Title
by Americanbulls.com LLC
  • English
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Last Update
18/09/2018
MARKET STATUS REPORT, 18/09/2018
The market is BULLISH for the moment. The bulls are dominating the market. On the other hand, we cannot say that the bears are very happy, but they do not want to change their positions yet. Currently, the bulls are very strong and the money is flowing in one direction only, into the market. You have to also know that the money waiting at the sidelines is getting more and more impatient for an entry!
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MGVM (MICEX)
 
 
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Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2107>BULLISH MEETING LINE</a>...MGVM VOYNA I MIR MG Close : 0.4700 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 MGVM declined after the SELL signal which was issued on 02/08/2018. Since then, the stock price edged down by a hefty 19.66%. The bearish sentiment may be over now. Our system detected a BULLISH MEETING LINE 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 MEETING LINE pattern, if confirmed, indicates an upside potential of 12.03%. 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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