Title
by Americanbulls.com LLC
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Last Update
24/09/2020
MARKET STATUS REPORT, 24/09/2020
The market is EXTREMELY BEARISH for the moment. The bulls have totally disappeared. They must be hiding behind the woods, waiting for the right time for a counterattack! On the other hand, we can say that insurgence among the bears may be imminent. They may change their positions and start buying soon. Currently, the bears are very strong and the money is flowing in one direction only, out of the market. You have to also know that the money waiting at the sidelines is getting more and more impatient for an entry!
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Title
Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2102>BULLISH HARAMI</a>...CAP CAP Close : 6330.1000 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 CAP declined after the SELL signal which was issued on 16/09/2020. Since then, the stock price edged down by a hefty 14.15%. 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 10.07%. 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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