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by Americanbulls.com LLC
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Last Update
20/03/2023
MARKET STATUS REPORT, 20/03/2023
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 stronger and more money is flowing out of 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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The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2102>BULLISH HARAMI</a>...SWDY.CA السويدى اليكتريك Close : 12.1300 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 SWDY.CA declined after the SELL signal which was issued on 08/03/2023. Since then, the stock price edged down by a hefty 11.72%. 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 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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