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by Americanbulls.com LLC
  • English
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Last Update
2019-06-25
MARKET STATUS REPORT, 2019-06-25
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 cannot say that the bulls are very happy but they do not want to change their positions yet. Currently, the bears are slightly stronger and the flow of money is rather balanced. 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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BULLISH PATTERNS
 
UD2.SI (SGX)
 
 
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Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2103>BULLISH HARAMI CROSS</a>...UD2.SI JAPFA Close : 0.5200 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 UD2.SI declined after the SELL signal which was issued on 2019-06-12. Since then, the stock price edged down by a hefty 7.14%. 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 4.37%. 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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