Title
by Americanbulls.com LLC
Last Update
2020-07-09
0338.HK
SHANGHAI PECHEM H
Last Signal: STAY LONG
Last Pattern: BEARISH DARK CLOUD COVER
Last Close:
2.0500
Change:
-0.0300
Percent change
-1.44%
Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 2020-07-02, 7 days ago, when the stock price was 1.8800. Since then 0338.HK has risen by +9.04%.
Market Outlook
Candlesticks warned us today to be on alert with a new bearish pattern. Market attention is now on the downside. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is a top reversal pattern with two candlesticks. A white candlestick appears on the first day while an uptrend is in progress. The second day opens at a new high, with a gap up and closes more than halfway into the prior white body, leading to the formation of a strong black candlestick. more...
Signal History
Date 
Price 
Signal 
 
HKD100⇨ 
2020-07-021.8800BUY 96.36
2020-06-261.9000SELL 96.65
2020-06-182.0400BUY 104.08
2020-06-112.0700SELL 104.39
2020-06-011.9400BUY 98.13
2020-05-222.0100SELL 98.43
2020-05-202.0700BUY 101.67
2020-05-122.0600SELL 101.98
2020-05-082.0300BUY 100.80
2020-04-292.1400SELL 101.10
2020-04-091.9900BUY 94.30
2020-04-061.9000SELL 94.58
2020-03-251.8100BUY 90.37
2020-03-171.9500SELL 90.64
2020-03-092.0500BUY 95.57
2020-03-052.0200SELL 95.86
2020-03-022.0500BUY 97.58
2020-02-242.0800SELL 97.87
2020-02-202.1100BUY 99.58
2020-02-142.0900SELL 99.88
2020-02-122.0800BUY 99.70
† Trade commissions are taken as 0.30%.
Date 
Price 
Signal 
 
HKD100⇨ 
2020-07-021.8800BUY 94.01
2020-06-261.9000SELL 94.29
2020-06-182.0400BUY 101.54
2020-06-112.0700SELL 101.85
2020-06-011.9400BUY 95.74
2020-05-222.0100SELL 96.03
2020-05-202.0700BUY 99.19
2020-05-122.0600SELL 99.49
2020-05-082.0300BUY 98.34
2020-04-292.1400SELL 98.64
2020-04-091.9900BUY 92.00
2020-04-061.9000SELL 92.28
2020-03-251.8100BUY 88.17
2020-03-171.9500SELL 88.44
2020-03-092.0500BUY 93.26
2020-03-052.0200SELL 93.54
2020-03-022.0500BUY 95.21
2020-02-242.0800SELL 95.50
2020-02-202.1100BUY 97.17
2020-02-142.0900SELL 97.46
2020-02-122.0800BUY 97.29
2020-01-212.2800SELL 97.58
2019-12-302.3000BUY 98.73
2019-12-202.2600SELL 99.03
2019-11-272.2100BUY 97.13
2019-11-212.1200SELL 97.42
2019-11-192.1350BUY 98.40
2019-11-112.2600SELL 98.70
2019-11-042.2200BUY 97.24
2019-10-312.2000SELL 97.53
2019-10-112.2500BUY 100.05
2019-10-042.2700SELL 100.35
2019-10-022.2900BUY 101.54
2019-09-192.3400SELL 101.85
2019-09-042.2700BUY 99.10
2019-08-222.4300SELL 99.40
2019-08-202.4300BUY 99.70
† Trade commissions are taken as 0.30%.
Date 
Price 
Signal 
 
HKD100⇨ 
2020-07-021.8800BUY 74.87
2020-06-261.9000SELL 75.10
2020-06-182.0400BUY 80.88
2020-06-112.0700SELL 81.12
2020-06-011.9400BUY 76.25
2020-05-222.0100SELL 76.48
2020-05-202.0700BUY 79.00
2020-05-122.0600SELL 79.24
2020-05-082.0300BUY 78.32
2020-04-292.1400SELL 78.56
2020-04-091.9900BUY 73.27
2020-04-061.9000SELL 73.49
2020-03-251.8100BUY 70.22
2020-03-171.9500SELL 70.43
2020-03-092.0500BUY 74.26
2020-03-052.0200SELL 74.48
2020-03-022.0500BUY 75.81
2020-02-242.0800SELL 76.04
2020-02-202.1100BUY 77.37
2020-02-142.0900SELL 77.60
2020-02-122.0800BUY 77.46
2020-01-212.2800SELL 77.69
2019-12-302.3000BUY 78.61
2019-12-202.2600SELL 78.85
2019-11-272.2100BUY 77.34
2019-11-212.1200SELL 77.57
2019-11-192.1350BUY 78.35
2019-11-112.2600SELL 78.59
2019-11-042.2200BUY 77.43
2019-10-312.2000SELL 77.66
2019-10-112.2500BUY 79.66
2019-10-042.2700SELL 79.90
2019-10-022.2900BUY 80.85
2019-09-192.3400SELL 81.09
2019-09-042.2700BUY 78.90
2019-08-222.4300SELL 79.14
2019-08-202.4300BUY 79.38
2019-07-083.0200SELL 79.62
2019-06-273.1000BUY 81.97
2019-06-253.0800SELL 82.22
2019-06-193.3900BUY 90.77
2019-06-123.3400SELL 91.04
2019-06-103.3700BUY 92.13
2019-06-043.3300SELL 92.41
2019-05-153.4900BUY 97.14
2019-04-153.8100SELL 97.43
2019-04-033.9800BUY 102.08
2019-03-253.9100SELL 102.39
2019-03-194.0400BUY 106.11
2019-03-084.0850SELL 106.43
2019-01-163.5650BUY 93.16
2019-01-143.5200SELL 93.44
2019-01-023.4600BUY 92.12
2018-12-103.4900SELL 92.40
2018-11-283.5500BUY 94.27
2018-11-233.5400SELL 94.55
2018-11-143.5700BUY 95.64
2018-11-093.5500SELL 95.93
2018-11-023.6100BUY 97.84
2018-10-263.5900SELL 98.13
2018-10-223.7600BUY 103.09
2018-10-044.6400SELL 103.40
2018-09-134.3650BUY 97.56
2018-08-234.5500SELL 97.85
2018-08-214.4800BUY 96.63
2018-08-134.6400SELL 96.92
2018-08-084.7500BUY 99.52
2018-07-234.7900SELL 99.82
2018-07-134.7700BUY 99.70
† Trade commissions are taken as 0.30%.

Disclaimers:

Americanbulls.com LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, Americanbulls.com LLC relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. As such, Americanbulls.com LLC does not offer or provide personalized investment advice. This site and all others owned and operated by Americanbulls.com LLC are bona fide publications of general and regular circulation offering impersonal investment-related advice to member and /or prospective members.

Hongkongbulls.com is an independent website. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

Therefore, Hongkongbulls.com and Americanbulls.com LLC is exempt from the definition of “investment adviser” as provided under Section 202(a) (11) of the Investment Advisers Act of 1940 and corresponding state securities laws, and hence registration as such is not required. We are not a registered broker-dealer. Material provided by Americanbulls.com LLC is for informational purposes only, and that no mention of a particular security in any of our materials constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent that any of the information obtained from Americanbulls.com LLC may be deemed to be investment opinion, such information is impersonal and not tailored to the investment needs of any specific person. Americanbulls.com LLC does not promise, guarantee or imply verbally or in writing that any information provided through our websites, commentaries, or reports, in any printed material, or displayed on any of our websites, will result in a profit or loss.

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Hongkongbulls.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.

You agree that Hongkongbulls.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.