Title
by Americanbulls.com LLC
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Last Update
01/06/2020
MARKET STATUS REPORT, 01/06/2020
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 bulls 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>...ALPHA ALPHA BANK R Close : 0.5560 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 ALPHA declined after the SELL signal which was issued on 29/05/2020. Since then, the stock price edged down by a hefty 3.99%. 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 6.53%. 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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