Title
by Americanbulls.com LLC
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Last Update
17/09/2019
MARKET STATUS REPORT, 17/09/2019
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 bulls 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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Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2201>BEARISH ENGULFING</a>...HZM.L HORIZONTE MINERALS Close : 4.4000 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 HZM.L displayed a rally after the BUY signal which was issued on 21/08/2019. Since then, the gain in this stock stretched to a whopping 81.12%. 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 14.58%. 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% 
17/09/2019
HZM.L  
SELL4.7000SELL
2201
4.4000-6.38
12/09/2019
EUZ.L  
BUY0.0490SELL
2211
0.0430-12.24

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