Title
by Americanbulls.com LLC
Last Update
31.03.2023
OBMG
OBX BASIC MATERIALS GR
Last Signal: STAY LONG
Last Pattern: BEARISH THREE GAP UPS
Last Close:
1,178.3100
Change:
-1.3400
Percent change
-0.11%
Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 21.03.2023, 10 days ago, when the index value was 1,139.6400. Since then OBMG has risen by +3.39%.
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. 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⇨ 
21.03.20231,139.6400BUY 114.69
07.03.20231,234.9200SELL 114.86
01.03.20231,218.2400BUY 113.48
13.02.20231,200.6300SELL 113.65
03.02.20231,199.7500BUY 113.74
31.01.20231,176.6300SELL 113.91
06.01.20231,114.7600BUY 108.08
03.01.20231,106.9750SELL 108.24
29.12.20221,115.4700BUY 109.23
14.12.20221,115.6900SHORT 109.54
09.12.20221,130.2450BUY 111.30
07.12.20221,132.8500SHORT 111.38
05.12.20221,126.3600BUY 111.07
28.11.20221,134.5600SELL 111.24
22.11.20221,116.7800BUY 109.66
17.11.20221,111.7400SHORT 110.49
08.11.20221,105.7900BUY 110.23
02.11.20221,078.4800SELL 110.40
18.10.2022998.4100BUY 102.36
11.10.2022976.1600SELL 102.51
30.09.2022949.4150BUY 99.85
† Trade commissions are taken as 0.15%.
Date 
Price 
Signal 
 
NOK100⇨ 
21.03.20231,139.6400BUY 159.13
07.03.20231,234.9200SELL 159.37
01.03.20231,218.2400BUY 157.45
13.02.20231,200.6300SELL 157.69
03.02.20231,199.7500BUY 157.81
31.01.20231,176.6300SELL 158.05
06.01.20231,114.7600BUY 149.96
03.01.20231,106.9750SELL 150.19
29.12.20221,115.4700BUY 151.57
14.12.20221,115.6900SHORT 152.00
09.12.20221,130.2450BUY 154.45
07.12.20221,132.8500SHORT 154.56
05.12.20221,126.3600BUY 154.14
28.11.20221,134.5600SELL 154.37
22.11.20221,116.7800BUY 152.18
17.11.20221,111.7400SHORT 153.33
08.11.20221,105.7900BUY 152.97
02.11.20221,078.4800SELL 153.20
18.10.2022998.4100BUY 142.04
11.10.2022976.1600SELL 142.25
30.09.2022949.4150BUY 138.56
16.09.20221,034.1900SHORT 128.45
09.09.20221,012.4200BUY 126.12
05.09.20221,037.7800SHORT 123.48
25.08.20221,077.7400BUY 128.62
22.08.20221,062.6800SELL 128.81
08.08.20221,047.0700BUY 127.11
03.08.20221,030.0900SELL 127.30
15.07.2022932.1400BUY 115.37
30.06.20221,002.5200SHORT 108.13
27.06.20221,003.0100BUY 108.51
16.06.20221,064.1300SHORT 102.92
14.06.20221,076.0400BUY 104.38
09.06.20221,166.7600SELL 104.54
16.05.20221,107.1600BUY 99.35
06.05.20221,111.9900SHORT 99.22
27.04.20221,123.5300BUY 100.55
22.04.20221,164.9600SHORT 97.39
13.04.20221,188.6900BUY 99.67
07.04.20221,165.1800SELL 99.82
04.04.20221,163.8000BUY 99.85
† Trade commissions are taken as 0.15%.
Date 
Price 
Signal 
 
NOK100⇨ 
21.03.20231,139.6400BUY 184.98
07.03.20231,234.9200SELL 185.26
01.03.20231,218.2400BUY 183.03
13.02.20231,200.6300SELL 183.30
03.02.20231,199.7500BUY 183.44
31.01.20231,176.6300SELL 183.72
06.01.20231,114.7600BUY 174.32
03.01.20231,106.9750SELL 174.58
29.12.20221,115.4700BUY 176.18
14.12.20221,115.6900SHORT 176.67
09.12.20221,130.2450BUY 179.51
07.12.20221,132.8500SHORT 179.64
05.12.20221,126.3600BUY 179.15
28.11.20221,134.5600SELL 179.42
22.11.20221,116.7800BUY 176.87
17.11.20221,111.7400SHORT 178.21
08.11.20221,105.7900BUY 177.79
02.11.20221,078.4800SELL 178.06
18.10.2022998.4100BUY 165.09
11.10.2022976.1600SELL 165.34
30.09.2022949.4150BUY 161.05
16.09.20221,034.1900SHORT 149.30
09.09.20221,012.4200BUY 146.60
05.09.20221,037.7800SHORT 143.53
25.08.20221,077.7400BUY 149.51
22.08.20221,062.6800SELL 149.73
08.08.20221,047.0700BUY 147.75
03.08.20221,030.0900SELL 147.97
15.07.2022932.1400BUY 134.10
30.06.20221,002.5200SHORT 125.68
27.06.20221,003.0100BUY 126.12
16.06.20221,064.1300SHORT 119.63
14.06.20221,076.0400BUY 121.33
09.06.20221,166.7600SELL 121.51
16.05.20221,107.1600BUY 115.48
06.05.20221,111.9900SHORT 115.33
27.04.20221,123.5300BUY 116.88
22.04.20221,164.9600SHORT 113.21
13.04.20221,188.6900BUY 115.86
07.04.20221,165.1800SELL 116.03
04.04.20221,163.8000BUY 116.07
25.03.20221,171.0050SELL 116.24
17.03.20221,086.6700BUY 108.03
04.03.20221,152.1100SELL 108.19
24.02.20221,083.6650BUY 101.92
15.02.20221,070.0600SELL 102.07
02.02.20221,048.9500BUY 100.21
31.01.20221,031.0200SELL 100.36
26.01.20221,019.2950BUY 99.37
21.01.20221,062.3200SHORT 95.79
12.01.20221,035.0600BUY 93.61
10.01.20221,019.8100SELL 93.75
21.12.2021998.3400BUY 91.91
15.12.2021970.8900SELL 92.05
10.12.2021984.5100BUY 93.48
06.12.2021949.3700SHORT 97.37
01.12.2021968.1500BUY 99.59
26.11.2021971.6900SELL 99.74
11.11.2021988.1400BUY 101.58
05.11.2021978.6100SELL 101.73
01.11.2021975.2500BUY 101.53
21.10.2021981.7600SELL 101.68
11.10.2021978.5200BUY 101.50
06.10.2021988.0700SHORT 100.83
30.09.2021991.9700BUY 101.53
28.09.2021977.3450SELL 101.68
22.09.2021948.0100BUY 98.78
20.09.2021950.5800SHORT 98.81
15.09.2021978.1350BUY 101.98
07.09.2021970.5250SELL 102.13
24.08.2021947.9600BUY 99.91
17.08.2021959.0600SELL 100.06
10.08.2021939.6850BUY 98.19
03.08.2021952.2600SELL 98.34
21.07.2021934.5300BUY 96.65
19.07.2021921.8400SELL 96.80
13.07.2021932.6500BUY 98.08
08.07.2021912.5400SHORT 100.59
22.06.2021884.3300BUY 97.77
15.06.2021897.9300SELL 97.92
14.06.2021911.8000BUY 99.58
09.06.2021899.1200SELL 99.73
07.06.2021907.4200BUY 100.80
03.06.2021897.0350SELL 100.95
27.05.2021870.8750BUY 98.15
14.05.2021880.6200SELL 98.30
05.05.2021861.7100BUY 96.33
30.04.2021855.9800SHORT 97.27
26.04.2021869.8200BUY 99.14
20.04.2021874.9500SELL 99.29
14.04.2021859.5200BUY 97.69
07.04.2021859.2300SELL 97.84
31.03.2021875.5900BUY 99.85
† Trade commissions are taken as 0.15%.

Disclaimers:

Americanbulls.com LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, Americanbulls.com LLC relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. As such, Americanbulls.com LLC does not offer or provide personalized investment advice. This site and all others owned and operated by Americanbulls.com LLC are bona fide publications of general and regular circulation offering impersonal investment-related advice to member and /or prospective members.

Norskbulls.com is an independent website. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

Therefore, Norskbulls.com and Americanbulls.com LLC is exempt from the definition of “investment adviser” as provided under Section 202(a) (11) of the Investment Advisers Act of 1940 and corresponding state securities laws, and hence registration as such is not required. We are not a registered broker-dealer. Material provided by Americanbulls.com LLC is for informational purposes only, and that no mention of a particular security in any of our materials constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent that any of the information obtained from Americanbulls.com LLC may be deemed to be investment opinion, such information is impersonal and not tailored to the investment needs of any specific person. Americanbulls.com LLC does not promise, guarantee or imply verbally or in writing that any information provided through our websites, commentaries, or reports, in any printed material, or displayed on any of our websites, will result in a profit or loss.

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Norskbulls.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.

You agree that Norskbulls.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.