Hofseth BioCare
BUY
Close
1.8000
Prev.Close
1.5250
Change
+0.2750
Change%
+18.03%
Bought at
1.6100
Open
1.5900
High
1.8000
Low
1.5300
Close
1.8000
Gain%
+11.80%
Signal History
Pattern & Confirmation Chart for the Last 6 Months
Signal Update
Our system’s recommendation today is to BUY. The BULLISH DOJI STAR pattern finally received a confirmation because the prices crossed above the confirmation level which was at 1.5525, and our valid average buying price stands now at 1.6100. The previous SHORT signal was issued on 02.10.2024, 6 days ago, when the stock price was 1.6300. Since then HBC.OL has fallen by -1.23%.
Market Outlook
The bulls have strong evidence on their side and this evidence prompts us to make a bullish bet. Today’s candlestick has a white body and its close is above the confirmation level. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. It is probably the right time to be part of this boost and bullish market sentiment. The market is telling you about a new profit. Do not miss this chance.
Pattern Description
This pattern appears in a downtrend and warns that the trend will change. It consists of a black candlestick and a Doji with a downward gap at the opening. When the Doji is in the form of an Umbrella the pattern is called “Bullish Dragonfly Doji”, and in case of an Inverted Umbrella it is called “Bullish Gravestone Doji”. Here, all these patterns are subsumed, under the name: “Bullish Doji Star”, regardless of the shape of the Doji. more...
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