Title
by Americanbulls.com LLC
  • English
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Last Update
18/04/2019
MARKET STATUS REPORT, 18/04/2019
The market is moving SIDEWAYS for the moment. The bulls have an upper hand, but the bears are also not sleeping. On the other hand, we cannot say that the bears are very happy, but they do not want to change their positions yet. Currently, the bears are slightly stronger and the flow of money is rather balanced. You have to also know that the bulls are not very comfortable and they are closely watching the market for a timely exit.
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SELLS
 
BIDS.L (LSE)
 
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Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2202>BEARISH HARAMI</a>...BIDS.L BIDSTACK GROUP Close : 18.0000 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 BIDS.L displayed a rally after the BUY signal which was issued on 27/03/2019. Since then, the gain in this stock stretched to a whopping 79.90%. 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 HARAMI pattern that led to this bearish signal indicates that there is a downside potential of 28.46%. 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% 
18/04/2019
BIDS.L  
SELL18.8000SELL
2202
18.0000-4.26
05/04/2019
BGO.L  
SELL123.7200STAY IN CASH
0
118.0000-4.62

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