Title
by Americanbulls.com LLC
Last Update
21/09/2020
MEG.TO
MEG ENERGY
Last Signal: SHORT
Last Pattern: BEARISH HARAMI CROSS
Last Close:
2.8500
Change:
-0.1500
Percent change
-5.00%
Signal Update
Our system’s recommendation today is to SHORT. The BEARISH HARAMI CROSS pattern finally received a confirmation because the prices crossed below the confirmation level which was at 2.9950, and our valid average selling price stands now at 2.8900. The previous BUY signal was issued on 16/09/2020, 5 days ago, when the stock price was 3.0100. Since then MEG.TO has fallen by -3.99%.
Market Outlook
The bears have strong evidence and this evidence prompts us to make a bearish bet. The bearish pattern that was previously identified is finally confirmed and a SHORT signal is generated. Follow the signal and profit from the bearish enthusiasm before it is too late. SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop loss. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is a major bearish reversal pattern, which is even more significant than a regular Bearish Harami. The outline again looks like a pregnant woman, as with the Bearish Harami Pattern. However, now the baby is a Doji. Basically, the pattern is characterized by a white body followed by a Doji that is completely inside the range of the prior white body. more...
Signal History
Date 
Price 
Signal 
 
CAD100⇨ 
21/09/20202.8900SHORT 211.22
16/09/20203.0100BUY 221.09
19/08/20203.9900SELL 221.64
06/08/20203.9500BUY 219.97
28/07/20203.8150SHORT 229.18
15/07/20203.8000BUY 229.42
07/07/20203.7800SELL 229.99
29/06/20203.6700BUY 223.86
12/06/20203.8000SELL 224.42
03/06/20203.8100BUY 225.57
25/05/20203.1700SELL 226.14
20/05/20203.1900BUY 228.14
01/05/20202.9900SELL 228.71
17/04/20202.3400BUY 179.44
13/04/20202.7300SELL 179.89
25/03/20201.5100BUY 99.75
† Trade commissions are taken as 0.25%.
Date 
Price 
Signal 
 
CAD100⇨ 
21/09/20202.8900SHORT 234.06
16/09/20203.0100BUY 245.00
19/08/20203.9900SELL 245.61
06/08/20203.9500BUY 243.76
28/07/20203.8150SHORT 253.97
15/07/20203.8000BUY 254.24
07/07/20203.7800SELL 254.88
29/06/20203.6700BUY 248.08
12/06/20203.8000SELL 248.70
03/06/20203.8100BUY 249.98
25/05/20203.1700SELL 250.61
20/05/20203.1900BUY 252.82
01/05/20202.9900SELL 253.45
17/04/20202.3400BUY 198.85
13/04/20202.7300SELL 199.35
25/03/20201.5100BUY 110.54
25/02/20206.7100SELL 110.82
13/02/20206.7600BUY 111.93
27/01/20206.7000SHORT 113.51
23/01/20207.1200BUY 121.23
17/01/20207.7550SELL 121.53
06/12/20195.9400BUY 93.32
03/12/20195.4800SELL 93.55
21/11/20195.4600BUY 93.44
06/11/20195.4700SELL 93.67
04/11/20195.5500BUY 95.28
31/10/20195.0600SHORT 106.02
23/10/20194.9200BUY 103.60
17/10/20195.1300SHORT 100.03
11/10/20195.0900BUY 99.75
† Trade commissions are taken as 0.25%.
Date 
Price 
Signal 
 
CAD100⇨ 
21/09/20202.8900SHORT 237.54
16/09/20203.0100BUY 248.65
19/08/20203.9900SELL 249.27
06/08/20203.9500BUY 247.39
28/07/20203.8150SHORT 257.75
15/07/20203.8000BUY 258.03
07/07/20203.7800SELL 258.68
29/06/20203.6700BUY 251.78
12/06/20203.8000SELL 252.41
03/06/20203.8100BUY 253.71
25/05/20203.1700SELL 254.35
20/05/20203.1900BUY 256.60
01/05/20202.9900SELL 257.24
17/04/20202.3400BUY 201.82
13/04/20202.7300SELL 202.33
25/03/20201.5100BUY 112.19
25/02/20206.7100SELL 112.47
13/02/20206.7600BUY 113.59
27/01/20206.7000SHORT 115.19
23/01/20207.1200BUY 123.03
17/01/20207.7550SELL 123.34
06/12/20195.9400BUY 94.71
03/12/20195.4800SELL 94.95
21/11/20195.4600BUY 94.84
06/11/20195.4700SELL 95.08
04/11/20195.5500BUY 96.71
31/10/20195.0600SHORT 107.62
23/10/20194.9200BUY 105.17
17/10/20195.1300SHORT 101.54
11/10/20195.0900BUY 101.25
19/09/20196.1400SELL 101.50
06/09/20195.2800BUY 87.50
03/09/20194.9400SELL 87.72
29/08/20194.8700BUY 86.69
26/08/20194.5700SHORT 93.25
20/08/20194.7400BUY 97.20
15/08/20194.6900SHORT 98.74
09/08/20195.0000BUY 105.79
01/08/20195.3800SELL 106.06
30/07/20195.3100BUY 104.94
29/07/20195.0500SHORT 111.19
23/07/20195.3500BUY 118.39
17/07/20195.3800SELL 118.69
04/07/20195.0350BUY 111.36
27/06/20195.2300SELL 111.64
20/06/20195.2200BUY 111.71
17/06/20194.8800SELL 111.99
04/06/20194.4600BUY 102.61
30/05/20194.3700SHORT 105.29
27/05/20194.6800BUY 113.33
10/05/20195.6000SHORT 97.83
03/05/20195.6100BUY 98.50
30/04/20196.0000SELL 98.75
05/04/20195.3900BUY 88.93
25/03/20195.3400SELL 89.15
20/03/20195.1100BUY 85.52
05/03/20195.1700SELL 85.73
01/03/20195.4800BUY 91.10
26/02/20195.2700SHORT 95.36
12/02/20195.2650BUY 95.75
29/01/20195.3500SHORT 94.73
25/01/20195.3200BUY 94.67
18/01/20195.5900SELL 94.91
27/12/20187.4800BUY 127.32
17/12/20187.9600SHORT 120.68
13/12/20188.2100BUY 125.10
06/12/20188.1500SHORT 126.66
29/11/20188.1100BUY 126.67
26/11/20187.9600SHORT 129.75
22/11/20188.4100BUY 137.77
12/11/20189.8500SHORT 120.80
06/11/201810.1500BUY 125.10
02/11/201810.0400SHORT 127.12
31/10/201810.5300BUY 133.99
24/10/201810.6500SHORT 133.16
17/10/201810.7900BUY 135.59
10/10/201810.8200SELL 135.93
27/09/20187.9200BUY 99.75
† Trade commissions are taken as 0.25%.

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