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Last Update
8/29/2014
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SELLS
 
TUNG.L (LSE)
 
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Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2201>BEARISH ENGULFING</a>...TUNG.L TUNGSTEN CORPORATION Close : 345.0000 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 TUNG.L displayed a rally after the BUY signal which was issued on 8/13/2014. Since then, the gain in this stock stretched to a whopping 17.95%. 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 ENGULFING pattern that led to this bearish signal indicates that there is a downside potential of 6.45%. 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.
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Last EOD Update Results
Date
Symbol
Signal
Avg. Price
Signal
Pattern
Last
Change%
8/29/2014
TUNG.L  
SELL345.0000SELL
2201
345.00000.00
8/28/2014
ROSE.L  
SELL3.5170STAY IN CASH
0
3.3750-4.04
8/27/2014
GKP.L  
SELL83.1290STAY IN CASH
0
79.0000-4.97
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