Title
by Americanbulls.com LLC
Last Update
05/08/2022
ELCO.L
ELECO
Last Signal: BUY
Last Pattern: BULLISH HARAMI
Last Close:
72.0000
Change:
+2.0000
Percent change
+2.86%
Signal Update
Our system’s recommendation today is to BUY. The BULLISH HARAMI pattern finally received a confirmation because the prices crossed above the confirmation level which was at 70.0000, and our valid average buying price stands now at 70.4900. The previous SHORT signal was issued on 30/06/2022, 36 days ago, when the stock price was 73.4700. Since then ELCO.L has fallen by -4.06%.
Market Outlook
The bulls have strong evidence on their side and this evidence prompts us to make a bullish bet. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. It is probably the right time to be part of this boost and bullish market sentiment. The market is telling you about a new profit. Do not miss this chance. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern consists of a black body and a small white body that is completely inside the range of the black body. If an outline is drawn for the pattern, it looks like a pregnant woman. This is not a coincidence. “Harami” is an old Japanese word for “pregnant”. The black candlestick is “the mother” and the small candlestick is “the baby”. more...
Signal History
Date 
Price 
Signal 
 
£100⇨ 
05/08/202270.4900BUY 112.81
30/06/202273.4700SHORT 109.73
27/06/202274.0100BUY 111.87
20/05/202289.0000SHORT 96.90
16/05/202290.6400BUY 99.88
03/05/202294.5700SHORT 97.06
28/04/202295.6700BUY 99.38
22/04/202299.0000SELL 99.98
13/04/202295.6700BUY 97.20
29/03/2022100.7600SELL 97.79
23/03/2022102.5000BUY 100.08
16/03/202296.5000SELL 100.68
09/03/202286.3400BUY 90.62
24/02/202293.3000SELL 91.17
16/02/202297.9400BUY 96.28
14/02/202297.0500SELL 96.86
08/02/202299.0000BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
£100⇨ 
05/08/202270.4900BUY 136.29
30/06/202273.4700SHORT 132.56
27/06/202274.0100BUY 135.15
20/05/202289.0000SHORT 117.07
16/05/202290.6400BUY 120.67
03/05/202294.5700SHORT 117.26
28/04/202295.6700BUY 120.06
22/04/202299.0000SELL 120.78
13/04/202295.6700BUY 117.42
29/03/2022100.7600SELL 118.13
23/03/2022102.5000BUY 120.90
16/03/202296.5000SELL 121.63
09/03/202286.3400BUY 109.48
24/02/202293.3000SELL 110.14
16/02/202297.9400BUY 116.32
14/02/202297.0500SELL 117.02
08/02/202299.0000BUY 120.09
03/02/202299.2900SELL 120.81
31/01/202295.4200BUY 116.80
14/01/2022102.7600SELL 117.51
06/01/202293.5000BUY 107.57
07/12/202199.5000SHORT 102.68
02/12/2021103.0000BUY 107.58
19/11/2021107.0000SHORT 104.96
12/11/2021107.7600BUY 106.99
09/11/2021109.2100SHORT 106.87
05/11/2021110.5000BUY 109.44
15/09/2021141.9600SELL 110.10
26/08/2021127.4000BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
£100⇨ 
05/08/202270.4900BUY 242.01
30/06/202273.4700SHORT 235.39
27/06/202274.0100BUY 239.99
20/05/202289.0000SHORT 207.88
16/05/202290.6400BUY 214.27
03/05/202294.5700SHORT 208.21
28/04/202295.6700BUY 213.18
22/04/202299.0000SELL 214.47
13/04/202295.6700BUY 208.51
29/03/2022100.7600SELL 209.77
23/03/2022102.5000BUY 214.68
16/03/202296.5000SELL 215.98
09/03/202286.3400BUY 194.41
24/02/202293.3000SELL 195.58
16/02/202297.9400BUY 206.55
14/02/202297.0500SELL 207.80
08/02/202299.0000BUY 213.25
03/02/202299.2900SELL 214.54
31/01/202295.4200BUY 207.42
14/01/2022102.7600SELL 208.67
06/01/202293.5000BUY 191.01
07/12/202199.5000SHORT 182.33
02/12/2021103.0000BUY 191.03
19/11/2021107.0000SHORT 186.38
12/11/2021107.7600BUY 189.98
09/11/2021109.2100SHORT 189.76
05/11/2021110.5000BUY 194.33
15/09/2021141.9600SELL 195.50
26/08/2021127.4000BUY 176.51
02/08/2021136.5000SELL 177.58
29/07/2021136.9800BUY 179.28
16/07/2021132.0000SHORT 188.57
07/07/2021136.0000BUY 196.64
28/06/2021133.5000SELL 197.83
24/06/2021132.9600BUY 198.22
21/06/2021132.0000SELL 199.42
11/06/2021129.0000BUY 196.06
08/06/2021128.5400SELL 197.24
01/06/2021121.0000BUY 186.79
14/05/2021126.5500SELL 187.92
22/04/2021107.2800BUY 160.27
16/04/2021113.0000SELL 161.24
29/03/2021100.7300BUY 144.60
18/03/2021102.5000SELL 145.47
02/03/202199.7300BUY 142.39
18/02/2021101.9800SHORT 141.00
08/02/202197.7000BUY 136.72
27/01/202198.2700SELL 137.55
18/01/202184.5000BUY 118.99
13/01/202185.1200SELL 119.71
08/01/202180.0800BUY 113.30
22/12/202083.0000SELL 113.98
09/11/202076.5000BUY 105.69
22/10/202080.4000SELL 106.33
12/10/202080.0900BUY 106.56
07/10/202079.4000SHORT 108.80
02/10/202080.5000BUY 111.64
07/09/202085.5900SELL 112.31
17/08/202075.3000BUY 99.40
† Trade commissions are taken as 0.60%.

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