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 PNTR.V displayed a rally after the BUY signal which was issued on 20/08/2024. Since then, the gain in this stock stretched to a whopping 13%. 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
09/09/2024
 
AE.V
 
Last Signal
BUY
2106
Buy Level
0.4050
Bought at
0.4100
Close
0.4100
 
 
Sold on
09/09/2024
 
PNTR.V
 
Last Signal
SELL
2202
Sell Level
0.2850
Sold at
0.2820
Close
0.2700
Gain%
-4.26
Bought on
06/09/2024
 
ATX.V
 
Last Signal
STAY LONG
0
 
Bought at
1.2300
Close
1.2100
Loss%
-1.63
Sold on
06/09/2024
 
ELBM.V
 
Last Signal
STAY IN CASH
2102
Buy Level
0.7500
Sold at
0.8200
Close
0.7100
Gain%
-13.41
Bought on
05/09/2024
 
AGX.V
 
Last Signal
STAY LONG
2201
Sell Level
0.1850
Bought at
0.1950
Close
0.1950
 
 
Sold on
05/09/2024
 
BRM.V
 
Biorem
 
Last Signal
STAY IN CASH
2101
Buy Level
2.4000
Sold at
2.3700
Close
2.4000
Loss%
1.27
Sold on
04/09/2024
 
ADK.V
 
Diagnos
 
Last Signal
STAY IN CASH
2103
Buy Level
0.3600
Sold at
0.3885
Close
0.3550
Gain%
-8.62
Bought on
04/09/2024
 
ARCH.V
 
Last Signal
STAY LONG
2206
Sell Level
1.4600
Bought at
1.4500
Close
1.5100
Gain%
4.14
Sold on
30/08/2024
 
HME.V
 
Last Signal
STAY IN CASH
2102
Buy Level
1.7400
Sold at
1.8200
Close
1.6700
Gain%
-8.24
Sold on
29/08/2024
 
AVN.V
 
Last Signal
STAY IN CASH
2103
Buy Level
0.2075
Sold at
0.2300
Close
0.2050
Gain%
-10.87
Bought on
28/08/2024
 
GPAC.V
 
Last Signal
STAY LONG
2201
Sell Level
0.5600
Bought at
0.5650
Close
0.5800
Gain%
2.65
Sold on
28/08/2024
 
PNG.V
 
Last Signal
STAY IN CASH
2101
Buy Level
1.5500
Sold at
1.5600
Close
1.5500
Gain%
-0.64
Bought on
26/08/2024
 
PVT.V
 
Last Signal
STAY LONG
2203
Sell Level
1.2400
Bought at
1.0700
Close
1.2500
Gain%
16.82
Sold on
26/08/2024
 
QUIS.V
 
Last Signal
STAY IN CASH
2103
Buy Level
0.3775
Sold at
0.3835
Close
0.3700
Gain%
-3.52
Sold on
23/08/2024
 
ARTG.V
 
Last Signal
STAY IN CASH
2102
Buy Level
11.76
Sold at
12.96
Close
11.75
Gain%
-9.34
Sold on
22/08/2024
 
CBR.V
 
Last Signal
BUY
2111
Buy Level
0.2900
Sold at
0.3395
Close
0.3000
Gain%
-11.63
Sold on
21/08/2024
 
PLUR.V
 
Last Signal
STAY IN CASH
0
 
Sold at
1.9100
Close
0.6500
Gain%
-65.97
Bought on
21/08/2024
 
WISH.V
 
Last Signal
STAY LONG
2209
Sell Level
0.3925
Bought at
0.3400
Close
0.4000
Gain%
17.65
Sold on
23/07/2024
 
KWE.V
 
Last Signal
STAY IN CASH
2106
Buy Level
0.1875
Sold at
0.5200
Close
0.1850
Gain%
-64.42
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