MARKET STATUS REPORT
Trend:
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 bears are very happy, but they do not want to change their positions yet. In fact, there is not much appetite for confirming bearish patterns.
Money Flow:
Currently, the bulls are very strong and the money is flowing in one direction only, into the market. You also have to know that the bears are not very comfortable and they are closely watching the market for a timely entry.
OVERBOUGHT/OVERSOLD STOCKS
The chart above shows how SON displayed a rally after the BUY signal which was issued on 29/04/2024. Since then, the gain in this stock stretched to a whopping 25%. We see, however, enough hints pointing to the fact that the conditions are now ripening for at least a market correction. Our system confirmed this emerging bearish mood by issuing a SELL signal. The signal has just been issued, so it is not late to run to safety by selling this stock. It is still early to say if this is a decisive market top or merely a correction but it is evidently the right time to take the profits in order to prevent any disappointment in the future.
Watch Recommended Stocks
Sold on
16/05/2024
 
BFT
 
Last Signal
SELL
3209
Sell Level
2942.50
Sold at
2924.58
Close
2755.00
Gain%
-5.80
Bought on
16/05/2024
 
LMG
 
Last Signal
BUY
2102
Buy Level
3.6500
Bought at
3.6800
Close
3.6800
 
 
Sold on
16/05/2024
 
SON
 
Sonel
 
Last Signal
SELL
2202
Sell Level
18.42
Sold at
18.32
Close
18.10
Gain%
-1.20
Sold on
15/05/2024
 
CDA
 
CDA
 
Last Signal
STAY IN CASH
0
 
Sold at
28.80
Close
27.20
Gain%
-5.56
Bought on
15/05/2024
 
GTN
 
Last Signal
STAY LONG
0
 
Bought at
0.4246
Close
0.4610
Gain%
8.57
Sold on
15/05/2024
 
NOV
 
Novina
 
Last Signal
STAY IN CASH
0
 
Sold at
0.9460
Close
0.8900
Gain%
-5.92
Bought on
14/05/2024
 
MDB
 
Last Signal
STAY LONG
2202
Sell Level
0.8220
Bought at
0.7850
Close
0.8700
Gain%
10.83
Sold on
14/05/2024
 
QRS
 
Last Signal
STAY IN CASH
2108
Buy Level
6.8200
Sold at
6.8000
Close
6.6400
Gain%
-2.35
Bought on
14/05/2024
 
SDS
 
Last Signal
STAY LONG
2201
Sell Level
22.40
Bought at
22.50
Close
22.40
Loss%
-0.44
Bought on
13/05/2024
 
PCF
 
Last Signal
SHORT
2202
Sell Level
16.57
Bought at
16.70
Close
16.26
Loss%
-2.63
Sold on
10/05/2024
 
ETL
 
Eurotel
 
Last Signal
STAY IN CASH
2104
Buy Level
47.10
Sold at
46.90
Close
46.90
 
 
Bought on
10/05/2024
 
ICE
 
Last Signal
STAY LONG
2201
Sell Level
7.7200
Bought at
7.7400
Close
7.7200
Loss%
-0.26
Bought on
09/05/2024
 
PXM
 
Last Signal
STAY LONG
0
 
Bought at
3.5380
Close
3.6320
Gain%
2.66
Sold on
08/05/2024
 
DCR
 
Decora
 
Last Signal
STAY IN CASH
60000
Buy Level
65.00
Sold at
62.49
Close
65.80
Loss%
5.30
Bought on
08/05/2024
 
OLY
 
Olymp
 
Last Signal
STAY LONG
2203
Sell Level
0.4477
Bought at
0.4337
Close
0.4750
Gain%
9.52
Bought on
07/05/2024
 
THG
 
Last Signal
STAY LONG
2205
Sell Level
10.00
Bought at
8.9800
Close
10.70
Gain%
19.15
Bought on
06/05/2024
 
GOP
 
Last Signal
STAY LONG
2202
Sell Level
22.22
Bought at
22.22
Close
22.50
Gain%
1.26
Sold on
06/05/2024
 
NWG
 
Newag
 
Last Signal
BUY
2105
Buy Level
27.90
Sold at
28.30
Close
28.00
Gain%
-1.06
Sold on
02/05/2024
 
PMG
 
Last Signal
STAY IN CASH
2103
Buy Level
4.3800
Sold at
4.2000
Close
3.9400
Gain%
-6.19
Sold on
30/04/2024
 
CHP
 
Last Signal
STAY IN CASH
2102
Buy Level
15.00
Sold at
16.29
Close
13.95
Gain%
-14.36
Sold on
25/04/2024
 
ARH
 
Last Signal
BUY
2102
Buy Level
34.00
Sold at
35.29
Close
34.90
Gain%
-1.11
Bought on
25/04/2024
 
BSH
 
Last Signal
STAY LONG
2203
Sell Level
4.4050
Bought at
4.2200
Close
4.5400
Gain%
7.58
Sold on
22/04/2024
 
SFS
 
Last Signal
STAY IN CASH
2111
Buy Level
0.7400
Sold at
0.7420
Close
0.7260
Gain%
-2.16
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