Title
by Americanbulls.com LLC
Last Update
2019-08-23
0981.HK
SMIC
Last Signal: SELL
Last Pattern: BEARISH THREE GAP UPS
Last Close:
8.9100
Change:
-0.0800
Percent change
-0.89%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH THREE GAP UPS pattern finally received a confirmation because the prices crossed below the confirmation level which was at 8.9750, and our valid average selling price stands now at 8.9150. The previous BUY signal was issued on 2019-08-20, 3 days ago, when the stock price was 8.6300. Since then 0981.HK has risen by +3.30%.
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 is a four day bearish reversal pattern. It consists of three consecutive days each gapping higher on the open. After Three Gap Ups the market becomes extremely overbought and ready for the reversal of the current uptrend. more...
Signal History
Date 
Price 
Signal 
 
HKD100⇨ 
2019-08-238.9150SELL 94.78
2019-08-208.6300BUY 92.03
2019-08-028.8950SELL 92.31
2019-07-168.4800BUY 88.27
2019-06-258.3900SELL 88.54
2019-06-208.6100BUY 91.13
2019-06-138.6400SELL 91.40
2019-06-118.9800BUY 95.28
2019-06-049.1200SELL 95.57
2019-05-309.3200BUY 97.96
2019-05-248.7400SELL 98.25
2019-05-158.2200BUY 92.68
2019-05-148.0000SELL 92.96
2019-04-308.2600BUY 96.27
2019-04-258.1600SELL 96.56
2019-04-178.0600BUY 95.66
2019-04-117.8200SELL 95.95
2019-03-287.8050BUY 96.05
2019-03-227.8600SELL 96.34
2019-03-118.1100BUY 99.70
† Trade commissions are taken as 0.30%.
Date 
Price 
Signal 
 
HKD100⇨ 
2019-08-238.9150SELL 103.69
2019-08-208.6300BUY 100.68
2019-08-028.8950SELL 100.98
2019-07-168.4800BUY 96.56
2019-06-258.3900SELL 96.85
2019-06-208.6100BUY 99.69
2019-06-138.6400SELL 99.99
2019-06-118.9800BUY 104.24
2019-06-049.1200SELL 104.55
2019-05-309.3200BUY 107.16
2019-05-248.7400SELL 107.48
2019-05-158.2200BUY 101.39
2019-05-148.0000SELL 101.70
2019-04-308.2600BUY 105.32
2019-04-258.1600SELL 105.64
2019-04-178.0600BUY 104.66
2019-04-117.8200SELL 104.97
2019-03-287.8050BUY 105.08
2019-03-227.8600SELL 105.40
2019-03-118.1100BUY 109.08
2019-03-078.1000SELL 109.41
2019-02-218.0400BUY 108.93
2019-02-158.0300SELL 109.26
2019-02-087.4400BUY 101.54
2019-01-287.3400SELL 101.85
2019-01-186.6400BUY 92.41
2019-01-146.4950SELL 92.69
2019-01-096.4300BUY 92.04
2019-01-036.5200SELL 92.32
2018-12-286.8700BUY 97.57
2018-12-207.2700SELL 97.86
2018-12-037.4200BUY 100.18
2018-11-297.1600SELL 100.48
2018-11-277.0700BUY 99.52
2018-11-236.9950SELL 99.82
2018-11-156.5500BUY 93.75
2018-11-067.0200SELL 94.03
2018-10-316.1900BUY 83.16
2018-10-256.0400SELL 83.41
2018-10-226.8000BUY 94.19
2018-09-218.5500SELL 94.47
2018-09-148.7100BUY 96.53
2018-09-059.0000SELL 96.82
2018-08-289.2400BUY 99.70
† Trade commissions are taken as 0.30%.
Date 
Price 
Signal 
 
HKD100⇨ 
2019-08-238.9150SELL 160.14
2019-08-208.6300BUY 155.49
2019-08-028.8950SELL 155.96
2019-07-168.4800BUY 149.13
2019-06-258.3900SELL 149.58
2019-06-208.6100BUY 153.96
2019-06-138.6400SELL 154.42
2019-06-118.9800BUY 160.98
2019-06-049.1200SELL 161.46
2019-05-309.3200BUY 165.50
2019-05-248.7400SELL 166.00
2019-05-158.2200BUY 156.59
2019-05-148.0000SELL 157.06
2019-04-308.2600BUY 162.65
2019-04-258.1600SELL 163.14
2019-04-178.0600BUY 161.63
2019-04-117.8200SELL 162.12
2019-03-287.8050BUY 162.30
2019-03-227.8600SELL 162.79
2019-03-118.1100BUY 168.47
2019-03-078.1000SELL 168.98
2019-02-218.0400BUY 168.23
2019-02-158.0300SELL 168.74
2019-02-087.4400BUY 156.81
2019-01-287.3400SELL 157.28
2019-01-186.6400BUY 142.71
2019-01-146.4950SELL 143.14
2019-01-096.4300BUY 142.13
2019-01-036.5200SELL 142.56
2018-12-286.8700BUY 150.67
2018-12-207.2700SELL 151.12
2018-12-037.4200BUY 154.70
2018-11-297.1600SELL 155.17
2018-11-277.0700BUY 153.68
2018-11-236.9950SELL 154.14
2018-11-156.5500BUY 144.77
2018-11-067.0200SELL 145.21
2018-10-316.1900BUY 128.43
2018-10-256.0400SELL 128.82
2018-10-226.8000BUY 145.47
2018-09-218.5500SELL 145.91
2018-09-148.7100BUY 149.09
2018-09-059.0000SELL 149.54
2018-08-289.2400BUY 153.99
2018-08-248.7600SELL 154.45
2018-08-218.8100BUY 155.80
2018-08-178.6200SELL 156.27
2018-08-089.2000BUY 167.29
2018-07-309.6600SELL 167.79
2018-07-259.8400BUY 171.43
2018-06-2710.9000SELL 171.95
2018-06-2111.0400BUY 174.68
2018-06-1511.3000SELL 175.21
2018-06-1210.7000BUY 166.41
2018-06-0810.3200SELL 166.91
2018-05-3110.2500BUY 166.28
2018-05-1610.6000SELL 166.78
2018-05-1410.7800BUY 170.12
2018-05-0910.2600SELL 170.63
2018-05-0310.1900BUY 169.98
2018-04-2410.3200SELL 170.49
2018-04-1910.7200BUY 177.63
2018-04-1210.0400SELL 178.16
2018-04-1010.2600BUY 182.61
2018-04-0410.2000SELL 183.16
2018-03-2610.3400BUY 186.23
2018-03-1311.2100SELL 186.79
2018-03-0810.9200BUY 182.51
2018-03-0510.4200SELL 183.06
2018-02-159.3600BUY 164.93
2018-01-0212.6900SELL 165.43
2017-12-1110.8200BUY 141.48
2017-12-0510.9700SELL 141.91
2017-12-0111.1600BUY 144.80
2017-11-2411.9400SELL 145.24
2017-11-2011.7000BUY 142.75
2017-11-1512.4400SELL 143.18
2017-11-1314.2700BUY 164.74
2017-11-0813.5300SELL 165.24
2017-10-068.9700BUY 109.88
2017-09-228.6800SELL 110.21
2017-09-148.1100BUY 103.28
2017-09-117.6700SELL 103.59
2017-08-317.3600BUY 99.70
† Trade commissions are taken as 0.30%.

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