MARKET STATUS REPORT, 08/17/2022
Trend:
The market is moving SIDEWAYS for the moment. The bears have an upper hand, but the bulls are also not sleeping. On the other hand, we can say that there are considerable signs of unrest among the bulls. They may be seriously considering taking short positions, too. In fact, there is not much appetite for confirming bearish patterns.
Money Flow:
Currently, the bulls are slightly stronger but the flow of money is rather balanced. You also have to know that the money invested in the shares is getting more and more impatient for an exit!
OVERBOUGHT/OVERSOLD STOCKS
The chart above shows how VLTA displayed a rally after the BUY signal which was issued on 7/28/2022. Since then, the gain in this stock stretched to a whopping 66%. 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 BEARISH DARK CLOUD COVER pattern that led to this bearish signal indicates that there is a downside potential of 14%. 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
08/17/2022
 
BERZ
 
Bought at
21.74
Last Signal
BUY
2102
Bought at
20.72
Prev.Close
20.72
Close
21.92
Gain%
+0.83
2102
Sold on
08/17/2022
 
PLL
 
Sold at
64.56
Last Signal
SELL
2205
Sold at
66.70
Prev.Close
66.70
Close
63.71
Loss%
-1.32
2205
Sold on
08/17/2022
 
VLTA
 
Sold at
2.8800
Last Signal
SELL
2205
Sold at
2.9100
Prev.Close
2.9100
Close
2.6600
Loss%
-7.64
2205
Bought on
08/16/2022
 
FORG
 
Bought at
19.02
Last Signal
STAY LONG
0
Sell Level
Prev.Close
19.16
Close
19.84
Gain%
+4.31
0
Bought on
08/16/2022
 
NVAX
 
NOVAVAX
 
Bought at
42.65
Last Signal
STAY LONG
70000
Sell Level
40.25
Prev.Close
42.88
Close
39.37
Loss%
-7.69
70000
Sold on
08/16/2022
 
NVTA
 
INVITAE
 
Sold at
4.4700
Last Signal
STAY IN CASH
0
Prev.Close
4.4500
Close
4.2500
Loss%
-4.92
0
Bought on
08/16/2022
 
OCLN
 
Bought at
0.0382
Last Signal
STAY LONG
2211
Sell Level
0.0320
Prev.Close
0.0474
Close
0.0320
Loss%
-16.23
2211
Sold on
08/16/2022
 
VRNA
 
Sold at
12.38
Last Signal
STAY IN CASH
0
Prev.Close
11.63
Close
12.03
Loss%
-2.83
0
Sold on
08/15/2022
 
PGTI
 
Sold at
22.77
Last Signal
STAY IN CASH
1101
22.17
Prev.Close
22.57
Close
22.07
Loss%
-3.07
1101
Sold on
08/11/2022
 
CSSE
 
Sold at
14.18
Last Signal
STAY SHORT
0
Buy Level
Prev.Close
12.27
Close
11.28
Loss%
-20.48
0
Sold on
08/11/2022
 
OZSC
 
Sold at
0.0153
Last Signal
STAY IN CASH
0
Prev.Close
0.0145
Close
0.0131
Loss%
-14.38
0
Bought on
08/11/2022
 
SBOW
 
Bought at
38.95
Last Signal
STAY LONG
2208
Sell Level
41.74
Prev.Close
44.00
Close
44.90
Gain%
+15.28
2208
Sold on
08/11/2022
 
UTZ
 
Sold at
17.94
Last Signal
STAY IN CASH
3110
17.78
Prev.Close
17.46
Close
17.40
Loss%
-3.01
3110
Sold on
08/11/2022
 
ZOM
 
Sold at
0.3550
Last Signal
STAY SHORT
2102
Buy Level
0.3722
Prev.Close
0.3340
Close
0.3021
Loss%
-14.90
2102
Bought on
08/10/2022
 
GMGMF
 
Bought at
2.6301
Last Signal
STAY LONG
0
Sell Level
Prev.Close
3.0100
Close
2.9600
Gain%
+12.54
0
Sold on
08/09/2022
 
REV
 
Sold at
7.9900
Last Signal
STAY IN CASH
2101
8.5700
Prev.Close
8.4900
Close
8.3600
Gain%
+4.63
2101
Sold on
08/03/2022
 
JSDA
 
Sold at
0.4126
Last Signal
STAY IN CASH
2109
0.3922
Prev.Close
0.3850
Close
0.3900
Loss%
-5.48
2109
Sold on
08/03/2022
 
NMM
 
Sold at
29.87
Last Signal
STAY IN CASH
2111
30.48
Prev.Close
28.71
Close
27.89
Loss%
-6.63
2111
Sold on
08/02/2022
 
ASRT
 
Sold at
3.7200
Last Signal
STAY IN CASH
2109
3.9100
Prev.Close
3.6800
Close
3.4600
Loss%
-6.99
2109
Bought on
07/29/2022
 
AMC
 
Bought at
14.56
Last Signal
SELL
2205
Sold at
24.44
Prev.Close
24.81
Close
21.36
Gain%
+46.70
2205
Sold on
07/27/2022
 
DUST
 
Sold at
24.10
Last Signal
BUY
2108
Bought at
22.49
Prev.Close
21.33
Close
22.84
Loss%
-5.23
2108
Sold on
07/19/2022
 
BZQ
 
Sold at
32.55
Last Signal
STAY IN CASH
2108
21.61
Prev.Close
21.43
Close
21.59
Loss%
-33.67
2108
Bought on
07/13/2022
 
PMETF
 
Bought at
1.7978
Last Signal
STAY LONG
2203
Sell Level
3.5650
Prev.Close
3.7000
Close
3.6705
Gain%
+104.17
2203
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