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by Americanbulls.com LLC
  • English
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Last Update
07/05/2021
MARKET STATUS REPORT, 07/05/2021
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 can say that there are considerable signs of unrest among the bears. They may be seriously considering taking long positions, too. 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 bulls are not very comfortable and they are closely watching the market for a timely exit.
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The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2111>BULLISH ONE WHITE SOLDIER</a>...SIBG SIBIRSKIY GOSTINETS Close : 0.1950 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 SIBG declined after the SELL signal which was issued on 05/04/2021. Since then, the stock price edged down by a hefty 36.07%. The bearish sentiment may be over now. Our system detected a BULLISH ONE WHITE SOLDIER 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 ONE WHITE SOLDIER pattern, if confirmed, indicates an upside potential of 2.39%. 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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