Title
by Americanbulls.com LLC
Last Update
10/07/2020
COV.V
COVALON TECHNOLOGIES
Last Signal: STAY SHORT
Last Pattern: BULLISH MEETING LINE
Last Close:
1.4000
Change:
0.0000
Percent change
0.00%
Signal Update
Our system’s recommendation today is to STAY SHORT. The previous SHORT signal was issued on 06/07/2020, 4 days ago, when the stock price was 1.3700. Since then COV.V has risen by +2.19%.
Market Outlook
With the bullish pattern detected today candlesticks warned short sellers to be on alert. Market sentiment may be changing in the direction of the bulls. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern occurs during a downtrend. The first day’s black candlestick is followed by a white candlestick that opens sharply lower and closes at the same level as the prior session’s close. It is similar to the Piercing Line pattern. However, the amount the second day rebounds is different. The Piercing Line’s second day closes above the midpoint of the first day’s body, while the second day the Bullish Meeting Line closes the same as the first day. Consequently, the Piercing Line is a more significant bottom reversal. Nonetheless, the Bullish Meeting Line deserves due respect as well. more...
Signal History
Date 
Price 
Signal 
 
CAD100⇨ 
06/07/20201.3700SHORT 149.99
25/06/20201.4650BUY 161.20
11/06/20201.5300SHORT 155.41
03/06/20201.7400BUY 177.63
14/05/20201.7800SHORT 174.60
05/05/20201.8900BUY 186.32
24/04/20201.8700SELL 186.79
17/04/20201.6600BUY 166.23
07/04/20201.6900SELL 166.65
27/03/20201.2650BUY 125.05
06/03/20201.9150SELL 125.36
28/02/20201.5200BUY 99.75
† Trade commissions are taken as 0.25%.
Date 
Price 
Signal 
 
CAD100⇨ 
06/07/20201.3700SHORT 223.98
25/06/20201.4650BUY 240.71
11/06/20201.5300SHORT 232.06
03/06/20201.7400BUY 265.24
14/05/20201.7800SHORT 260.71
05/05/20201.8900BUY 278.21
24/04/20201.8700SELL 278.91
17/04/20201.6600BUY 248.21
07/04/20201.6900SELL 248.83
27/03/20201.2650BUY 186.72
06/03/20201.9150SELL 187.19
28/02/20201.5200BUY 148.95
20/01/20201.9800SELL 149.32
23/12/20191.9700BUY 148.94
18/12/20191.9250SELL 149.31
13/12/20191.8950BUY 147.35
03/12/20191.9300SELL 147.72
27/11/20191.7300BUY 132.74
14/11/20191.8800SHORT 123.55
08/11/20191.9900BUY 131.44
26/09/20192.2900SELL 131.77
16/09/20191.9200BUY 110.76
12/09/20191.8550SHORT 115.36
03/09/20191.7200BUY 107.50
26/08/20192.0200SHORT 94.07
19/08/20192.1200BUY 99.22
14/08/20192.1300SHORT 99.25
09/08/20192.1300BUY 99.75
† Trade commissions are taken as 0.25%.
Date 
Price 
Signal 
 
CAD100⇨ 
06/07/20201.3700SHORT 641.63
25/06/20201.4650BUY 689.57
11/06/20201.5300SHORT 664.79
03/06/20201.7400BUY 759.83
14/05/20201.7800SHORT 746.86
05/05/20201.8900BUY 796.99
24/04/20201.8700SELL 798.99
17/04/20201.6600BUY 711.04
07/04/20201.6900SELL 712.82
27/03/20201.2650BUY 534.90
06/03/20201.9150SELL 536.24
28/02/20201.5200BUY 426.70
20/01/20201.9800SELL 427.77
23/12/20191.9700BUY 426.68
18/12/20191.9250SELL 427.75
13/12/20191.8950BUY 422.14
03/12/20191.9300SELL 423.20
27/11/20191.7300BUY 380.30
14/11/20191.8800SHORT 353.97
08/11/20191.9900BUY 376.56
26/09/20192.2900SELL 377.50
16/09/20191.9200BUY 317.30
12/09/20191.8550SHORT 330.47
03/09/20191.7200BUY 307.96
26/08/20192.0200SHORT 269.48
19/08/20192.1200BUY 284.24
14/08/20192.1300SHORT 284.33
09/08/20192.1300BUY 285.76
25/06/20194.3200SHORT 190.58
19/06/20194.4800BUY 198.63
07/06/20194.9500SHORT 182.32
04/06/20195.0500BUY 186.94
23/05/20195.0900SHORT 186.41
09/05/20195.0500BUY 185.87
17/04/20195.5700SELL 186.34
16/04/20195.7400BUY 192.51
05/04/20195.6000SELL 192.99
01/04/20195.2500BUY 181.38
21/03/20195.1200SELL 181.83
19/03/20195.1600BUY 183.71
28/02/20195.0900SHORT 187.21
22/02/20195.3400BUY 197.39
05/02/20195.6200SELL 197.88
23/01/20194.8200BUY 170.14
16/01/20195.0500SELL 170.57
09/01/20194.1900BUY 141.88
14/12/20185.1500SHORT 120.19
12/12/20185.3000BUY 124.31
27/11/20185.8400SELL 124.62
22/11/20185.7000BUY 121.94
05/11/20186.1400SHORT 114.36
31/10/20186.2100BUY 116.24
27/09/20188.4900SHORT 92.09
20/09/20188.9400BUY 97.46
06/09/20188.9000SELL 97.70
28/08/20187.8200BUY 86.06
24/08/20187.2400SHORT 94.02
20/08/20187.8500BUY 102.45
14/08/20187.4500SHORT 108.81
10/08/20187.5600BUY 110.97
07/08/20188.4100SHORT 101.29
01/08/20188.9800BUY 108.70
30/07/20188.8050SELL 108.97
19/07/20188.0400BUY 99.75
† Trade commissions are taken as 0.25%.

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