DROME ATHENS
Dromeas of fice Furniture Industry
SHORT
Close
0.3280
Prev.Close
0.3570
Change
-0.0290
Change%
-8.12%
BEARISH HARAMI CROSS
Sold at
0.3470
Open
0.3500
High
0.3500
Low
0.3280
Close
0.3280
Gain%
-5.48%
Signal History
Pattern & Confirmation Chart for the Last 6 Months
Our system’s recommendation today is to SHORT. The BEARISH HARAMI CROSS pattern finally received a confirmation because the prices crossed below the confirmation level which was at 0.3530, and our valid average selling price stands now at 0.3470. The previous BUY signal was issued on 27/09/2023, 6 days ago, when the stock price was 0.3580. Since then DROME has fallen by -3.07%.
The bears have strong evidence and this evidence prompts us to make a bearish bet. Today’s candlestick has a black body and its close is below the confirmation level. The bearish pattern that was previously identified is finally confirmed and a SHORT signal is generated. Follow the signal and profit from the bearish enthusiasm before it is too late. SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop loss.
This is a major bearish reversal pattern, which is even more significant than a regular Bearish Harami. The outline again looks like a pregnant woman, as with the Bearish Harami Pattern. However, now the baby is a Doji. Basically, the pattern is characterized by a white body followed by a Doji that is completely inside the range of the prior white body. more...
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