MARKET STATUS REPORT
Trend:
The market is BULLISH for the moment. The bulls are dominating the market. 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 very strong and the money is flowing in one direction only, into the market. You also have to know that the money waiting at the sidelines is not comfortable anymore. Sideliners are worried that they may be missing the bulls’ train.
OVERBOUGHT/OVERSOLD STOCKS
The chart above shows how IDC.PS displayed a rally after the BUY signal which was issued on 22/04/2024. Since then, the gain in this stock stretched to a whopping 7%. 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
Bought on
26/04/2024
 
ABS.PS
 
ABS-CBN
 
Last Signal
BUY
2102
Buy Level
4.0650
Bought at
4.0850
Close
4.3300
Gain%
6.00
Bought on
26/04/2024
 
DELM.PS
 
Last Signal
BUY
2103
Buy Level
5.1250
Bought at
5.3200
Close
5.4600
Gain%
2.63
Sold on
26/04/2024
 
IDC.PS
 
Last Signal
SELL
2204
Sell Level
0.7900
Sold at
0.7800
Close
0.7700
Gain%
-1.28
Bought on
25/04/2024
 
CEB.PS
 
Last Signal
STAY LONG
2206
Sell Level
27.90
Bought at
27.80
Close
28.00
Gain%
0.72
Bought on
24/04/2024
 
HOME.PS
 
Last Signal
STAY LONG
0
 
Bought at
0.9000
Close
0.9900
Gain%
10.00
Bought on
24/04/2024
 
MM.PS
 
Last Signal
STAY LONG
2205
Sell Level
0.8300
Bought at
0.8500
Close
0.8400
Loss%
-1.18
Bought on
23/04/2024
 
ALI.PS
 
Last Signal
STAY LONG
2207
Sell Level
28.45
Bought at
27.63
Close
28.55
Gain%
3.33
Sold on
23/04/2024
 
SHNG.PS
 
Last Signal
STAY SHORT
2102
Buy Level
3.6250
Sold at
3.5900
Close
3.5500
Gain%
-1.11
Sold on
23/04/2024
 
SPC.PS
 
Last Signal
STAY IN CASH
1101
Buy Level
9.1700
Sold at
9.6800
Close
9.1400
Gain%
-5.58
Bought on
23/04/2024
 
URC.PS
 
Last Signal
STAY LONG
2207
Sell Level
93.40
Bought at
92.00
Close
96.50
Gain%
4.89
Sold on
22/04/2024
 
BEL.PS
 
Belle
 
Last Signal
STAY IN CASH
0
 
Sold at
2.0350
Close
1.9800
Gain%
-2.70
Bought on
22/04/2024
 
IMI.PS
 
Last Signal
STAY LONG
2202
Sell Level
1.6800
Bought at
1.6400
Close
1.6800
Gain%
2.44
Bought on
18/04/2024
 
ACEN.PS
 
Last Signal
STAY LONG
0
 
Bought at
3.2450
Close
3.7800
Gain%
16.49
Sold on
16/04/2024
 
PRIM.PS
 
Last Signal
STAY SHORT
2105
Buy Level
3.7900
Sold at
4.1800
Close
3.7900
Gain%
-9.33
Bought on
15/04/2024
 
C.PS
 
Last Signal
SHORT
2208
Sell Level
1.3100
Bought at
1.3300
Close
1.2600
Loss%
-5.26
Sold on
12/04/2024
 
BKR.PS
 
Last Signal
STAY IN CASH
60000
Buy Level
1.3900
Sold at
1.3400
Close
1.3300
Gain%
-0.75
Bought on
12/04/2024
 
SSP.PS
 
Last Signal
STAY LONG
2208
Sell Level
1.8450
Bought at
1.8450
Close
1.8600
Gain%
0.81
Sold on
02/04/2024
 
ABA.PS
 
Last Signal
STAY IN CASH
2102
Buy Level
1.0000
Sold at
1.2600
Close
1.0000
Gain%
-20.63
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