MARKET STATUS REPORT
Trend:
The market is EXTREMELY BEARISH for the moment. On the other hand, we cannot say that the bulls are very happy but they do not want to change their positions yet. In fact, there is not much appetite for confirming bearish patterns.
Money Flow:
Currently, the bears are very strong and the money is flowing in one direction only, out of the market. You also have to know that the money waiting at the sidelines is not comfortable anymore. Sideliners are worried that they may be missing the bulls’ train.
OVERBOUGHT/OVERSOLD STOCKS
MCF.V MCF Energy (CDNX) [Overbought]
MCF.V (CDNX) [Overbought]
The chart above shows how MCF.V displayed a rally after the BUY signal which was issued on 08/09/2023. Since then, the gain in this stock stretched to a whopping 19%. 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
Sold on
22/09/2023
 
MCF.V
 
MCF Energy
 
Last Signal
SELL
2202
Sell Level
0.2800
Sold at
0.2770
Close
0.2650
Gain%
-4.33
Bought on
22/09/2023
 
SRG.V
 
SRG Mining
 
Last Signal
BUY
2103
Buy Level
0.7700
Bought at
0.7800
Close
0.8400
Gain%
7.69
Sold on
21/09/2023
 
LME.V
 
Laurion Mineral Exploration
 
Last Signal
STAY IN CASH
0
 
Sold at
0.5800
Close
0.5900
Loss%
1.72
Bought on
21/09/2023
 
PEX.V
 
Pacific Ridge Exploration
 
Last Signal
STAY LONG
0
 
Bought at
0.2200
Close
0.2250
Gain%
2.27
Sold on
20/09/2023
 
EU.V
 
Encore Energy
 
Last Signal
STAY IN CASH
0
 
Sold at
4.1900
Close
4.3300
Loss%
3.34
Bought on
20/09/2023
 
WGO.V
 
White Gold
 
Last Signal
STAY LONG
2203
Sell Level
0.2300
Bought at
0.2500
Close
0.2300
Loss%
-8.00
Sold on
19/09/2023
 
CUR.V
 
Consolidated Uranium
 
Last Signal
STAY SHORT
60000
Buy Level
2.0000
Sold at
1.9100
Close
1.9600
Loss%
2.62
Bought on
19/09/2023
 
FHYD.V
 
First Hydrogen
 
Last Signal
SHORT
4201
Sell Level
2.3100
Bought at
2.1500
Close
2.2400
Gain%
4.19
Sold on
18/09/2023
 
ISO.V
 
Isoenergy
 
Last Signal
STAY IN CASH
2101
Buy Level
4.4200
Sold at
4.3200
Close
4.4200
Loss%
2.31
Bought on
15/09/2023
 
SBBC.V
 
Simply Better Brands
 
Last Signal
STAY LONG
2202
Sell Level
0.2350
Bought at
0.2370
Close
0.2550
Gain%
7.59
Sold on
14/09/2023
 
ETL.V
 
E3 Lithium
 
Last Signal
STAY SHORT
2102
Buy Level
3.5300
Sold at
4.8300
Close
3.5300
Gain%
-26.92
Sold on
12/09/2023
 
FISH.V
 
Sailfish Royalty
 
Last Signal
STAY IN CASH
2102
Buy Level
1.2800
Sold at
1.3400
Close
1.0900
Gain%
-18.66
Bought on
12/09/2023
 
GIP.V
 
Green Impact Partners
 
Last Signal
SHORT
2211
Sell Level
6.6600
Bought at
6.8700
Close
6.4100
Loss%
-6.70
Sold on
11/09/2023
 
DME.V
 
Desert Mountain Energy
 
Last Signal
STAY IN CASH
1101
Buy Level
0.4400
Sold at
0.4950
Close
0.4350
Gain%
-12.12
Bought on
08/09/2023
 
DAN.V
 
Arianne Phosphate
 
Last Signal
SELL
2203
Sell Level
0.3300
Bought at
0.3300
Close
0.3250
Loss%
-1.52
Bought on
06/09/2023
 
MD.V
 
Midland Exploration
 
Last Signal
STAY LONG
2201
Sell Level
0.5400
Bought at
0.5100
Close
0.5400
Gain%
5.88
Sold on
30/08/2023
 
LIO.V
 
Lion One Metals
 
Last Signal
STAY SHORT
2102
Buy Level
0.8900
Sold at
0.9350
Close
0.8500
Gain%
-9.09
Sold on
26/07/2023
 
VPT.V
 
Ventripoint Diagnostics
 
Last Signal
STAY IN CASH
2103
Buy Level
0.2100
Sold at
0.2700
Close
0.2050
Gain%
-24.07
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