1558.HK HONGKONG
YiChang HEC ChangJiang Pharmaceutical
STAY LONG
Close
6.5200
Prev.Close
6.6800
Change
-0.1600
Change%
-2.40%
BEARISH ENGULFING
Bought at
6.7400
Open
6.7500
High
6.7500
Low
6.4000
Close
6.5200
Loss%
-3.26%
Signal History
Pattern & Confirmation Chart for the Last 6 Months
Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 2023-05-22, 7 days ago, when the stock price was 6.7400. Since then 1558.HK has fallen by -3.26%.
Candlesticks warned us today to be on alert with a new bearish pattern. Market attention is now on the downside. Based on this pattern, in response to emerging market bearishness the system established new confirmation and stop loss levels. The signal tells us to STAY LONG, but the chance of a bearish confirmation that will change the signal to SELL is very high. The Delayed Intraday Module is ON. Given the risks involved, we strongly suggest you to follow price movements on an intraday basis.
This pattern is characterized by a large black body engulfing a preceding smaller white body, which appears during an uptrend. The black body does not necessarily engulf the shadows of the white body but totally engulfs the body itself. This is an important top reversal signal. more...
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