Title
by Americanbulls.com LLC
  • English
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Last Update
16-08-2019
MARKET STATUS REPORT, 16-08-2019
The market is BEARISH for the moment. The bears are dominating the market. On the other hand, we can say that there are considerable signs of unrest among the bears. They may be seriously considering taking long positions, too. Currently, the bulls are stronger and more money is flowing into the market. You have to also know that the money waiting at the sidelines is getting more and more impatient for an entry!
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CONFRZ.CO (COPENHAGEN)
 
 
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Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2103>BULLISH HARAMI CROSS</a>...CONFRZ.CO CONFERIZE Close : 0.7880 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 took a negative turn after the SHORT signal which was issued on 15-07-2019. Since then, the stock price fell down by 28.30%. There are by now decisive hints casting doubts about the continuation of the downbeat mood. Our system detected a BULLISH HARAMI CROSS pattern, which may be a sign of a market sentiment switching from bearish to bullish. This pattern deserves utmost attention, because the SHORT positions must immediately be covered and long positions must be taken, in case of a confirmation. The BULLISH HARAMI CROSS pattern, if confirmed, indicates an upside potential of -3.14%. It may turn out to be a good opportunity for bottom fishers, but patience first! Do not forget that confirmation is the prerequisite for any further move!
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