Title
by Americanbulls.com LLC
  • English
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Last Update
14.05.2021
MARKET STATUS REPORT, 14.05.2021
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=2101>BULLISH ENGULFING</a>...TSLA.VI TESLA Close : 496.0000 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 TSLA.VI declined after the SELL signal which was issued on 27.04.2021. Since then, the stock price edged down by a hefty 16.00%. The bearish sentiment may be over now. Our system detected a BULLISH ENGULFING 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 ENGULFING pattern, if confirmed, indicates an upside potential of 21.46%. 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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