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by Americanbulls.com LLC
  • English
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Last Update
19-07-2019
MARKET STATUS REPORT, 19-07-2019
The market is moving SIDEWAYS for the moment. The bears have an upper hand, but the bulls are also not sleeping. On the other hand, we can say that there are considerable signs of unrest among the bulls. They may be seriously considering taking short positions, too. Currently, the bulls are slightly stronger but the flow of money is rather balanced. 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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BULLISH PATTERNS
 
ODICO.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>...ODICO.CO ODICO Close : 14.2200 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 ODICO.CO took a negative turn after the SHORT signal which was issued on 26-06-2019. Since then, the stock price fell down by 11.35%. 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 3.42%. 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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