Title
by Americanbulls.com LLC
  • English
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Last Update
07/08/2020
MARKET STATUS REPORT, 07/08/2020
The market is BULLISH for the moment. The bulls are dominating the market. On the other hand, we can say that there are considerable signs of unrest among the bears. They may be seriously considering taking long positions, too. Currently, the bulls are slightly stronger but the flow of money is rather balanced. You have to also know that the bears are not very comfortable and they are closely watching the market for a timely entry.
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Title
Title
Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2102>BULLISH HARAMI</a>...SMU SMU Close : 133.9200 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 SMU took a negative turn after the SHORT signal which was issued on 15/07/2020. Since then, the stock price fell down by 9.64%. There are by now decisive hints casting doubts about the continuation of the downbeat mood. Our system detected a BULLISH HARAMI pattern, which may be a sign of a market sentiment switching from bearish to bullish. This pattern deserves utmost attention, because the SHORT positions must immediately be covered and long positions must be taken, in case of a confirmation. The BULLISH HARAMI pattern, if confirmed, indicates an upside potential of 2.39%. It may turn out to be a good opportunity for bottom fishers, but patience first! Do not forget that confirmation is the prerequisite for any further move!
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04/08/2020
ENJOY  
BUY4.9120STAY LONG
0
5.0920+3.66

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