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by Americanbulls.com LLC
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Last Update
14/06/2019
MARKET STATUS REPORT, 14/06/2019
The market is BULLISH for the moment. The bulls are dominating the market. 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 bulls are very strong and the money is flowing in one direction only, into the market. You have to also know that the bulls are not very comfortable and they are closely watching the market for a timely exit.
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MOLI.BA (BUE)
 
 
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Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2107>BULLISH MEETING LINE</a>...MOLI.BA MOLINOS RIO DE LA PLATA Close : 43.8000 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 MOLI.BA declined after the SELL signal which was issued on 05/06/2019. Since then, the stock price edged down by a hefty 3.57%. The bearish sentiment may be over now. Our system detected a BULLISH MEETING LINE pattern which may be a sign of a market mood switching from bearish to bullish. This pattern deserves utmost attention because BUY orders must be placed immediately in case of a confirmation. The BULLISH MEETING LINE pattern, if confirmed, indicates an upside potential of 10.24%. The massive pullback 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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