Title
by Americanbulls.com LLC
  • English
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Last Update
2017-10-23
MARKET STATUS REPORT, 2017-10-23
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 bulls are stronger and more money is flowing into the market. 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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BULLISH PATTERNS
 
3708.HK (HKEX)
 
 
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Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2101>BULLISH ENGULFING</a>...3708.HK 日成控股 Close : 2.7600 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 3708.HK declined after the SELL signal which was issued on 2017-09-04. Since then, the stock price edged down by a hefty 27.94%. The bearish sentiment may be over now. Our system detected a BULLISH ENGULFING 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 ENGULFING pattern, if confirmed, indicates an upside potential of 18.81%. 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% 
2017-10-18
0136.HK  
SELL0.4150BUY
2102
0.4400+6.02
2017-10-17
1046.HK  
SELL0.8750STAY IN CASH
2102
0.7700-12.00
2017-10-17
3326.HK  
BUY3.8600STAY LONG
2202
4.4400+15.03

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