Title
by Americanbulls.com LLC
Last Update
01.12.2021
ELOP.OL
ELOP
Last Signal: STAY LONG
Last Pattern: BEARISH DARK CLOUD COVER
Last Close:
2.9700
Change:
+0.0850
Percent change
+2.95%
Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 25.11.2021, 6 days ago, when the stock price was 2.9600. Since then ELOP.OL has risen by +0.34%.
Market Outlook
The market is uncertain with a negative tilt. The traders seem to be in disagreement. The negative sentiment, however, is increasing as evident from the last bearish pattern. So, it is better to be on alert. SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop loss. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is a top reversal pattern with two candlesticks. A white candlestick appears on the first day while an uptrend is in progress. The second day opens at a new high, with a gap up and closes more than halfway into the prior white body, leading to the formation of a strong black candlestick. more...
Signal History
Date 
Price 
Signal 
 
NOK100⇨ 
25.11.20212.9600BUY 116.02
19.11.20212.9500SHORT 116.76
05.11.20213.1050BUY 123.26
04.10.20213.9700SHORT 101.51
28.09.20214.7519BUY 121.87
01.09.20215.6770SELL 122.05
18.08.20215.1534BUY 110.96
13.08.20214.9144SELL 111.13
26.07.20214.6510BUY 105.33
06.07.20215.0286SHORT 98.27
30.06.20215.1187BUY 100.33
16.06.20215.1678SHORT 99.68
10.06.20215.3701BUY 103.89
01.06.20215.6150SHORT 99.85
† Trade commissions are taken as 0.15%.
Date 
Price 
Signal 
 
NOK100⇨ 
25.11.20212.9600BUY 88.05
19.11.20212.9500SHORT 88.62
05.11.20213.1050BUY 93.56
04.10.20213.9700SHORT 77.05
28.09.20214.7519BUY 92.50
01.09.20215.6770SELL 92.64
18.08.20215.1534BUY 84.22
13.08.20214.9144SELL 84.35
26.07.20214.6510BUY 79.95
06.07.20215.0286SHORT 74.59
30.06.20215.1187BUY 76.15
16.06.20215.1678SHORT 75.66
10.06.20215.3701BUY 78.86
01.06.20215.6150SHORT 75.79
27.05.20215.8138BUY 78.71
10.05.20215.8237SHORT 78.81
27.04.20216.2113BUY 84.31
17.02.20217.2807SELL 84.44
12.02.20217.7219BUY 89.69
08.02.20216.9606SHORT 101.01
03.02.20217.0670BUY 102.86
20.01.20217.1355SHORT 102.19
12.01.20217.2150BUY 103.64
09.12.20208.7950SELL 103.80
03.12.20208.4473BUY 99.85
† Trade commissions are taken as 0.15%.
Date 
Price 
Signal 
 
NOK100⇨ 
25.11.20212.9600BUY 133.32
19.11.20212.9500SHORT 134.18
05.11.20213.1050BUY 141.66
04.10.20213.9700SHORT 116.67
28.09.20214.7519BUY 140.07
01.09.20215.6770SELL 140.28
18.08.20215.1534BUY 127.53
13.08.20214.9144SELL 127.72
26.07.20214.6510BUY 121.06
06.07.20215.0286SHORT 112.94
30.06.20215.1187BUY 115.31
16.06.20215.1678SHORT 114.57
10.06.20215.3701BUY 119.41
01.06.20215.6150SHORT 114.76
27.05.20215.8138BUY 119.18
10.05.20215.8237SHORT 119.34
27.04.20216.2113BUY 127.67
17.02.20217.2807SELL 127.86
12.02.20217.7219BUY 135.81
08.02.20216.9606SHORT 152.95
03.02.20217.0670BUY 155.76
20.01.20217.1355SHORT 154.74
12.01.20217.2150BUY 156.93
09.12.20208.7950SELL 157.17
03.12.20208.4473BUY 151.18
30.11.20208.1661SELL 151.41
13.11.20207.0754BUY 131.38
04.11.20206.8870SHORT 135.48
30.10.20205.7710BUY 113.87
12.10.20207.9194SELL 114.04
01.10.20206.9234BUY 99.85
† Trade commissions are taken as 0.15%.

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