MARKET STATUS REPORT
Trend:
The market is moving SIDEWAYS for the moment. The bulls have an upper hand, but the bears 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. In fact, there is not much appetite for confirming bearish patterns.
Money Flow:
Currently, the bulls are slightly stronger but the flow of money is rather balanced. You also have to know that the bulls are not very comfortable and they are closely watching the market for a timely exit.
OVERBOUGHT/OVERSOLD STOCKS
The chart above shows how TOI.V displayed a rally after the BUY signal which was issued on 08/02/2024. Since then, the gain in this stock stretched to a whopping 14%. 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
Bought on
27/02/2024
 
SYH.V
 
Last Signal
BUY
2102
Buy Level
0.4300
Bought at
0.4390
Close
0.4500
Gain%
2.51
Sold on
27/02/2024
 
TOI.V
 
Last Signal
SELL
2205
Sell Level
121.54
Sold at
120.69
Close
118.00
Gain%
-2.23
Bought on
26/02/2024
 
FL.V
 
Last Signal
STAY LONG
0
 
Bought at
0.5400
Close
0.6800
Gain%
25.93
Sold on
26/02/2024
 
LMN.V
 
Last Signal
STAY IN CASH
2108
Buy Level
34.75
Sold at
34.50
Close
34.71
Loss%
0.61
Bought on
23/02/2024
 
BRVO.V
 
Last Signal
SHORT
2205
Sell Level
1.6500
Bought at
1.7100
Close
1.6000
Loss%
-6.43
Bought on
22/02/2024
 
NKL.V
 
Last Signal
STAY LONG
2206
Sell Level
0.6150
Bought at
0.5600
Close
0.6300
Gain%
12.50
Sold on
22/02/2024
 
SEV.V
 
Last Signal
STAY IN CASH
0
 
Sold at
0.7700
Close
0.7000
Gain%
-9.09
Bought on
21/02/2024
 
LIO.V
 
Last Signal
SHORT
70000
Sell Level
0.4800
Bought at
0.4975
Close
0.4700
Loss%
-5.53
Sold on
21/02/2024
 
RML.V
 
Last Signal
STAY IN CASH
2102
Buy Level
1.2350
Sold at
1.2250
Close
1.1800
Gain%
-3.67
Sold on
20/02/2024
 
ELBM.V
 
Last Signal
STAY IN CASH
2105
Buy Level
0.7400
Sold at
0.9300
Close
0.7500
Gain%
-19.35
Bought on
20/02/2024
 
TINY.V
 
Tiny
 
Last Signal
STAY LONG
2206
Sell Level
2.5350
Bought at
2.4100
Close
2.5500
Gain%
5.81
Sold on
15/02/2024
 
SLI.V
 
Last Signal
BUY
2102
Buy Level
1.6000
Sold at
1.8000
Close
1.7000
Gain%
-5.56
Sold on
14/02/2024
 
LUM.V
 
Last Signal
STAY IN CASH
2111
Buy Level
0.5100
Sold at
0.5200
Close
0.4850
Gain%
-6.73
Sold on
13/02/2024
 
BTR.V
 
Last Signal
STAY SHORT
2109
Buy Level
0.2075
Sold at
0.2430
Close
0.2050
Gain%
-15.64
Bought on
13/02/2024
 
ETL.V
 
Last Signal
SHORT
3201
Sell Level
1.7100
Bought at
1.6400
Close
1.6800
Gain%
2.44
Bought on
12/02/2024
 
NOU.V
 
Last Signal
SELL
2202
Sell Level
3.5900
Bought at
2.7400
Close
3.5100
Gain%
28.10
Sold on
09/02/2024
 
PVT.V
 
Last Signal
STAY IN CASH
2108
Buy Level
1.6550
Sold at
1.7700
Close
1.6800
Gain%
-5.08
Sold on
06/02/2024
 
GXU.V
 
Last Signal
BUY
2103
Buy Level
0.1700
Sold at
0.2030
Close
0.1800
Gain%
-11.33
Sold on
05/02/2024
 
COSA.V
 
Last Signal
STAY IN CASH
2103
Buy Level
0.4425
Sold at
0.5800
Close
0.4300
Gain%
-25.86
Bought on
01/02/2024
 
TAU.V
 
Last Signal
STAY LONG
70000
Sell Level
0.3850
Bought at
0.4540
Close
0.3800
Loss%
-16.30
Disclaimers:

Americanbulls.com LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, Americanbulls.com LLC relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. As such, Americanbulls.com LLC does not offer or provide personalized investment advice. This site and all others owned and operated by Americanbulls.com LLC are bona fide publications of general and regular circulation offering impersonal investment-related advice to member and /or prospective members.

Canadabulls.com is an independent website. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

Therefore, Canadabulls.com and Americanbulls.com LLC is exempt from the definition of “investment adviser” as provided under Section 202(a) (11) of the Investment Advisers Act of 1940 and corresponding state securities laws, and hence registration as such is not required. We are not a registered broker-dealer. Material provided by Americanbulls.com LLC is for informational purposes only, and that no mention of a particular security in any of our materials constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent that any of the information obtained from Americanbulls.com LLC may be deemed to be investment opinion, such information is impersonal and not tailored to the investment needs of any specific person. Americanbulls.com LLC does not promise, guarantee or imply verbally or in writing that any information provided through our websites, commentaries, or reports, in any printed material, or displayed on any of our websites, will result in a profit or loss.

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Canadabulls.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.

You agree that Canadabulls.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.
read more