ENGH.TO TSE
Enghouse Systems
STAY IN CASH
Close
29.79
Prev.Close
29.39
Change
+0.4000
Change%
+1.36%
BULLISH MORNING STAR
Sold at
30.89
Open
29.58
High
29.94
Low
29.47
Close
29.79
Gain%
-3.56%
Signal History
Pattern & Confirmation Chart for the Last 6 Months
Our system’s recommendation today is to STAY IN CASH. The previous SELL signal was issued on 18/09/2023, 4 days ago, when the stock price was 30.89. Since then ENGH.TO has fallen by -3.56%.
The market is finally giving hints of a bullish resurgence. Today a bullish pattern is detected. Based on this pattern, in response to emerging market bullishness the system established new confirmation and stop loss levels. The signal tells us to STAY IN CASH, but the chance of a bullish confirmation that will change the signal to BUY is very high. The Delayed Intraday Module is ON. We strongly suggest you to follow the price action on an intraday basis in order to profit most from the early phase of a bull run.
This is a three-candlestick pattern signaling a major bottom reversal. It is composed of a black candlestick followed by a short candlestick, which characteristically gaps down to form a Star. Then we have a third white candlestick whose closing is well into the first session’s black body. This is a meaningful bottom pattern. more...
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