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by Americanbulls.com LLC
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Last Update
15-01-2021
MARKET STATUS REPORT, 15-01-2021
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 bears are stronger and more money is flowing out of the market. You have to also know that the money invested in the shares is getting more and more impatient for an exit!
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The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2103>BULLISH HARAMI CROSS</a>...HYPE.CO HYPEFACTORS Close : 11.1000 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 HYPE.CO declined after the SELL signal which was issued on 08-01-2021. Since then, the stock price edged down by a hefty 19.91%. The bearish sentiment may be over now. Our system detected a BULLISH HARAMI CROSS 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 HARAMI CROSS pattern, if confirmed, indicates an upside potential of 2.34%. 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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