MARKET STATUS REPORT
Trend:
The market is BEARISH for the moment. The bears 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. In fact, there is not much appetite for confirming bearish patterns.
Money Flow:
Currently, the bears are stronger and more money is flowing out of the market. You also have to know that the money waiting at the sidelines is not comfortable anymore. Sideliners are worried that they may be missing the bulls’ train.
OVERBOUGHT/OVERSOLD STOCKS
The chart above shows how KODH.BA burst higher after the BUY signal that was issued on 11/07/2024. Since then, the stock price refused to ease back and recorded a whopping gain of 4%. Market’s upward beat, however, is in question now. Our system detected a BEARISH HARAMI CROSS 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. 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
Sold on
25/07/2024
 
BHIP.BA
 
Last Signal
STAY IN CASH
0
 
Sold at
399.22
Close
381.50
Gain%
-4.44
Sold on
25/07/2024
 
Last Signal
STAY IN CASH
2102
Buy Level
3770.00
Sold at
3791.37
Close
3735.00
Gain%
-1.49
Bought on
24/07/2024
 
BIOX.BA
 
Last Signal
STAY LONG
70000
Sell Level
14725.0
Bought at
14900.0
Close
14575.0
Loss%
-2.18
Sold on
24/07/2024
 
COIN.BA
 
Last Signal
STAY IN CASH
0
 
Sold at
12446.2
Close
11875.0
Gain%
-4.59
Sold on
24/07/2024
 
Last Signal
STAY IN CASH
2102
Buy Level
14.85
Sold at
14.88
Close
14.55
Gain%
-2.22
Bought on
23/07/2024
 
WBA.BA
 
Last Signal
STAY LONG
0
 
Bought at
5000.00
Close
5130.00
Gain%
2.60
Bought on
22/07/2024
 
Last Signal
STAY LONG
70000
Sell Level
15.10
Bought at
15.89
Close
13.85
Loss%
-12.84
Sold on
22/07/2024
 
VZ.BA
 
Last Signal
STAY SHORT
2106
Buy Level
13200.0
Sold at
13573.0
Close
13150.0
Gain%
-3.12
Bought on
19/07/2024
 
Last Signal
SHORT
70000
Sell Level
3990.00
Bought at
4090.00
Close
3795.00
Loss%
-7.21
Bought on
19/07/2024
 
TRAN.BA
 
Last Signal
SHORT
70000
Sell Level
1550.00
Bought at
1640.54
Close
1490.00
Loss%
-9.18
Sold on
18/07/2024
 
XLF.BA
 
Last Signal
STAY SHORT
2102
Buy Level
28900.0
Sold at
29036.3
Close
28350.0
Gain%
-2.36
Sold on
17/07/2024
 
GLOB.BA
 
Last Signal
STAY IN CASH
0
 
Sold at
14225.0
Close
13875.0
Gain%
-2.46
Sold on
17/07/2024
 
JMIA.BA
 
Last Signal
BUY
2105
Buy Level
16500.0
Sold at
16649.5
Close
17450.0
Loss%
4.81
Sold on
16/07/2024
 
AAPL.BA
 
Last Signal
STAY SHORT
2107
Buy Level
14600.0
Sold at
15379.4
Close
14275.0
Gain%
-7.18
Sold on
16/07/2024
 
SPY.BA
 
Last Signal
STAY IN CASH
60000
Buy Level
37039.5
Sold at
36525.0
Close
35750.0
Gain%
-2.12
Sold on
12/07/2024
 
METR.BA
 
Last Signal
STAY IN CASH
2109
Buy Level
927.00
Sold at
1176.17
Close
914.00
Gain%
-22.29
Sold on
10/07/2024
 
F.BA
 
Last Signal
STAY IN CASH
60000
Buy Level
19000.0
Sold at
17875.0
Close
14800.0
Gain%
-17.20
Sold on
08/07/2024
 
AMZN.BA
 
Last Signal
STAY IN CASH
2106
Buy Level
1685.00
Sold at
1934.14
Close
1670.00
Gain%
-13.66
Sold on
05/07/2024
 
Last Signal
STAY IN CASH
2103
Buy Level
4590.00
Sold at
4624.08
Close
3765.00
Gain%
-18.58
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