Title
by Americanbulls.com LLC
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Last Update
04.08.2020
MARKET STATUS REPORT, 04.08.2020
The market is BULLISH for the moment. The bulls are dominating the market. On the other hand, we can say that there are considerable signs of unrest among the bears. They may be seriously considering taking long positions, too. Currently, the bulls are very strong and the money is flowing in one direction only, into the market. You have to also know that the money waiting at the sidelines is getting more and more impatient for an entry!
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The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2102>BULLISH HARAMI</a>...ANDR.VI ANDRITZ Close : 29.0800 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 ANDR.VI took a negative turn after the SHORT signal which was issued on 24.07.2020. Since then, the stock price fell down by 8.21%. There are by now decisive hints casting doubts about the continuation of the downbeat mood. Our system detected a BULLISH HARAMI pattern, which may be a sign of a market sentiment switching from bearish to bullish. This pattern deserves utmost attention, because the SHORT positions must immediately be covered and long positions must be taken, in case of a confirmation. The BULLISH HARAMI pattern, if confirmed, indicates an upside potential of 3.43%. It may turn out to be a good opportunity for bottom fishers, but patience first! Do not forget that confirmation is the prerequisite for any further move!
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