Title
by Americanbulls.com LLC
  • English
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Last Update
06.02.2023
MARKET STATUS REPORT, 06.02.2023
The market is BULLISH for the moment. The bulls are dominating the market. On the other hand, we cannot say that the bears are very happy, but they do not want to change their positions yet. 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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Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2106>BULLISH DOJI STAR</a>...NEWM.VI Newmont Close : 44.6500 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 NEWM.VI took a negative turn after the SHORT signal which was issued on 03.02.2023. Since then, the stock price fell down by 7.29%. There are by now decisive hints casting doubts about the continuation of the downbeat mood. Our system detected a BULLISH DOJI STAR 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 DOJI STAR pattern, if confirmed, indicates an upside potential of 0.11%. 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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