STG.CO COPENHAGEN
Scandinavian Tobacco Group
STAY SHORT
Close
116.00
Prev.Close
115.00
Change
+1.0000
Change%
+0.87%
BULLISH HARAMI
Sold at
115.57
Open
115.00
High
117.20
Low
115.00
Close
116.00
Loss%
+0.37%
Signal History
Pattern & Confirmation Chart for the Last 6 Months
Our system’s recommendation today is to STAY SHORT. The previous SHORT signal was issued on 26-05-2023, 4 days ago, when the stock price was 115.57. Since then STG.CO has risen by +0.37%.
With the bullish pattern detected today candlesticks warned short sellers to be on alert. Market sentiment may be changing in the direction of the bulls. Based on this pattern, in response to emerging market bullishness the system established new confirmation and stop loss levels. The signal tells us to STAY SHORT, but the chance of a bullish confirmation that will change the signal to BUY is quite high. The Delayed Intraday Module is ON. Given the risks involved, we strongly suggest you to follow price movements on an intraday basis.
This pattern consists of a black body and a small white body that is completely inside the range of the black body. If an outline is drawn for the pattern, it looks like a pregnant woman. This is not a coincidence. “Harami” is an old Japanese word for “pregnant”. The black candlestick is “the mother” and the small candlestick is “the baby”. more...
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