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by Americanbulls.com LLC
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Last Update
2021-01-26
MARKET STATUS REPORT, 2021-01-26
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 bulls. They may be seriously considering taking short positions, too. Currently, the bears are very strong and the money is flowing in one direction only, 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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Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=3110>BULLISH TWO RABBITS</a>...5TI.SI KITCHEN CULTURE HOLDINGS Close : 0.0890 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 5TI.SI declined after the SELL signal which was issued on 2021-01-12. Since then, the stock price edged down by a hefty 15.24%. The bearish sentiment may be over now. Our system detected a BULLISH TWO RABBITS 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 TWO RABBITS pattern, if confirmed, indicates an upside potential of 0.00%. 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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