Title
by Americanbulls.com LLC
  • English
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Last Update
22/06/2021
MARKET STATUS REPORT, 22/06/2021
The market is moving SIDEWAYS for the moment. The bears have an upper hand, but the bulls are also not sleeping. On the other hand, we cannot say that the bears are very happy, but they do not want to change their positions yet. Currently, the bulls are very strong and the money is flowing in one direction only, into the market. You have to also know that the bulls are not very comfortable and they are closely watching the market for a timely exit.
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The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2101>BULLISH ENGULFING</a>...HABITAT AFP HABITAT Close : 433.0500 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 HABITAT took a negative turn after the SHORT signal which was issued on 10/05/2021. Since then, the stock price fell down by 19.82%. There are by now decisive hints casting doubts about the continuation of the downbeat mood. Our system detected a BULLISH ENGULFING 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 ENGULFING pattern, if confirmed, indicates an upside potential of 4.84%. 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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