Title
by Americanbulls.com LLC
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Last Update
24/02/2021
MARKET STATUS REPORT, 24/02/2021
The market is moving SIDEWAYS for the moment. The bears have an upper hand, but the bulls 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 bears are stronger and more money is flowing out of the market. 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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The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2108>BULLISH HOMING PIGEON</a>...TENERGY TERNA ENERGY R Close : 12.4000 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 TENERGY declined after the SELL signal which was issued on 16/02/2021. Since then, the stock price edged down by a hefty 13.35%. The bearish sentiment may be over now. Our system detected a BULLISH HOMING PIGEON 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 HOMING PIGEON pattern, if confirmed, indicates an upside potential of 5.77%. 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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