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by Americanbulls.com LLC
  • English
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Last Update
01/04/2020
MARKET STATUS REPORT, 01/04/2020
The market is BULLISH for the moment. The bulls 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 bulls are stronger and more money is flowing into the market. You have to also know that the bears are not very comfortable and they are closely watching the market for a timely entry.
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The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=3101>BULLISH MORNING STAR</a>...AFLT AEROFLOT-ROSSIYSKIYE AVIALINII Close : 68.0000 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 AFLT declined after the SELL signal which was issued on 20/02/2020. Since then, the stock price edged down by a hefty 41.75%. The bearish sentiment may be over now. Our system detected a BULLISH MORNING STAR 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 BULLISH MORNING STAR pattern, if confirmed, indicates an upside potential of -2.50%. 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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