Title
by Americanbulls.com LLC
  • English
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Last Update
16/10/2018
MARKET STATUS REPORT, 16/10/2018
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. 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 not comfortable anymore. Sideliners are worried that they may be missing the bulls’ train.
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WEB.PS (PSE)
 
 
Title
Title
Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=3110>BULLISH TWO RABBITS</a>...WEB.PS PHILWEB CORP Close : 3.6900 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 WEB.PS took a negative turn after the SHORT signal which was issued on 05/09/2018. Since then, the stock price fell down by 28.63%. There are by now decisive hints casting doubts about the continuation of the downbeat mood. Our system detected a BULLISH TWO RABBITS pattern, which may be a sign of a market sentiment switching from bearish to bullish. This pattern deserves utmost attention, because the SHORT positions must immediately be covered and long positions must be taken, in case of a confirmation. The BULLISH TWO RABBITS pattern, if confirmed, indicates an upside potential of 0.00%. It may turn out to be a good opportunity for bottom fishers, but patience first! Do not forget that confirmation is the prerequisite for any further move!
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