Title
by Americanbulls.com LLC
  • English
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Last Update
2020-05-22
MARKET STATUS REPORT, 2020-05-22
The market is BEARISH for the moment. The bears are dominating the market. On the other hand, we can say that insurgence among the bulls may be imminent. They may change their positions and start selling soon. 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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SELLS
 
 
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Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2201>BEARISH ENGULFING</a>...DU4.SI MERMAID MARITIME PUBLIC Close : 0.0730 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 DU4.SI displayed a rally after the BUY signal which was issued on 2020-05-13. Since then, the gain in this stock stretched to a whopping 25.81%. We see, however, enough hints pointing to the fact that the conditions are now ripening for at least a market correction. Our system confirmed this emerging bearish mood by issuing a SELL signal. The BEARISH ENGULFING pattern that led to this bearish signal indicates that there is a downside potential of 18.45%. The signal has just been issued, so it is not late to run to safety by selling this stock. It is still early to say if this is a decisive market top or merely a correction but it is evidently the right time to take the profits in order to prevent any disappointment in the future.
Watch Recommended Stocks
Recommendations 
Last EOD Update Results 
Date 
Symbol 
Signal 
Avg. Price 
Signal 
Pattern 
Last 
Change% 
2020-05-22
DU4.SI  
SELL0.0780SELL
2201
0.0730-6.41
2020-05-19
546.SI  
SELL0.1850STAY IN CASH
0
0.1770-4.32

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