Title
by Americanbulls.com LLC
  • English
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Last Update
2020-08-13
MARKET STATUS REPORT, 2020-08-13
The market is moving SIDEWAYS for the moment. The bears have an upper hand, but the bulls are also not sleeping. 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 slightly stronger and the flow of money is rather balanced. You have to also know that the bears are not very comfortable and they are closely watching the market for a timely entry.
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Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2102>BULLISH HARAMI</a>...8429.HK 冰雪集團 Close : 0.2500 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 8429.HK declined after the SELL signal which was issued on 2020-08-05. Since then, the stock price edged down by a hefty 77.00%. The bearish sentiment may be over now. Our system detected a BULLISH HARAMI 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 HARAMI pattern, if confirmed, indicates an upside potential of 19.30%. 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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Last EOD Update Results 
Date 
Symbol 
Signal 
Avg. Price 
Signal 
Pattern 
Last 
Change% 
2020-08-03
6820.HK  
BUY2.8200STAY LONG
2201
3.3400+18.44
2020-07-31
0038.HK  
SELL3.1200STAY IN CASH
5101
3.1000-0.64

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