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by Americanbulls.com LLC
  • English
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Last Update
09/04/2021
MARKET STATUS REPORT, 09/04/2021
The market is moving SIDEWAYS for the moment. The bulls have an upper hand, but the bears are also not sleeping. 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 slightly stronger but the flow of money is rather balanced. You have to also know that the money waiting at the sidelines is not comfortable anymore. Sideliners are worried that they may be missing the bulls’ train.
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Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2109>BULLISH MATCHING LOW</a>...VJGZ VAREGANNEFTEGAZ Close : 1605.0000 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 VJGZ declined after the SELL signal which was issued on 25/01/2021. Since then, the stock price edged down by a hefty 40.51%. The bearish sentiment may be over now. Our system detected a BULLISH MATCHING LOW 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 MATCHING LOW pattern, if confirmed, indicates an upside potential of 15.90%. 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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