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by Americanbulls.com LLC
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Last Update
09/04/2021
MARKET STATUS REPORT, 27/11/2019
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. Currently, the bulls are slightly stronger but the flow of money is rather balanced. You have to also know that the money waiting at the sidelines is getting more and more impatient for an entry!
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The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=4201>BEARISH THREE GAP UPS</a>...RAM.LS RAMADA Close : 7.4200 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 RAM.LS burst higher after the BUY signal that was issued on 14/04/2021. Since then, the stock price refused to ease back and recorded a whopping gain of 34.91%. Market’s upward beat, however, is in question now. Our system detected a BEARISH THREE GAP UPS pattern which may be a sign of a market mood switching from bullish to bearish. This pattern deserves utmost attention, since its confirmation may well mean the end of heady sprint we witnessed so far. The BEARISH THREE GAP UPS pattern, if confirmed, indicates a downside potential of 0.00%. It is still early to tell if this is a market top or just a correction, but we are confident that this may be a unique opportunity to take profits. However, some patience is required at this point! Do not forget that confirmation is the prerequisite for saying goodbye to the bullish camp!
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