Title
by Americanbulls.com LLC
  • English
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Last Update
21/11/2018
MARKET STATUS REPORT, 21/11/2018
The market is EXTREMELY BEARISH for the moment. The bulls have totally disappeared. They must be hiding behind the woods, waiting for the right time for a counterattack! 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 very strong and the money is flowing in one direction only, out of 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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EUROB (ATHENS)
 
 
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Title
Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=3108>BULLISH DESCENT BLOCK</a>...EUROB EUROBANK ERGASIAS/R Close : 0.4444 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 EUROB declined after the SELL signal which was issued on 12/11/2018. Since then, the stock price edged down by a hefty 24.16%. The bearish sentiment may be over now. Our system detected a BULLISH DESCENT BLOCK 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 DESCENT BLOCK pattern, if confirmed, indicates an upside potential of 5.30%. 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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