 131.35%. We see, however, enough hints pointing to the fact that the conditions are now ripening for at least a market correction. Our system confirmed this emerging bearish mood by issuing a SELL signal. The BEARISH THREE GAP UPS pattern that led to this bearish signal indicates that there is a downside potential of 40.47%. The signal has just been issued, so it is not late to run to safety by selling this stock. It is still early to say if this is a decisive market top or merely a correction but it is evidently the right time to take the profits in order to prevent any disappointment in the future.
Watch Recommended Stocks
Recommendations 
Last EOD Update Results 
Date 
Symbol 
Signal 
Avg. Price 
Signal 
Pattern 
Last 
Change% 
20.05.2019 SELL0.1048SELL
4201
0.0995-5.06
17.05.2019
CE.ST  
BUY0.5350STAY LONG
2205
0.53500.00
08.05.2019 SELL77.5900STAY IN CASH
2101
59.9000-22.80

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