Title
by Americanbulls.com LLC
  • English
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Last Update
07-07-2020
MARKET STATUS REPORT, 07-07-2020
The market is BULLISH for the moment. The bulls 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. Currently, the bulls are stronger and more money is flowing into the market. You have to also know that the money invested in shares does not feel safe anymore. Investors are worried that they may go down with the market.
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Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2105>BULLISH PIERCING LINE</a>...CONFRZ.CO CONFERIZE Close : 0.9000 chart showing Series 1 series, Series 2 series, Series 3 series, Series 4 series, Series 5 series, Series 6 series, Series 7 series, Series 8 series, Series 9 series.
The chart above shows how CONFRZ.CO declined after the SELL signal which was issued on 28-05-2020. Since then, the stock price edged down by a hefty 32.94%. The bearish sentiment may be over now. Our system detected a BULLISH PIERCING LINE pattern which may be a sign of a market mood switching from bearish to bullish. This pattern deserves utmost attention because BUY orders must be placed immediately in case of a confirmation. The BULLISH PIERCING LINE pattern, if confirmed, indicates an upside potential of -6.31%. The massive pullback may be over, but patience is required at this point! Do not forget that confirmation is the prerequisite for any further move!
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