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by Americanbulls.com LLC
  • English
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Last Update
17/09/2021
MARKET STATUS REPORT, 17/09/2021
The market is BEARISH for the moment. The bears are dominating the market. On the other hand, we cannot say that the bears are very happy, but they do not want to change their positions yet. Currently, the bulls are stronger and more money is flowing into the market. You have to also know that the money invested in shares does not feel safe anymore. Investors are worried that they may go down with the market.
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Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=3109>BULLISH DELIBERATION BLOCK</a>...CIE CIE AUTOMOTIVE Close : 21.8800 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 CIE declined after the SELL signal which was issued on 17/08/2021. Since then, the stock price edged down by a hefty 14.26%. The bearish sentiment may be over now. Our system detected a BULLISH DELIBERATION BLOCK 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 DELIBERATION BLOCK pattern, if confirmed, indicates an upside potential of 0.00%. 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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