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by Americanbulls.com LLC
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Last Update
03/03/2021
MARKET STATUS REPORT, 03/03/2021
The market is BEARISH for the moment. The bears 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 bears are very strong and the money is flowing in one direction only, 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.
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The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2111>BULLISH ONE WHITE SOLDIER</a>...GOLDD.BA BARRICK GOLD CORP CEDEAR Close : 20.1000 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 GOLDD.BA declined after the SELL signal which was issued on 25/01/2021. Since then, the stock price edged down by a hefty 16.32%. The bearish sentiment may be over now. Our system detected a BULLISH ONE WHITE SOLDIER 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 ONE WHITE SOLDIER pattern, if confirmed, indicates an upside potential of -4.07%. 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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