Title
by Americanbulls.com LLC
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Last Update
30/09/2022
MARKET STATUS REPORT, 30/09/2022
The market is BEARISH for the moment. The bears are dominating the market. On the other hand, we can say that there are considerable signs of unrest among the bears. They may be seriously considering taking long positions, too. Currently, the bears are very strong and the money is flowing in one direction only, out of the market. You have to also know that the money waiting at the sidelines is getting more and more impatient for an entry!
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The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2102>BULLISH HARAMI</a>...BST BIOTECHNOLOGY Close : 0.1000 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 BST declined after the SELL signal which was issued on 04/08/2022. Since then, the stock price edged down by a hefty 45.05%. The bearish sentiment may be over now. Our system detected a BULLISH HARAMI 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 HARAMI pattern, if confirmed, indicates an upside potential of 21.45%. 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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