Title
by Americanbulls.com LLC
  • English
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Last Update
20/10/2017
MARKET STATUS REPORT, 20/10/2017
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 stronger and more money is flowing out of the market. You have to also know that the bears are not very comfortable and they are closely watching the market for a timely entry.
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BULLISH PATTERNS
 
TEF (IBEX)
 
 
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Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2108>BULLISH HOMING PIGEON</a>...TEF TELEFONICA Close : 8.8640 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 TEF declined after the SELL signal which was issued on 16/10/2017. Since then, the stock price edged down by a hefty 3.17%. The bearish sentiment may be over now. Our system detected a BULLISH HOMING PIGEON pattern which may be a sign of a market mood switching from bearish to bullish. This pattern deserves utmost attention because BUY orders must be placed immediately in case of a confirmation. The BULLISH HOMING PIGEON pattern, if confirmed, indicates an upside potential of -3.34%. The massive pullback may be over, but patience is required at this point! Do not forget that confirmation is the prerequisite for any further move!
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Last EOD Update Results 
Date 
Symbol 
Signal 
Avg. Price 
Signal 
Pattern 
Last 
Change% 
18/10/2017
QBT  
BUY1.5320STAY LONG
2202
1.5500+1.17

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