Title
by Americanbulls.com LLC
  • English
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Last Update
20.09.2019
MARKET STATUS REPORT, 20.09.2019
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 stronger and more money is flowing into the market. You have to also know that the bulls are not very comfortable and they are closely watching the market for a timely exit.
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The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=4201>BEARISH THREE GAP UPS</a>...THIN.OL THIN FILM ELECTRONICS Close : 0.1620 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 the bullish rally of THIN.OL after the BUY signal which was issued on 18.09.2019. The stock price edged up with a decent gain of 67.18%. The bullish mood, however, may be over. Our system detected a BEARISH THREE GAP UPS pattern which may be a sign of a market sentiment switching from bullish to bearish. This pattern deserves utmost attention because STAY LONG positions must be opened immediately in case of a confirmation. The BEARISH THREE GAP UPS pattern, if confirmed, indicates a downside potential of 14.57%. The bullish reaction rally 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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