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 bears are slightly stronger and the flow of money is rather balanced. You also have to know that the bulls are not very comfortable and they are closely watching the market for a timely exit.
OVERBOUGHT/OVERSOLD STOCKS
The chart above shows how FDR.V displayed a rally after the BUY signal which was issued on 06/06/2024. Since then, the gain in this stock stretched to a whopping 18%. 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
21/06/2024
 
EPF.V
 
Last Signal
BUY
2108
Buy Level
0.3350
Bought at
0.3400
Close
0.3400
 
 
Sold on
21/06/2024
 
FDR.V
 
Last Signal
SELL
2202
Sell Level
2.1000
Sold at
2.0800
Close
2.0200
Gain%
-2.88
Bought on
20/06/2024
 
WHN.V
 
Last Signal
STAY LONG
0
 
Bought at
0.1700
Close
0.1750
Gain%
2.94
Sold on
19/06/2024
 
RX.V
 
Last Signal
BUY
60000
Buy Level
9.8500
Sold at
9.4600
Close
10.50
Loss%
10.99
Bought on
19/06/2024
 
WIL.V
 
Last Signal
STAY LONG
2209
Sell Level
0.7750
Bought at
0.7800
Close
0.8200
Gain%
5.13
Bought on
14/06/2024
 
LCE.V
 
Last Signal
SHORT
2201
Sell Level
0.3300
Bought at
0.3330
Close
0.3200
Loss%
-3.90
Bought on
13/06/2024
 
BITK.V
 
Last Signal
STAY LONG
2203
Sell Level
0.2275
Bought at
0.2200
Close
0.3950
Gain%
79.55
Bought on
12/06/2024
 
SUU.V
 
Last Signal
STAY LONG
2202
Sell Level
0.3450
Bought at
0.2830
Close
0.3450
Gain%
21.91
Bought on
11/06/2024
 
CPAU.V
 
Last Signal
SHORT
2203
Sell Level
0.2000
Bought at
0.1920
Close
0.1850
Loss%
-3.65
Sold on
11/06/2024
 
KLD.V
 
Last Signal
STAY IN CASH
2101
Buy Level
0.9500
Sold at
0.9800
Close
0.9300
Gain%
-5.10
Sold on
10/06/2024
 
OGN.V
 
Last Signal
STAY IN CASH
2103
Buy Level
1.1050
Sold at
1.2100
Close
1.0800
Gain%
-10.74
Sold on
06/06/2024
 
RML.V
 
Last Signal
STAY IN CASH
2101
Buy Level
1.4000
Sold at
1.3700
Close
1.3400
Gain%
-2.19
Sold on
27/05/2024
 
NKL.V
 
Last Signal
STAY IN CASH
2105
Buy Level
0.6500
Sold at
0.7400
Close
0.6500
Gain%
-12.16
Sold on
22/05/2024
 
DME.V
 
Last Signal
BUY
2103
Buy Level
0.2900
Sold at
0.4160
Close
0.3000
Gain%
-27.88
Sold on
17/05/2024
 
FPC.V
 
Last Signal
STAY IN CASH
2103
Buy Level
0.2350
Sold at
0.3810
Close
0.2200
Gain%
-42.26
Bought on
09/05/2024
 
HIVE.V
 
Last Signal
SELL
2208
Sell Level
4.4500
Bought at
3.2500
Close
4.1900
Gain%
28.92
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