Title
by Americanbulls.com LLC
  • English
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Last Update
23/09/2019
MARKET STATUS REPORT, 23/09/2019
The market is BEARISH for the moment. The bears are dominating the market. 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 very strong and the money is flowing in one direction only, out of the market. You have to also know that the money invested in the shares is getting more and more impatient for an exit!
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Title
Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2202>BEARISH HARAMI</a>...GTN GETIN HOLDING Close : 1.4100 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 the bullish rally of GTN after the BUY signal which was issued on 13/09/2019. The stock price edged up with a decent gain of 48.11%. The bullish mood, however, may be over. Our system detected a BEARISH HARAMI pattern which may be a sign of a market sentiment switching from bullish to bearish. This pattern deserves utmost attention because STAY LONG positions must be opened immediately in case of a confirmation. The BEARISH HARAMI pattern, if confirmed, indicates a downside potential of 5.96%. The bullish reaction rally 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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