Title
by Americanbulls.com LLC
Last Update
14/12/2018
ECHO.L
ECHO ENERGY
Last Signal: BUY
Last Pattern: BULLISH ENGULFING
Last Close:
6.9000
Change:
+0.2250
Percent change
+3.37%
Signal Update
Our system’s recommendation today is to BUY. The BULLISH ENGULFING pattern finally received a confirmation because the prices crossed above the confirmation level which was at 6.6750, and our valid average buying price stands now at 6.7420. The previous SELL signal was issued on 03/12/2018, 11 days ago, when the stock price was 7.4000. Since then ECHO.L has fallen by -8.89%.
Market Outlook
Let’s jump on our white horses and go for a bullish ride. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. Most probably, it is the right time to participate in bullish fervor. The market is telling you about a new profit. Do not miss this bullish opportunity. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern is characterized by a large white body engulfing a preceding smaller black body, which appears during a downtrend. The white body does not necessarily engulf the shadows of the black body but totally engulfs the body itself. This is an important bottom reversal signal. more...
Signal History
Date 
Price 
Signal 
 
£100⇨ 
14/12/20186.7420BUY 222.68
03/12/20187.4000SELL 224.02
27/11/20186.2600BUY 190.65
12/11/20188.1700SHORT 156.40
05/11/20188.5300BUY 165.27
21/09/201811.5000SHORT 132.94
18/09/201811.9500BUY 139.82
07/09/201812.2000SHORT 138.67
05/09/201812.5200BUY 144.03
17/07/201817.1000SELL 144.90
14/06/201811.6600BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
£100⇨ 
14/12/20186.7420BUY 201.56
03/12/20187.4000SELL 202.78
27/11/20186.2600BUY 172.58
12/11/20188.1700SHORT 141.57
05/11/20188.5300BUY 149.60
21/09/201811.5000SHORT 120.33
18/09/201811.9500BUY 126.55
07/09/201812.2000SHORT 125.51
05/09/201812.5200BUY 130.36
17/07/201817.1000SELL 131.15
14/06/201811.6600BUY 89.97
24/05/201814.6000SELL 90.51
22/05/201814.9000BUY 92.93
17/05/201813.3500SHORT 106.41
10/05/201813.2300BUY 106.73
30/04/201813.4000SELL 107.37
06/04/201812.6000BUY 101.57
15/03/201813.0000SELL 102.18
22/02/201812.5700BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
£100⇨ 
14/12/20186.7420BUY 5,166.90
03/12/20187.4000SELL 5,198.09
27/11/20186.2600BUY 4,423.85
12/11/20188.1700SHORT 3,629.02
05/11/20188.5300BUY 3,834.81
21/09/201811.5000SHORT 3,084.61
18/09/201811.9500BUY 3,244.13
07/09/201812.2000SHORT 3,217.48
05/09/201812.5200BUY 3,341.85
17/07/201817.1000SELL 3,362.02
14/06/201811.6600BUY 2,306.30
24/05/201814.6000SELL 2,320.22
22/05/201814.9000BUY 2,382.19
17/05/201813.3500SHORT 2,727.74
10/05/201813.2300BUY 2,735.95
30/04/201813.4000SELL 2,752.46
06/04/201812.6000BUY 2,603.76
15/03/201813.0000SELL 2,619.48
22/02/201812.5700BUY 2,548.12
18/12/201715.6250QUIT 2,563.50
16/10/201713.3800BUY 2,208.43
11/10/201713.0575SELL 2,221.76
05/10/201712.8720BUY 2,203.42
26/09/201712.4315SELL 2,216.72
22/09/201712.1200BUY 2,174.22
20/09/201711.6280SELL 2,187.34
08/09/20179.0850BUY 1,719.29
09/08/201711.2590SELL 1,729.67
04/08/201710.4710BUY 1,618.32
19/07/201712.1260SHORT 1,441.21
14/07/201712.4990BUY 1,503.53
06/06/201718.6690SELL 1,512.61
22/05/201711.9940BUY 977.65
08/05/201711.2560SELL 983.55
04/05/201711.4890BUY 1,009.97
27/04/201712.3065SELL 1,016.07
07/04/201710.7290BUY 891.17
30/03/201710.2710SELL 896.55
02/03/20171.0128BUY 88.94
20/02/20171.0722SELL 89.48
16/02/20171.0938BUY 91.83
13/02/20171.0722SHORT 94.85
03/02/20171.0429BUY 93.38
19/01/20171.2310SELL 93.94
17/01/20171.2558BUY 96.41
05/01/20171.2310SHORT 99.58
22/12/20161.2141BUY 99.40
† Trade commissions are taken as 0.60%.

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