MARKET STATUS REPORT
Trend:
The market is BULLISH for the moment. The bulls 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. In fact, there is not much appetite for confirming bearish patterns.
Money Flow:
Currently, the bulls are slightly stronger but the flow of money is rather balanced. 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 IBM.VI burst higher after the BUY signal that was issued on 21.11.2024. Since then, the stock price refused to ease back and recorded a whopping gain of 4%. Market’s upward beat, however, is in question now. Our system detected a BEARISH THREE GAP UPS pattern which may be a sign of a market mood switching from bullish to bearish. This pattern deserves utmost attention, since its confirmation may well mean the end of heady sprint we witnessed so far. It is still early to tell if this is a market top or just a correction, but we are confident that this may be a unique opportunity to take profits. However, some patience is required at this point! Do not forget that confirmation is the prerequisite for saying goodbye to the bullish camp!
Watch Recommended Stocks
Bought on
22.11.2024
 
MRNA.VI
 
Moderna
 
Last Signal
BUY
2102
Buy Level
36.40
Bought at
36.66
Close
40.36
Gain%
10.09
Bought on
22.11.2024
 
PKTM.VI
 
Last Signal
BUY
2102
Buy Level
9.1000
Bought at
9.5600
Close
10.40
Gain%
8.79
Bought on
21.11.2024
 
EIOS.VI
 
Last Signal
STAY LONG
2205
Sell Level
62.50
Bought at
62.11
Close
62.50
Gain%
0.63
Bought on
21.11.2024
 
KO.VI
 
Last Signal
STAY LONG
4201
Sell Level
61.04
Bought at
59.99
Close
61.35
Gain%
2.27
Bought on
20.11.2024
 
VLA.VI
 
Valneva
 
Last Signal
STAY LONG
70000
Sell Level
2.0560
Bought at
2.1660
Close
2.0200
Loss%
-6.74
Bought on
20.11.2024
 
ZAG.VI
 
Last Signal
STAY LONG
70000
Sell Level
4.9300
Bought at
4.9900
Close
4.9800
Loss%
-0.20
Sold on
19.11.2024
 
DOC.VI
 
Last Signal
STAY IN CASH
60000
Buy Level
162.00
Sold at
157.08
Close
158.00
Loss%
0.59
Bought on
19.11.2024
 
PFE.VI
 
Pfizer
 
Last Signal
STAY LONG
2201
Sell Level
23.52
Bought at
23.68
Close
24.66
Gain%
4.14
Bought on
18.11.2024
 
FQT.VI
 
Last Signal
SHORT
70000
Sell Level
23.70
Bought at
24.37
Close
23.60
Loss%
-3.16
Sold on
18.11.2024
 
PYPL.VI
 
Last Signal
STAY IN CASH
3107
Buy Level
83.01
Sold at
81.51
Close
83.01
Loss%
1.84
Sold on
15.11.2024
 
AMZN.VI
 
Last Signal
STAY IN CASH
2102
Buy Level
190.50
Sold at
198.40
Close
189.90
Gain%
-4.28
Bought on
15.11.2024
 
BMW.VI
 
BMW
 
Last Signal
STAY LONG
0
 
Bought at
67.89
Close
67.76
Loss%
-0.19
Bought on
14.11.2024
 
CAI.VI
 
Last Signal
STAY LONG
0
 
Bought at
22.13
Close
22.98
Gain%
3.84
Sold on
11.11.2024
 
META.VI
 
Last Signal
STAY IN CASH
3104
Buy Level
531.80
Sold at
545.90
Close
534.00
Gain%
-2.18
Bought on
06.11.2024
 
POS.VI
 
Porr
 
Last Signal
STAY LONG
2202
Sell Level
15.16
Bought at
14.45
Close
15.90
Gain%
10.03
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