Title
by Americanbulls.com LLC
Last Update
2020-12-02
1348.HK
QUALI-SMART
Last Signal: SELL
Last Pattern: BEARISH MATCHING HIGH
Last Close:
0.2800
Change:
-0.0300
Percent change
-9.68%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH MATCHING HIGH pattern finally received a confirmation because the prices crossed below the confirmation level which was at 0.3125, and our valid average selling price stands now at 0.3020. The previous BUY signal was issued on 2020-11-20, 12 days ago, when the stock price was 0.3200. Since then 1348.HK has fallen by -5.63%.
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 when two white days appear with equal closes in an uptrend. It indicates a top has been reached, even though the new high was tested and there was no follow through, which is indicative of a good resistance price. more...
Signal History
Date 
Price 
Signal 
 
HKD100⇨ 
2020-12-020.3020SELL 93.69
2020-11-200.3200BUY 99.57
2020-11-090.3250SELL 99.87
2020-10-120.3130BUY 96.47
2020-10-070.3100SELL 96.76
2020-09-250.3050BUY 95.49
2020-09-210.3295SELL 95.78
2020-09-100.3350BUY 97.67
2020-08-190.3400SELL 97.96
2020-08-050.3450BUY 99.70
† Trade commissions are taken as 0.30%.
Date 
Price 
Signal 
 
HKD100⇨ 
2020-12-020.3020SELL 133.90
2020-11-200.3200BUY 142.31
2020-11-090.3250SELL 142.74
2020-10-120.3130BUY 137.88
2020-10-070.3100SELL 138.29
2020-09-250.3050BUY 136.47
2020-09-210.3295SELL 136.88
2020-09-100.3350BUY 139.58
2020-08-190.3400SELL 140.00
2020-08-050.3450BUY 142.49
2020-05-180.3650SELL 142.92
2020-03-250.2630BUY 103.29
2020-02-210.3200SELL 103.60
2020-02-190.3300BUY 107.16
2020-02-120.3220SELL 107.48
2020-02-040.3300BUY 110.48
2020-01-030.3400SELL 110.81
2019-12-030.3050BUY 99.70
† Trade commissions are taken as 0.30%.
Date 
Price 
Signal 
 
HKD100⇨ 
2020-12-020.3020SELL 123.52
2020-11-200.3200BUY 131.28
2020-11-090.3250SELL 131.68
2020-10-120.3130BUY 127.20
2020-10-070.3100SELL 127.58
2020-09-250.3050BUY 125.90
2020-09-210.3295SELL 126.28
2020-09-100.3350BUY 128.77
2020-08-190.3400SELL 129.16
2020-08-050.3450BUY 131.45
2020-05-180.3650SELL 131.85
2020-03-250.2630BUY 95.29
2020-02-210.3200SELL 95.58
2020-02-190.3300BUY 98.86
2020-02-120.3220SELL 99.16
2020-02-040.3300BUY 101.93
2020-01-030.3400SELL 102.24
2019-12-030.3050BUY 91.99
2019-10-230.3300SELL 92.27
2019-10-140.3230BUY 90.58
2019-07-050.5200QUIT 90.85
2019-06-280.5400BUY 94.63
2019-06-260.5300SELL 94.91
2019-05-240.5200BUY 93.40
2019-04-250.5700SELL 93.68
2019-04-150.5700BUY 93.96
2019-04-010.6200SELL 94.24
2019-02-200.6500BUY 99.10
2019-01-230.6600SELL 99.40
2019-01-150.6600BUY 99.70
† Trade commissions are taken as 0.30%.

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