Title
by Americanbulls.com LLC
Last Update
26/05/2023
HXCN.TO
Horizons S&P/TSX Capped Composite Index ETF
Last Signal: BUY
Last Pattern: BULLISH THREE GAP DOWNS
Last Close:
31.1600
Change:
+0.2400
Percent change
+0.78%
Signal Update
Our system’s recommendation today is to BUY. The BULLISH THREE GAP DOWNS pattern finally received a confirmation because the prices crossed above the confirmation level which was at 30.9450, and our valid average buying price stands now at 31.1000. The previous SHORT signal was issued on 12/05/2023, 14 days ago, when the stock price was 31.8500. Since then HXCN.TO has fallen by -2.35%.
Market Outlook
The bulls have strong evidence on their side and this evidence prompts us to make a bullish bet. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. It is probably the right time to be part of this boost and bullish market sentiment. The market is telling you about a possible new profit. Do not miss this chance. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is a four day bullish reversal pattern. It consists of three consecutive days each gapping lower on the open. After Three Gap Downs the market becomes extremely oversold and ready for the reversal of the current downtrend. more...
Signal History
Date 
Price 
Signal 
 
CAD100⇨ 
26/05/202331.1000BUY 99.31
12/05/202331.8500SHORT 97.51
09/05/202332.0100BUY 98.49
04/05/202331.6600SHORT 100.09
28/04/202332.2000BUY 102.31
25/04/202332.0900SELL 102.57
29/03/202330.8200BUY 98.76
23/03/202330.3300SHORT 100.89
21/03/202330.5900BUY 102.27
14/03/202330.7300SHORT 102.32
01/03/202331.4300BUY 105.18
06/02/202331.9000SELL 105.44
21/12/202230.1400BUY 99.87
15/12/202230.3300SHORT 99.75
† Trade commissions are taken as 0.25%.
Date 
Price 
Signal 
 
CAD100⇨ 
26/05/202331.1000BUY 98.94
12/05/202331.8500SHORT 97.15
09/05/202332.0100BUY 98.13
04/05/202331.6600SHORT 99.72
28/04/202332.2000BUY 101.93
25/04/202332.0900SELL 102.19
29/03/202330.8200BUY 98.39
23/03/202330.3300SHORT 100.51
21/03/202330.5900BUY 101.88
14/03/202330.7300SHORT 101.93
01/03/202331.4300BUY 104.77
06/02/202331.9000SELL 105.03
21/12/202230.1400BUY 99.48
15/12/202230.3300SHORT 99.36
10/11/202230.5800BUY 100.68
04/11/202229.7700SELL 100.93
04/10/202229.6600BUY 100.81
15/09/202229.9400SHORT 100.38
09/09/202229.9800BUY 101.02
30/08/202229.9400SHORT 101.66
25/08/202230.7600BUY 104.97
23/08/202230.5600SELL 105.23
20/07/202228.8950BUY 99.75
† Trade commissions are taken as 0.25%.
Date 
Price 
Signal 
 
CAD100⇨ 
26/05/202331.1000BUY 99.79
12/05/202331.8500SHORT 97.98
09/05/202332.0100BUY 98.97
04/05/202331.6600SHORT 100.58
28/04/202332.2000BUY 102.81
25/04/202332.0900SELL 103.07
29/03/202330.8200BUY 99.24
23/03/202330.3300SHORT 101.38
21/03/202330.5900BUY 102.76
14/03/202330.7300SHORT 102.81
01/03/202331.4300BUY 105.68
06/02/202331.9000SELL 105.94
21/12/202230.1400BUY 100.35
15/12/202230.3300SHORT 100.23
10/11/202230.5800BUY 101.56
04/11/202229.7700SELL 101.81
04/10/202229.6600BUY 101.69
15/09/202229.9400SHORT 101.25
09/09/202229.9800BUY 101.89
30/08/202229.9400SHORT 102.54
25/08/202230.7600BUY 105.88
23/08/202230.5600SELL 106.15
20/07/202228.8950BUY 100.62
10/06/202230.8100SELL 100.87
13/05/202230.2700BUY 99.35
21/04/202233.0900SELL 99.60
19/04/202233.1300BUY 99.97
06/04/202232.9200SELL 100.22
16/03/202232.3800BUY 98.82
14/03/202232.0900SHORT 100.22
09/03/202232.2800BUY 101.32
14/02/202232.1000SELL 101.57
31/01/202231.2300BUY 99.06
18/01/202231.8900SELL 99.31
11/01/202231.9500BUY 99.75
† Trade commissions are taken as 0.25%.

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