Title
by Americanbulls.com LLC
  • English
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Last Update
21.01.2019
MARKET STATUS REPORT, 21.01.2019
The market is BULLISH for the moment. The bulls are dominating the market. 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 bears are not very comfortable and they are closely watching the market for a timely entry.
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WRE-ME.OL (OSE)
 
 
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The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2102>BULLISH HARAMI</a>...WRE-ME.OL WR ENTERTAINMENT Close : 0.0555 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 WRE-ME.OL took a negative turn after the SHORT signal which was issued on 11.01.2019. Since then, the stock price fell down by 19.57%. 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 25.00%. 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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