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by Americanbulls.com LLC
  • English
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Last Update
2018-12-10
MARKET STATUS REPORT, 2018-12-10
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 shares does not feel safe anymore. Investors are worried that they may go down with the market.
Recommended Shares
 
BULLISH PATTERNS
 
JS5.SI (SGX)
 
 
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Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2105>BULLISH PIERCING LINE</a>...JS5.SI SINO GRANDNESS FOOD IND GP Close : 0.1380 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 JS5.SI declined after the SELL signal which was issued on 2018-09-26. Since then, the stock price edged down by a hefty 30.65%. The bearish sentiment may be over now. Our system detected a BULLISH PIERCING LINE 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 PIERCING LINE pattern, if confirmed, indicates an upside potential of 6.63%. 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!
Watch Recommended Stocks
Recommendations 
Last EOD Update Results 
Date 
Symbol 
Signal 
Avg. Price 
Signal 
Pattern 
Last 
Change% 
2018-11-30
H17.SI  
SELL1.0950STAY IN CASH
60000
0.9650-11.87

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