The chart above shows how
AMLAK.DU declined after the
SELL signal which was issued on 05/05/2023. Since then, the stock price edged down by a hefty 8.89%. The bearish sentiment may be over now. Our system detected a
BULLISH ENGULFING 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 massive pullback may be over, but patience is required at this point! Do not forget that confirmation is the prerequisite for any further move!