TGS.OL OSLO
Tgs
STAY SHORT
Close
154.70
Prev.Close
156.00
Change
-1.3000
Change%
-0.83%
BULLISH ONE WHITE SOLDI...
Sold at
158.82
Open
158.40
High
161.50
Low
154.70
Close
154.70
Gain%
-2.59%
Signal History
Pattern & Confirmation Chart for the Last 6 Months
Our system’s recommendation today is to STAY SHORT. The previous SHORT signal was issued on 30.05.2023, 6 days ago, when the stock price was 158.82. Since then TGS.OL has fallen by -2.59%.
Bear market rallies may be vicious reversals, giving hard times to those holding short positions; so, it is better to be on alert despite the relative comfort provided by the current bearish trend. There is a bullish pattern to be confirmed, but the share price is still not above its confirmation level and the signal is suggesting to STAY SHORT; however, the chance of a bullish confirmation that will change the signal to BUY is quite high. The Delayed Intraday Module is ON. Given the risks involved, we strongly suggest you to follow price movements on an intraday basis.
This pattern appears in a downtrend and consists of a black candlestick and a white candlestick in which the white candlestick opens above the preceding day’s close and closes above its open. The pattern looks similar to the Bullish Harami pattern. The only difference is that the second day closes higher, which stops the engulfing of the white body by the preceding black body. more...
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