Vol: XXS  6 mo: 0★  24 mo: 0★
FAR PEAK ACQUISITION EQY WARRA...
SELL
Close
0.9780
Prev Close
1.0500
Change
-0.0720
Change%
-6.86%
Delayed Intraday Module : OFF
SESSION CLOSED
Sold at
1.0050
Open
1.0300
High
1.0500
Low
0.9399
Close
0.9780
Gain%
-2.69%
Bullish trend! Sell and subsequent Stay in Cash signals can be omitted.
Signal Update
Our system’s recommendation today is to SELL. The BEARISH HANGING MAN pattern finally received a confirmation because the prices crossed below the confirmation level which was at 1.0150, and our valid average selling price stands now at 1.0050. The previous BUY signal was issued on 06/14/2021, 4 days ago, when the stock price was 0.9678. Since then FPAC-T has risen by +3.84%.
Market Outlook
We may be at a market top or at the start of a correction. The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. Today’s candlestick has a black body and its close is below the confirmation level. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet.
Pattern Description
The pattern occurs at the top of a trend or during an uptrend. The name Hanging Man comes from the fact that the candlestick looks somewhat like a hanging man. It is a single candlestick pattern that has a long lower shadow and a small body at or very near the top of its daily trading range. more...
Signal History
Pattern & Confirmation Chart for the Last 6 Months
FPAC-T Pattern & Confirmation History since 12/19/2020
DatePatternStop LossBuy/ SellConfirmedDateSignal
06/16/21
BEARISH HANGING MAN
1.0400 1.0150 1.0050 06/18
SELL
06/04/21
BULLISH ONE WHITE SOLDIER
0.8650 0.9578 0.9678 06/14
BUY
05/25/21
BEARISH HARAMI
1.0700 0.9090 0.8810 05/26
SELL
05/19/21
BULLISH ENGULFING
0.7800 0.8600 0.8684 05/21
BUY
05/04/21
BEARISH THREE BLACK CROWS
0.9601 0.9005 0.8999 05/10
SELL
04/23/21
BULLISH ONE WHITE SOLDIER
0.8801 0.9500 0.9789 04/28
BUY
04/20/21
BULLISH ENGULFING
0.9000 0.9799
04/16/21
BULLISH HARAMI
0.8800 1.0500
04/14/21
BULLISH DOJI STAR
1.0300 1.0600
04/09/21
BEARISH HARAMI
1.2000 1.1400 1.1300 04/13
SHORT
04/06/21
BEARISH STOP LOSS
1.0800  
04/01/21
BULLISH MATCHING LOW
1.0800 1.1250 1.1350 04/05
BUY
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