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by Americanbulls.com LLC
  • English
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Last Update
24/03/2023
MARKET STATUS REPORT, 24/03/2023
The market is moving SIDEWAYS for the moment. The bears have an upper hand, but the bulls are also not sleeping. On the other hand, we cannot say that the bears are very happy, but they do not want to change their positions yet. Currently, the bears are stronger and more money is flowing out of the market. You have to also know that the bulls are not very comfortable and they are closely watching the market for a timely exit.
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Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=1101>BULLISH HAMMER</a>...STLC.TO Stelco Holdings Close : 52.2700 chart showing Series 1 series, Series 2 series, Series 3 series, Series 4 series, Series 5 series, Series 6 series, Series 7 series, Series 8 series, Series 9 series.
The chart above shows how STLC.TO declined after the SELL signal which was issued on 09/03/2023. Since then, the stock price edged down by a hefty 10.85%. The bearish sentiment may be over now. Our system detected a BULLISH HAMMER pattern which may be a sign of a market mood switching from bearish to bullish. This pattern deserves utmost attention because BUY orders must be placed immediately in case of a confirmation. The massive pullback may be over, but patience is required at this point! Do not forget that confirmation is the prerequisite for any further move!
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13/03/2023
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BUY8.0400STAY LONG
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8.9900+11.82
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