MARKET STATUS REPORT
Trend:
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. In fact, there is not much appetite for confirming bearish patterns.
Money Flow:
Currently, the bulls are slightly stronger but the flow of money is rather balanced. You also have to know that the bears are not very comfortable and they are closely watching the market for a timely entry.
OVERBOUGHT/OVERSOLD STOCKS
The chart above shows how EPF.V displayed a rally after the BUY signal which was issued on 25/11/2024. Since then, the gain in this stock stretched to a whopping 22%. We see, however, enough hints pointing to the fact that the conditions are now ripening for at least a market correction. Our system confirmed this emerging bearish mood by issuing a SELL signal. The signal has just been issued, so it is not late to run to safety by selling this stock. It is still early to say if this is a decisive market top or merely a correction but it is evidently the right time to take the profits in order to prevent any disappointment in the future.
Watch Recommended Stocks
Bought on
27/12/2024
 
BFM.V
 
Last Signal
BUY
2101
Buy Level
0.3750
Bought at
0.3890
Close
0.4900
Gain%
25.96
Sold on
27/12/2024
 
EPF.V
 
Last Signal
SELL
2211
Sell Level
0.5000
Sold at
0.4900
Close
0.4900
 
 
Bought on
24/12/2024
 
MGG.V
 
Last Signal
STAY LONG
0
 
Bought at
0.1870
Close
0.1800
Loss%
-3.74
Sold on
24/12/2024
 
PWM.V
 
Last Signal
STAY IN CASH
0
 
Sold at
0.4550
Close
0.4550
 
 
Bought on
23/12/2024
 
DEF.V
 
Last Signal
STAY LONG
2203
Sell Level
0.1950
Bought at
0.1895
Close
0.1950
Gain%
2.90
Sold on
23/12/2024
 
EMO.V
 
Last Signal
STAY IN CASH
2103
Buy Level
1.1900
Sold at
1.1500
Close
1.1700
Loss%
1.74
Sold on
20/12/2024
 
RDS.V
 
Last Signal
STAY IN CASH
2103
Buy Level
0.3225
Sold at
0.3320
Close
0.3200
Gain%
-3.61
Sold on
19/12/2024
 
KLD.V
 
Last Signal
BUY
2101
Buy Level
1.1800
Sold at
1.1400
Close
1.2900
Loss%
13.16
Bought on
18/12/2024
 
NSCI.V
 
Last Signal
STAY LONG
2202
Sell Level
0.2875
Bought at
0.2805
Close
0.3200
Gain%
14.08
Bought on
12/12/2024
 
GLDC.V
 
Last Signal
SHORT
2208
Sell Level
0.1950
Bought at
0.2000
Close
0.1900
Loss%
-5.00
Sold on
10/12/2024
 
NDA.V
 
Last Signal
STAY IN CASH
2103
Buy Level
1.0900
Sold at
1.1400
Close
1.0800
Gain%
-5.26
Sold on
06/12/2024
 
LCE.V
 
Last Signal
STAY IN CASH
2103
Buy Level
0.2500
Sold at
0.3100
Close
0.2500
Gain%
-19.35
Disclaimers:

Americanbulls.com LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, Americanbulls.com LLC relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. As such, Americanbulls.com LLC does not offer or provide personalized investment advice. This site and all others owned and operated by Americanbulls.com LLC are bona fide publications of general and regular circulation offering impersonal investment-related advice to member and /or prospective members.

Canadabulls.com is an independent website. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

Therefore, Canadabulls.com and Americanbulls.com LLC is exempt from the definition of “investment adviser” as provided under Section 202(a) (11) of the Investment Advisers Act of 1940 and corresponding state securities laws, and hence registration as such is not required. We are not a registered broker-dealer. Material provided by Americanbulls.com LLC is for informational purposes only, and that no mention of a particular security in any of our materials constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent that any of the information obtained from Americanbulls.com LLC may be deemed to be investment opinion, such information is impersonal and not tailored to the investment needs of any specific person. Americanbulls.com LLC does not promise, guarantee or imply verbally or in writing that any information provided through our websites, commentaries, or reports, in any printed material, or displayed on any of our websites, will result in a profit or loss.

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Canadabulls.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.

You agree that Canadabulls.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.
read more