The chart above shows how
SQM-B declined after the
SELL signal which was issued on 14/01/2021. Since then, the stock price edged down by a hefty 6.73%. The bearish sentiment may be over now. Our system detected a
BULLISH HARAMI 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
BULLISH HARAMI pattern, if confirmed, indicates an upside potential of 4.88%. 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!