MARKET STATUS REPORT
Trend:
The market is moving SIDEWAYS for the moment. The bears have an upper hand, but the bulls are also not sleeping. On the other hand, we cannot say that the bulls 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 bears are not very comfortable and they are closely watching the market for a timely entry.
OVERBOUGHT/OVERSOLD STOCKS
The chart above shows how MAW.V displayed a rally after the BUY signal which was issued on 15/02/2024. Since then, the gain in this stock stretched to a whopping 87%. 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
18/03/2024
 
MAW.V
 
Last Signal
SELL
2202
Sell Level
0.6000
Sold at
0.5700
Close
0.5600
Gain%
-1.75
Bought on
18/03/2024
 
Last Signal
BUY
2109
Buy Level
0.5600
Bought at
0.5700
Close
0.5800
Gain%
1.75
Bought on
15/03/2024
 
AVN.V
 
Last Signal
STAY LONG
0
 
Bought at
0.4050
Close
0.4250
Gain%
4.94
Sold on
15/03/2024
 
GPAC.V
 
Last Signal
STAY IN CASH
0
 
Sold at
1.0500
Close
1.1000
Loss%
4.76
Sold on
14/03/2024
 
AAG.V
 
Last Signal
STAY IN CASH
0
 
Sold at
0.2380
Close
0.2200
Gain%
-7.56
Bought on
14/03/2024
 
SECU.V
 
Last Signal
STAY LONG
2208
Sell Level
2.4800
Bought at
2.4800
Close
2.5000
Gain%
0.81
Sold on
13/03/2024
 
MAU.V
 
Last Signal
STAY IN CASH
2102
Buy Level
1.1400
Sold at
1.1400
Close
1.1400
 
 
Sold on
12/03/2024
 
FDR.V
 
Last Signal
STAY IN CASH
0
 
Sold at
1.7200
Close
1.4700
Gain%
-14.53
Bought on
11/03/2024
 
ARK.V
 
Last Signal
STAY LONG
0
 
Bought at
0.1770
Close
0.2700
Gain%
52.54
Sold on
11/03/2024
 
CKG.V
 
Last Signal
STAY IN CASH
0
 
Sold at
2.1500
Close
1.8900
Gain%
-12.09
Bought on
08/03/2024
 
EVMT.V
 
Last Signal
STAY LONG
2206
Sell Level
0.2150
Bought at
0.1870
Close
0.2150
Gain%
14.97
Sold on
08/03/2024
 
SCOT.V
 
Last Signal
STAY IN CASH
2103
Buy Level
0.1850
Sold at
0.1955
Close
0.1850
Gain%
-5.37
Bought on
06/03/2024
 
CNRI.V
 
Last Signal
QUIT
0
 
Bought at
1.1700
Close
1.1000
Loss%
-5.98
Sold on
05/03/2024
 
FL.V
 
Last Signal
STAY IN CASH
2109
Buy Level
0.7500
Sold at
1.0950
Close
0.7300
Gain%
-33.33
Bought on
05/03/2024
 
GSVR.V
 
Last Signal
STAY LONG
2201
Sell Level
0.1900
Bought at
0.1645
Close
0.1950
Gain%
18.54
Bought on
04/03/2024
 
CNX.V
 
Last Signal
STAY LONG
3201
Sell Level
1.2800
Bought at
1.3000
Close
1.2800
Loss%
-1.54
Sold on
04/03/2024
 
MCF.V
 
Last Signal
STAY IN CASH
2109
Buy Level
0.3050
Sold at
0.2900
Close
0.3200
Loss%
10.34
Bought on
01/03/2024
 
OCG.V
 
Last Signal
STAY LONG
2203
Sell Level
0.1800
Bought at
0.1410
Close
0.1850
Gain%
31.21
Bought on
01/02/2024
 
TAU.V
 
Last Signal
STAY LONG
70000
Sell Level
0.3850
Bought at
0.4540
Close
0.4750
Gain%
4.63
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.

Canadabulls.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, Canadabulls.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 Canadabulls.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 Canadabulls.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