MARKET STATUS REPORT
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 shares does not feel safe anymore. Investors are worried that they may go down with the market.
OVERBOUGHT/OVERSOLD STOCKS
The chart above shows how FINEFOODS displayed a rally after the BUY signal which was issued on 31/03/2024. 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
Sold on
15/04/2024
 
Last Signal
SELL
2208
Sell Level
187.05
Sold at
183.40
Close
183.40
 
 
Bought on
09/04/2024
 
Last Signal
STAY LONG
2202
Sell Level
37.70
Bought at
37.94
Close
37.70
Loss%
-0.63
Sold on
09/04/2024
 
Last Signal
STAY IN CASH
2102
Buy Level
22.60
Sold at
22.68
Close
22.50
Gain%
-0.79
Bought on
09/04/2024
 
DGIC
 
Last Signal
STAY LONG
2202
Sell Level
31.90
Bought at
32.17
Close
31.90
Loss%
-0.84
Sold on
09/04/2024
 
Last Signal
STAY IN CASH
0
 
Sold at
21.40
Close
19.70
Gain%
-7.94
Bought on
08/04/2024
 
Last Signal
STAY LONG
0
 
Bought at
30.77
Close
38.30
Gain%
24.47
Bought on
08/04/2024
 
Last Signal
SHORT
2202
Sell Level
57.70
Bought at
57.90
Close
56.00
Loss%
-3.28
Sold on
04/04/2024
 
Last Signal
STAY SHORT
2101
Buy Level
88.60
Sold at
86.73
Close
88.10
Loss%
1.58
Sold on
04/04/2024
 
Last Signal
STAY IN CASH
2102
Buy Level
44.15
Sold at
42.88
Close
41.30
Gain%
-3.68
Bought on
04/04/2024
 
YPL
 
Last Signal
SELL
2205
Sell Level
21.40
Bought at
20.46
Close
20.80
Gain%
1.66
Bought on
03/04/2024
 
BDCOM
 
Last Signal
STAY LONG
0
 
Bought at
32.30
Close
32.40
Gain%
0.31
Bought on
02/04/2024
 
Last Signal
STAY LONG
2202
Sell Level
90.00
Bought at
91.98
Close
89.90
Loss%
-2.26
Bought on
02/04/2024
 
Last Signal
STAY LONG
2201
Sell Level
52.40
Bought at
54.60
Close
56.90
Gain%
4.21
Sold on
01/04/2024
 
Last Signal
STAY SHORT
2111
Buy Level
28.40
Sold at
29.42
Close
26.80
Gain%
-8.91
Bought on
01/04/2024
 
Last Signal
STAY LONG
2201
Sell Level
34.70
Bought at
37.20
Close
35.40
Loss%
-4.84
Sold on
01/04/2024
 
Last Signal
STAY IN CASH
0
 
Sold at
108.22
Close
103.00
Gain%
-4.82
Bought on
28/03/2024
 
Last Signal
SELL
3208
Sell Level
224.10
Bought at
220.96
Close
219.90
Loss%
-0.48
Bought on
28/03/2024
 
Last Signal
STAY LONG
2201
Sell Level
365.00
Bought at
351.00
Close
365.00
Gain%
3.99
Sold on
28/03/2024
 
Last Signal
STAY IN CASH
2103
Buy Level
140.40
Sold at
141.91
Close
136.00
Gain%
-4.16
Sold on
25/03/2024
 
EBL
 
Last Signal
STAY IN CASH
2102
Buy Level
27.50
Sold at
28.00
Close
27.00
Gain%
-3.57
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