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by Americanbulls.com LLC
  • English
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Last Update
15/11/2018
MARKET STATUS REPORT, 15/11/2018
The market is BEARISH for the moment. The bears 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 money invested in shares does not feel safe anymore. Investors are worried that they may go down with the market.
Recommended Shares
 
BULLISH PATTERNS
 
OBUV.MM (MICEX)
 
 
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Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=1101>BULLISH HAMMER</a>...OBUV.MM Obuv Close : 70.6500 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 OBUV.MM declined after the SELL signal which was issued on 01/10/2018. Since then, the stock price edged down by a hefty 21.28%. The bearish sentiment may be over now. Our system detected a BULLISH HAMMER 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 HAMMER pattern, if confirmed, indicates an upside potential of 0.00%. 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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