Our system’s recommendation today is to SHORT. The BEARISH STOP LOSS pattern finally received a confirmation because the prices crossed below the Stop Loss level which was at 393.0000, and our valid average selling price stands now at 392.5000. The previous BUY signal was issued on 10/27/2014, 4 days ago, when the stock price was 395.5000. Since then HEAD.L has fallen by -0.76%.
The market changed its face while our beloved candlesticks were asleep. Though the system has not yet detected a bearish pattern, the evidence is strong enough to go for a bearish bet. The bearish stop loss is confirmed and a SHORT signal is generated. Follow the signal and profit from the bearish enthusiasm before it is too late. SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop loss.