Title
by Americanbulls.com LLC
Last Update
14/06/2019
ELCO.L
ELECOSOFT
Last Signal: BUY
Last Pattern: BULLISH HARAMI CROSS
Last Close:
76.0000
Change:
+1.0000
Percent change
+1.33%
Signal Update
Our system’s recommendation today is to BUY. The BULLISH HARAMI CROSS pattern finally received a confirmation because the prices crossed above the confirmation level which was at 75.1000, and our valid average buying price stands now at 75.7300. The previous SHORT signal was issued on 17/05/2019, 28 days ago, when the stock price was 80.5000. Since then ELCO.L has fallen by -5.93%.
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 possible new profit. Do not miss this chance. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is a major bullish reversal pattern, which is even more significant than a regular Bullish Harami. The outline again looks like a pregnant woman, as with the Bullish Harami Pattern. However, now the baby is a Doji. Basically, the pattern is characterized by a black body followed by a Doji that is completely inside the range of the prior black body. more...
Signal History
Date 
Price 
Signal 
 
£100⇨ 
14/06/201975.7300BUY 117.02
17/05/201980.5000SHORT 111.81
09/05/201982.9300BUY 116.58
09/04/201982.3000SELL 117.28
18/03/201974.6300BUY 106.99
13/03/201973.1200SELL 107.64
08/03/201971.1000BUY 105.30
11/02/201972.5000SELL 105.94
07/02/201974.6300BUY 109.71
30/01/201974.8400SELL 110.37
11/01/201967.0000BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
£100⇨ 
14/06/201975.7300BUY 126.80
17/05/201980.5000SHORT 121.16
09/05/201982.9300BUY 126.33
09/04/201982.3000SELL 127.09
18/03/201974.6300BUY 115.94
13/03/201973.1200SELL 116.64
08/03/201971.1000BUY 114.10
11/02/201972.5000SELL 114.79
07/02/201974.6300BUY 118.88
30/01/201974.8400SELL 119.60
11/01/201967.0000BUY 107.72
17/12/201871.5000SELL 108.37
03/12/201872.1100BUY 109.95
13/11/201873.8600SHORT 108.71
07/11/201873.7450BUY 109.85
27/09/201884.2500SELL 110.51
20/09/201883.4800BUY 110.16
23/08/201883.5000SELL 110.82
17/08/201880.7100BUY 107.76
18/07/201882.7500SELL 108.41
04/07/201875.4200BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
£100⇨ 
14/06/201975.7300BUY 210.71
17/05/201980.5000SHORT 201.33
09/05/201982.9300BUY 209.92
09/04/201982.3000SELL 211.19
18/03/201974.6300BUY 192.66
13/03/201973.1200SELL 193.82
08/03/201971.1000BUY 189.60
11/02/201972.5000SELL 190.74
07/02/201974.6300BUY 197.53
30/01/201974.8400SELL 198.72
11/01/201967.0000BUY 178.98
17/12/201871.5000SELL 180.06
03/12/201872.1100BUY 182.69
13/11/201873.8600SHORT 180.62
07/11/201873.7450BUY 182.52
27/09/201884.2500SELL 183.62
20/09/201883.4800BUY 183.04
23/08/201883.5000SELL 184.14
17/08/201880.7100BUY 179.06
18/07/201882.7500SELL 180.14
04/07/201875.4200BUY 165.17
14/06/201886.2000SELL 166.17
12/06/201889.5000BUY 173.57
08/06/201885.2100SELL 174.62
18/04/201855.0000BUY 113.39
29/03/201853.5000SELL 114.07
26/03/201850.2100BUY 107.70
21/03/201848.7700SHORT 112.32
08/02/201844.4200BUY 103.54
05/02/201845.0000SELL 104.16
10/01/201842.1100BUY 98.06
12/12/201744.5600SELL 98.65
07/12/201745.4300BUY 101.18
09/11/201744.0600SELL 101.79
19/10/201744.9300BUY 104.43
11/10/201745.7900SELL 105.06
12/09/201741.6500BUY 96.14
08/08/201746.5000SELL 96.72
27/07/201747.5000BUY 99.40
† Trade commissions are taken as 0.60%.

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