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by Americanbulls.com LLC
  • English
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Last Update
15.10.2021
MARKET STATUS REPORT, 15.10.2021
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 bulls are very strong and the money is flowing in one direction only, into the market. 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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Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2108>BULLISH HOMING PIGEON</a>...PEXIP.OL PEXIP HOLDING Close : 47.2200 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 PEXIP.OL took a negative turn after the SHORT signal which was issued on 28.09.2021. Since then, the stock price fell down by 37.01%. There are by now decisive hints casting doubts about the continuation of the downbeat mood. Our system detected a BULLISH HOMING PIGEON 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 HOMING PIGEON pattern, if confirmed, indicates an upside potential of 3.49%. 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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