Title
by Americanbulls.com LLC
  • English
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Last Update
2020-02-26
MARKET STATUS REPORT, 2020-02-26
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 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=2101>BULLISH ENGULFING</a>...1137.HK 城市電訊(香港)有限公司 Close : 4.6200 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 1137.HK dropped after the SELL signal which was issued on 2020-02-12. Since then, the stock price edged down by a hefty 15.73%. This brutal bear move, however, may be over now. Our system verifies this change of mood by issuing a BUY signal. The BULLISH ENGULFING pattern that led to this bullish signal indicates that there is an upside potential of 9.44%. The signal has just been issued, so it is not late at all to throw the dice for a possible run-up. The overstretched correction seems to be over, at least for the moment. It may be the right time to join the bulls who started to show a reinstated enthusiasm for this stock.
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Last EOD Update Results 
Date 
Symbol 
Signal 
Avg. Price 
Signal 
Pattern 
Last 
Change% 
2020-02-26
1137.HK  
BUY4.5000BUY
2101
4.6200+2.67
2020-02-24
6881.HK  
SELL4.4800STAY IN CASH
0
4.3700-2.46
2020-02-20
8156.HK  
SELL0.3220STAY IN CASH
2101
0.2850-11.49
2020-02-19
0362.HK  
SELL0.5200STAY IN CASH
2109
0.4900-5.77

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