MARKET STATUS REPORT
Trend:
The market is BEARISH for the moment. The bears are dominating the market. On the other hand, we cannot say that the bears are very happy, but they do not want to change their positions yet. In fact, there is not much appetite for confirming bearish patterns.
Money Flow:
Currently, the bears are stronger and more money is flowing out of the market. You also have to know that the money invested in shares does not feel safe anymore. Investors are worried that they may go down with the market.
OVERBOUGHT/OVERSOLD STOCKS
The chart above shows how SMSMED.CO burst higher after the BUY signal that was issued on 16-04-2024. Since then, the stock price refused to ease back and recorded a whopping gain of 3%. Market’s upward beat, however, is in question now. Our system detected a BEARISH DELIBERATION BLOCK pattern which may be a sign of a market mood switching from bullish to bearish. This pattern deserves utmost attention, since its confirmation may well mean the end of heady sprint we witnessed so far. It is still early to tell if this is a market top or just a correction, but we are confident that this may be a unique opportunity to take profits. However, some patience is required at this point! Do not forget that confirmation is the prerequisite for saying goodbye to the bullish camp!
Watch Recommended Stocks
Bought on
17-04-2024
 
Last Signal
BUY
2106
Buy Level
0.7050
Bought at
0.7100
Close
0.7200
Gain%
1.41
Bought on
17-04-2024
 
VIRO.CO
 
Last Signal
BUY
2106
Buy Level
6.0700
Bought at
6.1300
Close
6.2600
Gain%
2.12
Sold on
16-04-2024
 
Last Signal
STAY IN CASH
2105
Buy Level
53.60
Sold at
54.56
Close
53.60
Gain%
-1.76
Bought on
16-04-2024
 
SAS
 
Last Signal
STAY LONG
0
 
Bought at
0.0157
Close
0.0164
Gain%
4.46
Bought on
16-04-2024
 
ZEAL.CO
 
Last Signal
STAY LONG
2202
Sell Level
595.00
Bought at
597.85
Close
598.50
Gain%
0.11
Sold on
15-04-2024
 
Last Signal
BUY
2106
Buy Level
0.7050
Sold at
0.7250
Close
0.7200
Gain%
-0.69
Sold on
15-04-2024
 
Last Signal
STAY IN CASH
2102
Buy Level
101.50
Sold at
101.28
Close
100.00
Gain%
-1.26
Bought on
15-04-2024
 
Last Signal
STAY LONG
0
 
Bought at
35.30
Close
36.80
Gain%
4.25
Sold on
12-04-2024
 
FLS.CO
 
Last Signal
STAY IN CASH
2111
Buy Level
355.80
Sold at
363.23
Close
355.80
Gain%
-2.05
Bought on
12-04-2024
 
Last Signal
STAY LONG
2202
Sell Level
1045.55
Bought at
1093.74
Close
1050.00
Loss%
-4.00
Sold on
12-04-2024
 
Last Signal
STAY SHORT
2103
Buy Level
2209.00
Sold at
2256.23
Close
2204.00
Gain%
-2.31
Bought on
11-04-2024
 
Boozt
 
Last Signal
STAY LONG
2201
Sell Level
79.80
Bought at
81.80
Close
82.50
Gain%
0.86
Sold on
11-04-2024
 
Last Signal
STAY SHORT
2102
Buy Level
8.9100
Sold at
8.8200
Close
8.3400
Gain%
-5.44
Bought on
10-04-2024
 
Last Signal
SHORT
70000
Sell Level
912.00
Bought at
925.00
Close
900.40
Loss%
-2.66
Sold on
10-04-2024
 
Last Signal
BUY
60000
Buy Level
146.00
Sold at
142.22
Close
149.80
Loss%
5.33
Sold on
09-04-2024
 
Last Signal
STAY IN CASH
2109
Buy Level
2200.00
Sold at
2282.30
Close
2190.00
Gain%
-4.04
Bought on
08-04-2024
 
Last Signal
STAY LONG
2203
Sell Level
875.00
Bought at
870.58
Close
871.30
Gain%
0.08
Sold on
08-04-2024
 
SPG.CO
 
Last Signal
STAY IN CASH
2102
Buy Level
216.75
Sold at
228.00
Close
216.00
Gain%
-5.26
Sold on
05-04-2024
 
Last Signal
STAY IN CASH
2104
Buy Level
79.70
Sold at
80.40
Close
79.20
Gain%
-1.49
Sold on
05-04-2024
 
Last Signal
STAY IN CASH
4101
Buy Level
318.75
Sold at
343.35
Close
318.00
Gain%
-7.38
Sold on
03-04-2024
 
Last Signal
STAY IN CASH
2101
Buy Level
434.00
Sold at
456.51
Close
434.00
Gain%
-4.93
Sold on
03-04-2024
 
Last Signal
STAY SHORT
2105
Buy Level
5.5000
Sold at
6.6500
Close
4.3000
Gain%
-35.34
Sold on
02-04-2024
 
ALMB.CO
 
Last Signal
STAY IN CASH
2111
Buy Level
12.19
Sold at
13.09
Close
12.17
Gain%
-7.03
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