MARKET STATUS REPORT
Trend:
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. In fact, there is not much appetite for confirming bearish patterns.
Money Flow:
Currently, the bears are slightly stronger and 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 SHNG.PS burst higher after the BUY signal that was issued on 17/04/2024. Since then, the stock price refused to ease back and recorded a whopping gain of 5%. Market’s upward beat, however, is in question now. Our system detected a BEARISH HARAMI 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. 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!
Watch Recommended Stocks
Bought on
18/04/2024
 
ACEN.PS
 
Last Signal
BUY
2102
Buy Level
3.2250
Bought at
3.2450
Close
3.3900
Gain%
4.47
Bought on
18/04/2024
 
AGI.PS
 
Last Signal
BUY
2102
Buy Level
9.6250
Bought at
9.6650
Close
9.7000
Gain%
0.36
Bought on
17/04/2024
 
AEV.PS
 
Last Signal
STAY LONG
2202
Sell Level
39.65
Bought at
39.53
Close
39.95
Gain%
1.06
Bought on
17/04/2024
 
FNI.PS
 
Last Signal
STAY LONG
2208
Sell Level
1.5800
Bought at
1.5600
Close
1.5800
Gain%
1.28
Sold on
17/04/2024
 
PXP.PS
 
Last Signal
STAY IN CASH
1101
Buy Level
3.2400
Sold at
3.2700
Close
3.2400
Gain%
-0.92
Sold on
16/04/2024
 
PRIM.PS
 
Last Signal
STAY IN CASH
2103
Buy Level
4.3350
Sold at
4.1800
Close
4.2000
Loss%
0.48
Sold on
16/04/2024
 
SGP.PS
 
Last Signal
BUY
2102
Buy Level
9.4000
Sold at
9.5300
Close
9.4200
Gain%
-1.15
Bought on
15/04/2024
 
C.PS
 
Last Signal
STAY LONG
2208
Sell Level
1.3100
Bought at
1.3300
Close
1.3200
Loss%
-0.75
Sold on
15/04/2024
 
MAC.PS
 
Last Signal
STAY IN CASH
2105
Buy Level
4.6600
Sold at
4.9300
Close
4.5200
Gain%
-8.32
Sold on
12/04/2024
 
BKR.PS
 
Last Signal
STAY IN CASH
60000
Buy Level
1.3900
Sold at
1.3400
Close
1.5000
Loss%
11.94
Sold on
12/04/2024
 
PAL.PS
 
Last Signal
STAY IN CASH
2103
Buy Level
5.9000
Sold at
6.1600
Close
5.7100
Gain%
-7.31
Bought on
12/04/2024
 
SSP.PS
 
Last Signal
STAY LONG
2208
Sell Level
1.8450
Bought at
1.8450
Close
1.8500
Gain%
0.27
Bought on
12/04/2024
 
Last Signal
STAY LONG
2201
Sell Level
16.45
Bought at
16.32
Close
16.22
Loss%
-0.61
Sold on
11/04/2024
 
PLUS.PS
 
Last Signal
STAY IN CASH
0
 
Sold at
12.95
Close
9.9400
Gain%
-23.24
Sold on
08/04/2024
 
EMI.PS
 
Last Signal
BUY
3112
Buy Level
18.34
Sold at
18.61
Close
18.68
Loss%
0.38
Sold on
05/04/2024
 
CHIB.PS
 
Last Signal
STAY IN CASH
2104
Buy Level
36.95
Sold at
37.71
Close
38.00
Loss%
0.77
Bought on
04/04/2024
 
Last Signal
STAY LONG
2202
Sell Level
1.4000
Bought at
1.3450
Close
1.4100
Gain%
4.83
Sold on
04/04/2024
 
Last Signal
STAY IN CASH
2105
Buy Level
10.70
Sold at
10.98
Close
10.34
Gain%
-5.83
Sold on
03/04/2024
 
CNPF.PS
 
Last Signal
BUY
2101
Buy Level
36.50
Sold at
37.95
Close
37.00
Gain%
-2.50
Sold on
03/04/2024
 
MWC.PS
 
Last Signal
BUY
2103
Buy Level
21.12
Sold at
22.50
Close
21.80
Gain%
-3.11
Sold on
02/04/2024
 
ABA.PS
 
Last Signal
STAY IN CASH
2102
Buy Level
1.0800
Sold at
1.2600
Close
1.0300
Gain%
-18.25
Sold on
26/03/2024
 
GEO.PS
 
Last Signal
STAY IN CASH
3109
Buy Level
0.0775
Sold at
0.0910
Close
0.0740
Gain%
-18.68
Sold on
25/03/2024
 
GSMI.PS
 
Last Signal
BUY
1101
Buy Level
163.50
Sold at
167.97
Close
166.80
Gain%
-0.70
Sold on
07/03/2024
 
PNB.PS
 
Last Signal
STAY IN CASH
2103
Buy Level
19.34
Sold at
20.38
Close
19.20
Gain%
-5.79
Disclaimers:

Americanbulls.com LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, Americanbulls.com LLC relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. As such, Americanbulls.com LLC does not offer or provide personalized investment advice. This site and all others owned and operated by Americanbulls.com LLC are bona fide publications of general and regular circulation offering impersonal investment-related advice to member and /or prospective members.

Filipinobulls.com is an independent website. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

Therefore, Filipinobulls.com and Americanbulls.com LLC is exempt from the definition of “investment adviser” as provided under Section 202(a) (11) of the Investment Advisers Act of 1940 and corresponding state securities laws, and hence registration as such is not required. We are not a registered broker-dealer. Material provided by Americanbulls.com LLC is for informational purposes only, and that no mention of a particular security in any of our materials constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent that any of the information obtained from Americanbulls.com LLC may be deemed to be investment opinion, such information is impersonal and not tailored to the investment needs of any specific person. Americanbulls.com LLC does not promise, guarantee or imply verbally or in writing that any information provided through our websites, commentaries, or reports, in any printed material, or displayed on any of our websites, will result in a profit or loss.

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Filipinobulls.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.

You agree that Filipinobulls.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.
read more