Title
by Americanbulls.com LLC
Last Update
2019-07-16
1647.HK
GRANDSHORES
Last Signal: SELL
Last Pattern: BEARISH ENGULFING
Last Close:
0.5800
Change:
-0.0300
Percent change
-4.92%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH ENGULFING pattern finally received a confirmation because the prices crossed below the confirmation level which was at 0.6100, and our valid average selling price stands now at 0.5900. The previous BUY signal was issued on 2019-07-12, 4 days ago, when the stock price was 0.6300. Since then 1647.HK has fallen by -6.35%.
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 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...
Signal History
Date 
Price 
Signal 
 
HKD100⇨ 
2019-07-160.5900SELL 161.16
2019-07-120.6300BUY 172.60
2019-06-250.7200SELL 173.12
2019-06-200.7500BUY 180.88
2019-06-130.7800SELL 181.42
2019-06-110.8100BUY 188.96
2019-05-171.1600SELL 189.53
2019-05-141.1400BUY 186.82
2019-05-081.1900SELL 187.38
2019-05-031.2000BUY 189.52
2019-04-261.5800SELL 190.09
2019-04-241.6300BUY 196.70
2019-04-181.6600SELL 197.29
2019-04-020.9600BUY 114.44
2019-03-221.0100SELL 114.78
2019-03-201.1000BUY 125.38
2019-03-141.2200SELL 125.76
2019-03-121.2200BUY 126.14
2019-03-071.1800SELL 126.52
2019-03-010.8600BUY 92.49
2019-02-190.8400SELL 92.77
2019-02-080.9000BUY 99.70
† Trade commissions are taken as 0.30%.
Date 
Price 
Signal 
 
HKD100⇨ 
2019-07-160.5900SELL 184.41
2019-07-120.6300BUY 197.50
2019-06-250.7200SELL 198.09
2019-06-200.7500BUY 206.96
2019-06-130.7800SELL 207.58
2019-06-110.8100BUY 216.21
2019-05-171.1600SELL 216.86
2019-05-141.1400BUY 213.76
2019-05-081.1900SELL 214.40
2019-05-031.2000BUY 216.85
2019-04-261.5800SELL 217.50
2019-04-241.6300BUY 225.06
2019-04-181.6600SELL 225.74
2019-04-020.9600BUY 130.94
2019-03-221.0100SELL 131.33
2019-03-201.1000BUY 143.46
2019-03-141.2200SELL 143.89
2019-03-121.2200BUY 144.32
2019-03-071.1800SELL 144.75
2019-03-010.8600BUY 105.81
2019-02-190.8400SELL 106.13
2019-02-080.9000BUY 114.05
2018-12-061.0900SELL 114.39
2018-12-031.0000BUY 105.26
2018-11-280.9700SELL 105.58
2018-11-261.0100BUY 110.26
2018-11-061.2400SELL 110.59
2018-10-291.2100BUY 108.24
2018-10-151.4700SELL 108.57
2018-10-111.5900BUY 117.79
2018-10-021.6550SELL 118.14
2018-08-281.3200BUY 94.51
2018-07-311.4400SELL 94.79
2018-07-251.5100BUY 99.70
† Trade commissions are taken as 0.30%.
Date 
Price 
Signal 
 
HKD100⇨ 
2019-07-160.5900SELL 1,004.40
2019-07-120.6300BUY 1,075.72
2019-06-250.7200SELL 1,078.96
2019-06-200.7500BUY 1,127.30
2019-06-130.7800SELL 1,130.69
2019-06-110.8100BUY 1,177.71
2019-05-171.1600SELL 1,181.25
2019-05-141.1400BUY 1,164.38
2019-05-081.1900SELL 1,167.88
2019-05-031.2000BUY 1,181.24
2019-04-261.5800SELL 1,184.79
2019-04-241.6300BUY 1,225.96
2019-04-181.6600SELL 1,229.65
2019-04-020.9600BUY 713.26
2019-03-221.0100SELL 715.41
2019-03-201.1000BUY 781.50
2019-03-141.2200SELL 783.85
2019-03-121.2200BUY 786.21
2019-03-071.1800SELL 788.58
2019-03-010.8600BUY 576.46
2019-02-190.8400SELL 578.19
2019-02-080.9000BUY 621.35
2018-12-061.0900SELL 623.22
2018-12-031.0000BUY 573.48
2018-11-280.9700SELL 575.21
2018-11-261.0100BUY 600.73
2018-11-061.2400SELL 602.54
2018-10-291.2100BUY 589.73
2018-10-151.4700SELL 591.50
2018-10-111.5900BUY 641.71
2018-10-021.6550SELL 643.64
2018-08-281.3200BUY 514.90
2018-07-311.4400SELL 516.45
2018-07-251.5100BUY 543.19
2018-07-181.4900SELL 544.82
2018-06-201.6900BUY 619.81
2018-05-231.9250SELL 621.68
2018-05-172.0550BUY 665.66
2018-05-142.3100SELL 667.66
2018-04-250.8900BUY 258.01
2018-04-180.8200SELL 258.79
2018-04-100.7100BUY 224.75
2018-03-290.7000SELL 225.43
2018-03-140.7300BUY 235.80
2018-03-090.7000SELL 236.51
2018-02-140.5400BUY 183.00
2018-02-090.5200SELL 183.55
2018-01-300.4100BUY 145.16
2017-12-220.5050SELL 145.60
2017-12-080.4190BUY 121.17
2017-11-300.3950SELL 121.53
2017-11-230.3790BUY 116.96
2017-11-160.3500SELL 117.31
2017-11-020.4000BUY 134.47
2017-10-260.3760SELL 134.87
2017-10-200.3600BUY 129.52
2017-10-110.2995SELL 129.91
2017-09-220.2850BUY 123.99
2017-09-080.3200SELL 124.36
2017-08-210.2420BUY 94.33
2017-07-280.2570SELL 94.61
2017-07-210.2700BUY 99.70
† Trade commissions are taken as 0.30%.

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