Title
by Americanbulls.com LLC
  • English
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Last Update
24/05/2018
MARKET STATUS REPORT, 24/05/2018
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. 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 waiting at the sidelines is not comfortable anymore. Sideliners are worried that they may be missing the bulls’ train.
Recommended Shares
 
BULLISH PATTERNS
 
BHIP.BA (BUE)
 
 
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Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=1101>BULLISH HAMMER</a>...BHIP.BA BANCO HIPOTECARIO D Close : 16.0000 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 BHIP.BA declined after the SELL signal which was issued on 22/05/2018. Since then, the stock price edged down by a hefty 10.86%. The bearish sentiment may be over now. Our system detected a BULLISH HAMMER 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 HAMMER pattern, if confirmed, indicates an upside potential of 22.25%. 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!
Watch Recommended Stocks
Recommendations 
Last EOD Update Results 
Date 
Symbol 
Signal 
Avg. Price 
Signal 
Pattern 
Last 
Change% 
21/05/2018 SELL58.3000STAY IN CASH
4101
50.0000-14.24
15/05/2018
VAL.BA  
BUY6.0300STAY LONG
0
6.3400+5.14

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