MARKET STATUS REPORT
Trend:
The market is BEARISH for the moment. The bears are dominating the market. 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. In fact, there is not much appetite for confirming bearish patterns.
Money Flow:
Currently, the bears are stronger and more money is flowing out of the market. You also have to know that the money waiting at the sidelines is not comfortable anymore. Sideliners are worried that they may be missing the bulls’ train.
OVERBOUGHT/OVERSOLD STOCKS
The chart above shows how RDS.V displayed a rally after the BUY signal which was issued on 09/12/2024. Since then, the gain in this stock stretched to a whopping 14%. 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
Sold on
20/12/2024
 
RDS.V
 
Last Signal
SELL
3201
Sell Level
0.3400
Sold at
0.3320
Close
0.3250
Gain%
-2.11
Bought on
20/12/2024
 
TUD.V
 
Last Signal
BUY
2108
Buy Level
0.6475
Bought at
0.6600
Close
0.6700
Gain%
1.52
Sold on
19/12/2024
 
KLD.V
 
Last Signal
STAY IN CASH
2101
Buy Level
1.1800
Sold at
1.1400
Close
1.1800
Loss%
3.51
Bought on
19/12/2024
 
RUA.V
 
Last Signal
STAY LONG
70000
Sell Level
0.6500
Bought at
0.6850
Close
0.6100
Loss%
-10.95
Sold on
18/12/2024
 
GIII.V
 
Last Signal
STAY IN CASH
2101
Buy Level
0.3700
Sold at
0.3450
Close
0.3650
Loss%
5.80
Bought on
18/12/2024
 
NSCI.V
 
Last Signal
STAY LONG
2202
Sell Level
0.2875
Bought at
0.2805
Close
0.3100
Gain%
10.52
Bought on
17/12/2024
 
ALDE.V
 
Last Signal
STAY LONG
2205
Sell Level
1.7200
Bought at
1.7450
Close
2.1200
Gain%
21.49
Sold on
17/12/2024
 
RML.V
 
Last Signal
BUY
2102
Buy Level
0.8100
Sold at
0.8300
Close
0.9000
Loss%
8.43
Sold on
16/12/2024
 
PNPN.V
 
Last Signal
BUY
2103
Buy Level
0.9150
Sold at
0.8900
Close
0.9200
Loss%
3.37
Sold on
13/12/2024
 
PNG.V
 
Last Signal
BUY
2108
Buy Level
2.5100
Sold at
2.7000
Close
2.6150
Gain%
-3.15
Bought on
12/12/2024
 
GLDC.V
 
Last Signal
STAY LONG
2208
Sell Level
0.1950
Bought at
0.2000
Close
0.1950
Loss%
-2.50
Sold on
12/12/2024
 
HAN.V
 
Last Signal
STAY IN CASH
2103
Buy Level
0.7050
Sold at
0.7900
Close
0.6800
Gain%
-13.92
Sold on
10/12/2024
 
NDA.V
 
Last Signal
STAY IN CASH
2101
Buy Level
1.1400
Sold at
1.1400
Close
1.1400
 
 
Sold on
06/12/2024
 
LCE.V
 
Last Signal
STAY IN CASH
0
 
Sold at
0.3100
Close
0.2700
Gain%
-12.90
Sold on
04/12/2024
 
COSA.V
 
Last Signal
STAY IN CASH
2103
Buy Level
0.2775
Sold at
0.2900
Close
0.2650
Gain%
-8.62
Sold on
27/11/2024
 
MD.V
 
Last Signal
STAY IN CASH
2102
Buy Level
0.2900
Sold at
0.3460
Close
0.2900
Gain%
-16.18
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