MARKET STATUS REPORT
Trend:
The market is EXTREMELY BEARISH for the moment. On the other hand, we cannot say that the bulls are very happy but they do not want to change their positions yet. In fact, there is not much appetite for confirming bearish patterns.
Money Flow:
Currently, the bears are stronger and more money is flowing out of the market. You also have to know that the bears are not very comfortable and they are closely watching the market for a timely entry.
The chart above shows how SUNLIFEINS displayed a rally after the BUY signal which was issued on 06/05/2024. Since then, the gain in this stock stretched to a whopping 3%. We see, however, enough hints pointing to the fact that the conditions are now ripening for at least a market correction. Our system confirmed this emerging bearish mood by issuing a SELL signal. The signal has just been issued, so it is not late to run to safety by selling this stock. It is still early to say if this is a decisive market top or merely a correction but it is evidently the right time to take the profits in order to prevent any disappointment in the future.
Watch Recommended Stocks
Bought on
16/05/2024
 
Last Signal
BUY
2106
Buy Level
159.85
Bought at
161.46
Close
164.00
Gain%
1.57
Bought on
16/05/2024
 
Last Signal
BUY
4101
Buy Level
4068.00
Bought at
4084.96
Close
4193.00
Gain%
2.64
Sold on
16/05/2024
 
Last Signal
SELL
2201
Sell Level
51.80
Sold at
51.36
Close
50.80
Gain%
-1.09
Bought on
15/05/2024
 
AIL
 
Last Signal
STAY LONG
0
 
Bought at
130.83
Close
131.20
Gain%
0.28
Sold on
15/05/2024
 
ICB
 
Last Signal
STAY SHORT
2106
Buy Level
64.85
Sold at
67.44
Close
63.90
Gain%
-5.25
Sold on
14/05/2024
 
Last Signal
STAY IN CASH
0
 
Sold at
25.40
Close
24.00
Gain%
-5.51
Sold on
14/05/2024
 
TAUFIKA
 
Last Signal
STAY IN CASH
0
 
Sold at
94.40
Close
88.90
Gain%
-5.83
Bought on
13/05/2024
 
Last Signal
STAY LONG
2208
Sell Level
46.45
Bought at
46.19
Close
47.00
Gain%
1.75
Sold on
13/05/2024
 
Last Signal
STAY IN CASH
0
 
Sold at
71.40
Close
68.40
Gain%
-4.20
Sold on
13/05/2024
 
Last Signal
STAY IN CASH
2104
Buy Level
41.00
Sold at
41.80
Close
39.40
Gain%
-5.74
Sold on
12/05/2024
 
IPDC
 
Last Signal
STAY IN CASH
2106
Buy Level
24.95
Sold at
25.83
Close
22.60
Gain%
-12.50
Sold on
09/05/2024
 
OIMEX
 
Last Signal
STAY IN CASH
2106
Buy Level
32.20
Sold at
32.45
Close
29.90
Gain%
-7.86
Sold on
08/05/2024
 
Last Signal
STAY IN CASH
2106
Buy Level
745.65
Sold at
762.17
Close
704.80
Gain%
-7.53
Bought on
07/05/2024
 
Last Signal
STAY LONG
2202
Sell Level
11.10
Bought at
10.40
Close
11.00
Gain%
5.77
Sold on
07/05/2024
 
Last Signal
STAY IN CASH
2104
Buy Level
69.95
Sold at
74.70
Close
70.00
Gain%
-6.29
Sold on
06/05/2024
 
KAY&QUE
 
Last Signal
STAY SHORT
2111
Buy Level
264.10
Sold at
252.50
Close
259.60
Loss%
2.81
Sold on
06/05/2024
 
Last Signal
STAY IN CASH
60000
Buy Level
110.60
Sold at
105.06
Close
116.70
Loss%
11.08
Sold on
05/05/2024
 
Last Signal
BUY
2105
Buy Level
68.20
Sold at
73.50
Close
73.80
Loss%
0.41
Sold on
02/05/2024
 
KPPL
 
Last Signal
STAY SHORT
0
 
Sold at
24.67
Close
20.30
Gain%
-17.71
Sold on
21/04/2024
 
DESCO
 
Last Signal
BUY
2101
Buy Level
24.60
Sold at
25.80
Close
25.50
Gain%
-1.16
Sold on
15/04/2024
 
Last Signal
STAY IN CASH
2101
Buy Level
173.50
Sold at
183.40
Close
170.90
Gain%
-6.82
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