Title
by Americanbulls.com LLC
Last Update
24/04/2018
MCGN.L
MICROGEN
Last Signal: SHORT
Last Pattern: BEARISH HARAMI CROSS
Last Close:
446.0000
Change:
-4.0000
Percent change
-0.89%
Signal Update
Our system’s recommendation today is to SHORT. The BEARISH HARAMI CROSS pattern finally received a confirmation because the prices crossed below the confirmation level which was at 447.5000, and our valid average selling price stands now at 447.0000. The previous BUY signal was issued on 10/04/2018, 14 days ago, when the stock price was 445.5000. Since then MCGN.L has risen by +0.34%.
Market Outlook
The bears have strong evidence and this evidence prompts us to make a bearish bet. The bearish pattern that was previously identified is finally confirmed and a SHORT signal is generated. Follow the signal and profit from the bearish enthusiasm before it is too late. SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop loss. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is a major bearish reversal pattern, which is even more significant than a regular Bearish Harami. The outline again looks like a pregnant woman, as with the Bearish Harami Pattern. However, now the baby is a Doji. Basically, the pattern is characterized by a white body followed by a Doji that is completely inside the range of the prior white body. more...
Signal History
Date 
Price 
Signal 
 
£100⇨ 
24/04/2018447.0000SHORT 165.44
10/04/2018445.5000BUY 166.88
09/03/2018505.2500SELL 167.89
20/02/2018446.5000BUY 149.26
15/02/2018432.7500SHORT 156.02
08/02/2018387.5000BUY 141.40
19/01/2018453.5000SHORT 124.93
17/01/2018454.5000BUY 126.72
10/01/2018466.0000SELL 127.48
14/12/2017457.0000BUY 125.77
06/12/2017471.5000SELL 126.53
21/11/2017389.2500BUY 105.09
06/11/2017447.0000SELL 105.72
24/10/2017417.7500BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
£100⇨ 
24/04/2018447.0000SHORT 229.66
10/04/2018445.5000BUY 231.66
09/03/2018505.2500SELL 233.06
20/02/2018446.5000BUY 207.20
15/02/2018432.7500SHORT 216.59
08/02/2018387.5000BUY 196.29
19/01/2018453.5000SHORT 173.43
17/01/2018454.5000BUY 175.92
10/01/2018466.0000SELL 176.98
14/12/2017457.0000BUY 174.61
06/12/2017471.5000SELL 175.66
21/11/2017389.2500BUY 145.89
06/11/2017447.0000SELL 146.77
24/10/2017417.7500BUY 137.99
20/10/2017434.0000SHORT 134.62
18/10/2017439.0000BUY 137.82
02/10/2017484.5000SELL 138.65
20/09/2017446.5000BUY 128.55
12/09/2017500.5000SELL 129.33
14/08/2017437.9600BUY 113.85
09/08/2017439.5400SELL 114.54
17/07/2017394.9300BUY 103.54
13/07/2017388.5000SELL 104.17
06/07/2017339.0000BUY 91.45
21/06/2017316.6200SHORT 99.60
02/06/2017320.3300BUY 101.99
18/05/2017330.1100SELL 102.61
28/04/2017317.8750BUY 99.40
† Trade commissions are taken as 0.60%.
Date 
Price 
Signal 
 
£100⇨ 
24/04/2018447.0000SHORT 520.68
10/04/2018445.5000BUY 525.22
09/03/2018505.2500SELL 528.39
20/02/2018446.5000BUY 469.77
15/02/2018432.7500SHORT 491.06
08/02/2018387.5000BUY 445.04
19/01/2018453.5000SHORT 393.20
17/01/2018454.5000BUY 398.84
10/01/2018466.0000SELL 401.25
14/12/2017457.0000BUY 395.88
06/12/2017471.5000SELL 398.27
21/11/2017389.2500BUY 330.78
06/11/2017447.0000SELL 332.78
24/10/2017417.7500BUY 312.88
20/10/2017434.0000SHORT 305.24
18/10/2017439.0000BUY 312.50
02/10/2017484.5000SELL 314.39
20/09/2017446.5000BUY 291.48
12/09/2017500.5000SELL 293.24
14/08/2017437.9600BUY 258.15
09/08/2017439.5400SELL 259.71
17/07/2017394.9300BUY 234.76
13/07/2017388.5000SELL 236.18
06/07/2017339.0000BUY 207.33
21/06/2017316.6200SHORT 225.80
02/06/2017320.3300BUY 231.21
18/05/2017330.1100SELL 232.61
28/04/2017317.8750BUY 225.34
26/04/2017318.3750SELL 226.70
21/04/2017290.5498BUY 208.14
18/04/2017297.1900SELL 209.40
29/03/2017267.8000BUY 189.83
17/03/2017270.1000SELL 190.98
15/03/2017273.9000BUY 194.84
10/03/2017260.0000SELL 196.02
07/12/2016179.8750BUY 136.43
07/11/2016183.0000SHORT 135.76
16/09/2016187.8332BUY 141.03
14/09/2016187.2000SELL 141.88
08/09/2016182.3000BUY 139.00
23/08/2016190.2200SELL 139.84
19/08/2016191.4000BUY 141.56
17/08/2016190.6250SELL 142.41
12/08/2016190.9200BUY 143.49
01/08/2016197.3000SELL 144.36
29/06/2016137.4000BUY 101.14
20/05/2016153.1700SELL 101.75
10/05/2016148.7400BUY 99.40
† Trade commissions are taken as 0.60%.

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