Title
by Americanbulls.com LLC
Last Update
31.03.2023
OTELN
OBX TELECOMMUNICATIONS NR
Last Signal: STAY LONG
Last Pattern: BEARISH ENGULFING
Last Close:
87.3300
Change:
+0.0300
Percent change
+0.03%
Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 17.03.2023, 14 days ago, when the index value was 85.8250. Since then OTELN has risen by +1.75%.
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 pattern is characterized by a large black body engulfing a preceding smaller white body, which appears during an uptrend. The black body does not necessarily engulf the shadows of the white body but totally engulfs the body itself. This is an important top reversal signal. more...
Signal History
Date 
Price 
Signal 
 
NOK100⇨ 
17.03.202385.8250BUY 141.72
08.03.202385.8700SELL 141.93
27.01.202374.4600BUY 123.26
18.01.202373.2100SELL 123.45
23.12.202264.1100BUY 108.27
28.11.202271.3500SELL 108.43
22.11.202270.8200BUY 107.79
16.11.202269.5700SELL 107.95
08.11.202267.3100BUY 104.60
02.11.202267.5300SELL 104.76
28.10.202264.6400BUY 100.43
21.10.202266.7900SHORT 97.59
18.10.202268.1300BUY 99.85
† Trade commissions are taken as 0.15%.
Date 
Price 
Signal 
 
NOK100⇨ 
17.03.202385.8250BUY 158.45
08.03.202385.8700SELL 158.69
27.01.202374.4600BUY 137.81
18.01.202373.2100SELL 138.02
23.12.202264.1100BUY 121.05
28.11.202271.3500SELL 121.23
22.11.202270.8200BUY 120.51
16.11.202269.5700SELL 120.69
08.11.202267.3100BUY 116.94
02.11.202267.5300SELL 117.12
28.10.202264.6400BUY 112.28
21.10.202266.7900SHORT 109.11
18.10.202268.1300BUY 111.63
29.09.202271.8700SHORT 106.43
21.09.202271.0900BUY 105.59
14.09.202272.7700SHORT 103.52
12.09.202273.4100BUY 104.74
23.08.202277.9200SHORT 99.31
17.08.202278.9000BUY 100.86
10.08.202279.1900SHORT 100.79
05.08.202279.6900BUY 101.73
02.08.202280.1700SHORT 101.43
29.07.202280.6600BUY 102.36
06.07.202291.4100SELL 102.51
04.07.202292.5000BUY 103.89
30.06.202291.5000SELL 104.05
09.06.202288.3100BUY 100.57
30.05.202288.9300SELL 100.72
12.05.202286.3700BUY 97.97
06.05.202287.2900SELL 98.12
27.04.202288.7000BUY 99.85
† Trade commissions are taken as 0.15%.
Date 
Price 
Signal 
 
NOK100⇨ 
17.03.202385.8250BUY 161.48
08.03.202385.8700SELL 161.72
27.01.202374.4600BUY 140.44
18.01.202373.2100SELL 140.65
23.12.202264.1100BUY 123.35
28.11.202271.3500SELL 123.54
22.11.202270.8200BUY 122.81
16.11.202269.5700SELL 122.99
08.11.202267.3100BUY 119.17
02.11.202267.5300SELL 119.35
28.10.202264.6400BUY 114.41
21.10.202266.7900SHORT 111.18
18.10.202268.1300BUY 113.75
29.09.202271.8700SHORT 108.45
21.09.202271.0900BUY 107.60
14.09.202272.7700SHORT 105.49
12.09.202273.4100BUY 106.74
23.08.202277.9200SHORT 101.20
17.08.202278.9000BUY 102.78
10.08.202279.1900SHORT 102.71
05.08.202279.6900BUY 103.67
02.08.202280.1700SHORT 103.36
29.07.202280.6600BUY 104.30
06.07.202291.4100SELL 104.46
04.07.202292.5000BUY 105.86
30.06.202291.5000SELL 106.02
09.06.202288.3100BUY 102.48
30.05.202288.9300SELL 102.63
12.05.202286.3700BUY 99.83
06.05.202287.2900SELL 99.98
27.04.202288.7000BUY 101.75
22.04.202287.2900SELL 101.90
28.03.202286.1250BUY 100.69
18.03.202286.9300SELL 100.84
09.03.202286.1300BUY 100.06
04.03.202286.8400SHORT 99.55
02.03.202288.0350BUY 101.22
14.02.202292.8050SHORT 96.56
09.02.202293.4200BUY 97.49
02.02.202294.2700SELL 97.64
26.01.202297.9100BUY 101.56
24.01.202295.6000SHORT 104.39
13.01.202294.6000BUY 103.61
07.01.202293.5600SELL 103.77
20.12.202191.5100BUY 101.65
15.12.202189.8600SHORT 103.86
06.12.202190.9700BUY 105.46
24.11.202194.2600SELL 105.62
22.11.202194.8100BUY 106.40
15.11.202191.8000SHORT 110.34
04.11.202189.9200BUY 108.41
28.09.202196.2800SHORT 102.00
23.09.202196.2000BUY 102.22
24.08.2021103.3500SELL 102.37
04.08.2021101.7800BUY 100.97
30.07.2021100.6800SELL 101.12
16.07.202198.8200BUY 99.40
14.07.202198.2600SELL 99.55
09.07.202197.8900BUY 99.32
06.07.202196.6400SELL 99.47
30.06.202195.2800BUY 98.22
24.06.202195.1800SELL 98.37
16.06.202196.0800BUY 99.45
26.05.202196.8800SELL 99.60
12.05.202194.9000BUY 97.71
06.05.202194.9700SHORT 97.93
03.05.202196.5400BUY 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.