Title
by Americanbulls.com LLC
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Last Update
24/03/2023
MARKET STATUS REPORT, 24/03/2023
The market is moving SIDEWAYS for the moment. The bulls have an upper hand, but the bears are also not sleeping. On the other hand, we cannot say that the bulls are very happy but they do not want to change their positions yet. Currently, the bears are slightly stronger and the flow of money is rather balanced. You have to also know that the money invested in shares does not feel safe anymore. Investors are worried that they may go down with the market.
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Title
Title
Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2101>BULLISH ENGULFING</a>...MASISA Masisa Close : 34.5900 chart showing Series 1 series, Series 2 series, Series 3 series, Series 4 series, Series 5 series, Series 6 series, Series 7 series, Series 8 series, Series 9 series.
The chart above shows how MASISA declined after the SELL signal which was issued on 10/03/2023. Since then, the stock price edged down by a hefty 15.91%. The bearish sentiment may be over now. Our system detected a BULLISH ENGULFING pattern which may be a sign of a market mood switching from bearish to bullish. This pattern deserves utmost attention because BUY orders must be placed immediately in case of a confirmation. The massive pullback may be over, but patience is required at this point! Do not forget that confirmation is the prerequisite for any further move!
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