Title
by Americanbulls.com LLC
Last Update
2021-01-27
0378.HK
FDG KINETIC
Last Signal: SELL
Last Pattern: BEARISH MEETING LINE
Last Close:
0.0280
Change:
-0.0010
Percent change
-3.45%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH MEETING LINE pattern finally received a confirmation because the prices crossed below the confirmation level which was at 0.0300, and our valid average selling price stands now at 0.0280. The previous BUY signal was issued on 2021-01-14, 13 days ago, when the stock price was 0.0300. Since then 0378.HK has fallen by -6.67%.
Market Outlook
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern occurs during an uptrend. The first day’s white candlestick is followed by a black candlestick that opens sharply higher and closes at the same level as the prior session’s close. It is similar to the Dark Cloud Cover pattern. However, the amount the second day drops is different. The Dark Cloud Cover’s second day closes below the midpoint of the first day’s body, while the second day the Bearish Meeting Line closes the same as the first day. Consequently, the Dark Cloud Cover is a more significant top reversal. Nonetheless, the Bearish Meeting Line should also be respected. more...
Signal History
Date 
Price 
Signal 
 
HKD100⇨ 
2021-01-270.0280SELL 30.66
2021-01-140.0300BUY 32.95
2020-12-310.0310SELL 33.05
2020-12-290.0450BUY 48.12
2020-12-220.0370SELL 48.26
2020-12-100.0430BUY 56.25
2020-12-010.0420SELL 56.42
2020-11-240.0740BUY 99.70
† Trade commissions are taken as 0.30%.
Date 
Price 
Signal 
 
HKD100⇨ 
2021-01-270.0280SELL 24.42
2021-01-140.0300BUY 26.24
2020-12-310.0310SELL 26.32
2020-12-290.0450BUY 38.32
2020-12-220.0370SELL 38.44
2020-12-100.0430BUY 44.81
2020-12-010.0420SELL 44.94
2020-11-240.0740BUY 79.41
2020-04-030.0240QUIT 79.65
2020-04-010.0240QUIT 79.65
2020-03-260.0240QUIT 79.65
2020-03-190.0210QUIT 79.65
2020-03-040.0430SELL 79.65
2020-02-260.0480BUY 89.18
2020-02-170.0480SELL 89.45
2020-02-120.0520BUY 97.20
2020-02-060.0510SELL 97.49
2020-02-040.0520BUY 99.70
† Trade commissions are taken as 0.30%.
Date 
Price 
Signal 
 
HKD100⇨ 
2021-01-270.0280SELL 17.79
2021-01-140.0300BUY 19.12
2020-12-310.0310SELL 19.18
2020-12-290.0450BUY 27.93
2020-12-220.0370SELL 28.01
2020-12-100.0430BUY 32.65
2020-12-010.0420SELL 32.75
2020-11-240.0740BUY 57.87
2020-04-030.0240QUIT 58.04
2020-04-010.0240QUIT 58.04
2020-03-260.0240QUIT 58.04
2020-03-190.0210QUIT 58.04
2020-03-040.0430SELL 58.04
2020-02-260.0480BUY 64.98
2020-02-170.0480SELL 65.18
2020-02-120.0520BUY 70.82
2020-02-060.0510SELL 71.03
2020-02-040.0520BUY 72.64
2020-01-200.0640SELL 72.86
2020-01-080.0480BUY 54.81
2020-01-020.0490SELL 54.97
2019-12-130.0490BUY 55.14
2019-11-290.0390SELL 55.31
2019-11-190.0470BUY 66.86
2019-11-070.0490SELL 67.06
2019-10-160.0440BUY 60.40
2019-10-090.0380SELL 60.58
2019-09-260.0450BUY 71.95
2019-09-240.0430SELL 72.17
2019-09-190.0570BUY 95.96
2019-09-120.0410SELL 96.25
2019-09-100.0430BUY 101.25
2019-09-040.0410SELL 101.55
2019-08-080.0440BUY 109.31
2019-08-010.0510SELL 109.64
2019-07-290.0550BUY 118.59
2019-07-220.0600SELL 118.95
2019-07-110.0620BUY 123.28
2019-05-310.0960SELL 123.65
2019-05-280.1000BUY 129.19
2019-05-060.1100SELL 129.58
2019-04-290.1180BUY 139.42
2019-04-110.1360SELL 139.84
2019-04-010.1480BUY 152.64
2019-03-210.1615SELL 153.10
2019-02-250.1345BUY 127.89
2019-02-200.1355SELL 128.27
2019-02-040.1050BUY 99.70
† Trade commissions are taken as 0.30%.

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