MARKET STATUS REPORT
Trend:
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 bears are very happy, but they do not want to change their positions yet. In fact, there is not much appetite for confirming bearish patterns.
Money Flow:
Currently, the bulls are slightly stronger but the flow of money is rather balanced. You also have to know that the money waiting at the sidelines is getting more and more impatient for an entry!
OVERBOUGHT/OVERSOLD STOCKS
The chart above shows how ACEN.PS displayed a rally after the BUY signal which was issued on 18/04/2024. Since then, the gain in this stock stretched to a whopping 54%. We see, however, enough hints pointing to the fact that the conditions are now ripening for at least a market correction. Our system confirmed this emerging bearish mood by issuing a SELL signal. The signal has just been issued, so it is not late to run to safety by selling this stock. It is still early to say if this is a decisive market top or merely a correction but it is evidently the right time to take the profits in order to prevent any disappointment in the future.
Watch Recommended Stocks
Sold on
17/05/2024
 
ACEN.PS
 
Last Signal
SELL
2204
Sell Level
5.1000
Sold at
5.0100
Close
4.9000
Gain%
-2.20
Bought on
17/05/2024
 
CNPF.PS
 
Last Signal
BUY
2101
Buy Level
33.75
Bought at
33.80
Close
33.80
 
 
Sold on
17/05/2024
 
MWC.PS
 
Last Signal
SELL
2206
Sell Level
26.80
Sold at
26.66
Close
26.60
Gain%
-0.23
Bought on
17/05/2024
 
RCI.PS
 
Last Signal
BUY
2102
Buy Level
3.0550
Bought at
3.0850
Close
4.1000
Gain%
32.90
Bought on
16/05/2024
 
Last Signal
STAY LONG
2206
Sell Level
10.17
Bought at
10.04
Close
10.20
Gain%
1.59
Sold on
16/05/2024
 
Last Signal
STAY IN CASH
2102
Buy Level
11.50
Sold at
11.59
Close
11.50
Gain%
-0.78
Sold on
16/05/2024
 
PNB.PS
 
Last Signal
STAY IN CASH
0
 
Sold at
23.42
Close
23.00
Gain%
-1.79
Bought on
15/05/2024
 
BC.PS
 
Last Signal
STAY LONG
0
 
Bought at
4.1500
Close
4.1800
Gain%
0.72
Sold on
15/05/2024
 
PLUS.PS
 
Last Signal
STAY IN CASH
2104
Buy Level
13.51
Sold at
13.79
Close
13.42
Gain%
-2.68
Sold on
14/05/2024
 
ABS.PS
 
ABS-CBN
 
Last Signal
BUY
2105
Buy Level
6.1000
Sold at
6.2900
Close
6.4000
Loss%
1.75
Sold on
14/05/2024
 
CHIB.PS
 
Last Signal
STAY IN CASH
2102
Buy Level
38.60
Sold at
38.41
Close
38.00
Gain%
-1.07
Bought on
14/05/2024
 
SMPH.PS
 
Last Signal
STAY LONG
0
 
Bought at
27.04
Close
29.20
Gain%
7.99
Bought on
13/05/2024
 
ELI.PS
 
Last Signal
STAY LONG
0
 
Bought at
0.1540
Close
0.1500
Loss%
-2.60
Sold on
13/05/2024
 
NIKL.PS
 
Last Signal
STAY IN CASH
2102
Buy Level
4.0150
Sold at
4.1300
Close
4.0600
Gain%
-1.69
Bought on
13/05/2024
 
PX.PS
 
Last Signal
SELL
2203
Sell Level
3.0400
Bought at
2.9450
Close
2.9900
Gain%
1.53
Sold on
10/05/2024
 
FLI.PS
 
Last Signal
STAY IN CASH
2105
Buy Level
0.7000
Sold at
0.6900
Close
0.7000
Loss%
1.45
Bought on
10/05/2024
 
GMA7.PS
 
Last Signal
STAY LONG
0
 
Bought at
7.0100
Close
7.6100
Gain%
8.56
Sold on
10/05/2024
 
ICT.PS
 
Last Signal
STAY IN CASH
60000
Buy Level
359.00
Sold at
346.73
Close
334.00
Gain%
-3.67
Bought on
09/05/2024
 
ALI.PS
 
Last Signal
STAY LONG
2201
Sell Level
27.20
Bought at
27.85
Close
29.40
Gain%
5.57
Bought on
09/05/2024
 
TECH.PS
 
Last Signal
STAY LONG
2202
Sell Level
1.6600
Bought at
1.6100
Close
1.6900
Gain%
4.97
Sold on
06/05/2024
 
HOME.PS
 
Last Signal
STAY IN CASH
2108
Buy Level
0.9150
Sold at
0.9600
Close
0.9100
Gain%
-5.21
Bought on
03/05/2024
 
Last Signal
STAY LONG
2202
Sell Level
7.1450
Bought at
6.3300
Close
7.4000
Gain%
16.90
Sold on
03/05/2024
 
Last Signal
BUY
2102
Buy Level
2.9000
Sold at
2.8600
Close
2.9100
Loss%
1.75
Sold on
03/05/2024
 
RCI.PS
 
Last Signal
BUY
2102
Buy Level
3.0550
Sold at
3.4800
Close
4.1000
Loss%
17.82
Bought on
30/04/2024
 
FB.PS
 
Last Signal
SHORT
2201
Sell Level
45.95
Bought at
44.90
Close
45.90
Gain%
2.23
Bought on
23/04/2024
 
URC.PS
 
Last Signal
STAY LONG
2201
Sell Level
109.00
Bought at
92.00
Close
109.00
Gain%
18.48
Bought on
18/04/2024
 
ACEN.PS
 
Last Signal
SELL
2204
Sell Level
5.1000
Bought at
3.2450
Close
4.9000
Gain%
51.00
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