Title
by Americanbulls.com LLC
Last Update
12.04.2021
NOL.OL
NORTHERN OCEAN
Last Signal: SELL
Last Pattern: BEARISH THREE GAP UPS
Last Close:
12.5000
Change:
-0.2000
Percent change
-1.57%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH THREE GAP UPS pattern finally received a confirmation because the prices crossed below the confirmation level which was at 12.6500, and our valid average selling price stands now at 12.5200. The previous BUY signal was issued on 06.04.2021, 6 days ago, when the stock price was 11.6100. Since then NOL.OL has risen by +7.84%.
Market Outlook
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is a four day bearish reversal pattern. It consists of three consecutive days each gapping higher on the open. After Three Gap Ups the market becomes extremely overbought and ready for the reversal of the current uptrend. more...
Signal History
Date 
Price 
Signal 
 
NOK100⇨ 
12.04.202112.5200SELL 345.47
06.04.202111.6100BUY 320.84
10.03.202115.3000SHORT 259.27
22.02.202113.9000BUY 236.25
18.02.202113.9200SELL 236.60
02.02.202110.9400BUY 186.23
29.01.202110.6000SHORT 192.98
16.12.202010.5000BUY 191.73
10.12.202010.2600SELL 192.02
04.12.20208.6800BUY 162.69
01.12.20208.4000SELL 162.93
09.11.20205.1400BUY 99.85
† Trade commissions are taken as 0.15%.
Date 
Price 
Signal 
 
NOK100⇨ 
12.04.202112.5200SELL 810.33
06.04.202111.6100BUY 752.56
10.03.202115.3000SHORT 608.15
22.02.202113.9000BUY 554.16
18.02.202113.9200SELL 554.99
02.02.202110.9400BUY 436.83
29.01.202110.6000SHORT 452.66
16.12.202010.5000BUY 449.74
10.12.202010.2600SELL 450.42
04.12.20208.6800BUY 381.63
01.12.20208.4000SELL 382.20
09.11.20205.1400BUY 234.22
12.10.20206.3400SELL 234.57
07.10.20206.3500BUY 235.29
02.10.20206.0200SELL 235.64
30.09.20206.2700BUY 245.79
21.09.20206.5150SHORT 237.59
15.09.20206.0600BUY 221.66
17.08.20207.3700SELL 221.99
03.08.20206.2850BUY 189.59
30.07.20206.2150SELL 189.87
14.07.20205.2500BUY 160.63
25.06.20206.3860SHORT 136.78
19.06.20206.7300BUY 144.58
10.06.20208.3160SELL 144.80
05.06.20206.1985BUY 108.09
29.05.20207.2200SELL 108.25
23.04.20206.6500BUY 99.85
† Trade commissions are taken as 0.15%.
Date 
Price 
Signal 
 
NOK100⇨ 
12.04.202112.5200SELL 810.33
06.04.202111.6100BUY 752.56
10.03.202115.3000SHORT 608.15
22.02.202113.9000BUY 554.16
18.02.202113.9200SELL 554.99
02.02.202110.9400BUY 436.83
29.01.202110.6000SHORT 452.66
16.12.202010.5000BUY 449.74
10.12.202010.2600SELL 450.42
04.12.20208.6800BUY 381.63
01.12.20208.4000SELL 382.20
09.11.20205.1400BUY 234.22
12.10.20206.3400SELL 234.57
07.10.20206.3500BUY 235.29
02.10.20206.0200SELL 235.64
30.09.20206.2700BUY 245.79
21.09.20206.5150SHORT 237.59
15.09.20206.0600BUY 221.66
17.08.20207.3700SELL 221.99
03.08.20206.2850BUY 189.59
30.07.20206.2150SELL 189.87
14.07.20205.2500BUY 160.63
25.06.20206.3860SHORT 136.78
19.06.20206.7300BUY 144.58
10.06.20208.3160SELL 144.80
05.06.20206.1985BUY 108.09
29.05.20207.2200SELL 108.25
23.04.20206.6500BUY 99.85
† Trade commissions are taken as 0.15%.

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