Title
by Americanbulls.com LLC
  • English
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Last Update
18.10.2021
MARKET STATUS REPORT, 18.10.2021
The market is BULLISH for the moment. The bulls are dominating the market. On the other hand, we cannot say that the bulls 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 money invested in the shares is getting more and more impatient for an exit!
Recommended Shares
 
 
 
BEARISH PATTERNS
 
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Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=4201>BEARISH THREE GAP UPS</a>...ELOS-B.ST ELOS MEDTECH Close : 318.0000 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 ELOS-B.ST burst higher after the BUY signal that was issued on 14.10.2021. Since then, the stock price refused to ease back and recorded a whopping gain of 25.09%. Market’s upward beat, however, is in question now. Our system detected a BEARISH THREE GAP UPS pattern which may be a sign of a market mood switching from bullish to bearish. This pattern deserves utmost attention, since its confirmation may well mean the end of heady sprint we witnessed so far. The BEARISH THREE GAP UPS pattern, if confirmed, indicates a downside potential of 13.11%. It is still early to tell if this is a market top or just a correction, but we are confident that this may be a unique opportunity to take profits. However, some patience is required at this point! Do not forget that confirmation is the prerequisite for saying goodbye to the bullish camp!
Watch Recommended Stocks
Recommendations 
Last EOD Update Results 
Date 
Symbol 
Signal 
Avg. Price 
Signal 
Pattern 
Last 
Change% 
15.10.2021 BUY0.3550STAY LONG
0
0.4440+25.07

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