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by Americanbulls.com LLC
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  • English
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Last Update
22.03.2019
MARKET STATUS REPORT, 22.03.2019
The market is BEARISH for the moment. The bears are dominating the market. On the other hand, we can say that there are considerable signs of unrest among the bulls. They may be seriously considering taking short positions, too. Currently, the bears are stronger and more money is flowing out of the market. You have to also know that the money invested in the shares is getting more and more impatient for an exit!
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SELLS
 
APCL.OL (OSE)
 
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Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2205>BEARISH DARK CLOUD COVER</a>...APCL.OL AFRICAN PETROLEUM CORPORATION Close : 1.1400 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 APCL.OL displayed a rally after the BUY signal which was issued on 19.03.2019. Since then, the gain in this stock stretched to a whopping 12.09%. We see, however, enough hints pointing to the fact that the conditions are now ripening for at least a market correction. Our system confirmed this emerging bearish mood by issuing a SELL signal. The BEARISH DARK CLOUD COVER pattern that led to this bearish signal indicates that there is a downside potential of 12.71%. The signal has just been issued, so it is not late to run to safety by selling this stock. It is still early to say if this is a decisive market top or merely a correction but it is evidently the right time to take the profits in order to prevent any disappointment in the future.
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Last EOD Update Results 
Date 
Symbol 
Signal 
Avg. Price 
Signal 
Pattern 
Last 
Change% 
22.03.2019
APCL.OL  
SELL1.1680SELL
2205
1.1400-2.40

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