MARKET STATUS REPORT
Trend:
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 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 bulls are stronger and more money is flowing into 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
The chart above shows how RDS.V displayed a rally after the BUY signal which was issued on 09/09/2024. Since then, the gain in this stock stretched to a whopping 46%. 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
07/10/2024
 
AVN.V
 
Last Signal
BUY
2103
Buy Level
0.1600
Bought at
0.1700
Close
0.1700
 
 
Sold on
07/10/2024
 
RDS.V
 
Last Signal
SELL
2205
Sell Level
0.3100
Sold at
0.2920
Close
0.2800
Gain%
-4.11
Sold on
04/10/2024
 
GXU.V
 
Last Signal
STAY IN CASH
2102
Buy Level
0.0900
Sold at
0.0890
Close
0.0900
Loss%
1.12
Bought on
04/10/2024
 
NWST.V
 
Last Signal
STAY LONG
2209
Sell Level
0.1575
Bought at
0.1595
Close
0.1600
Gain%
0.31
Bought on
03/10/2024
 
AVCR.V
 
Last Signal
STAY LONG
2203
Sell Level
0.1850
Bought at
0.1820
Close
0.1900
Gain%
4.40
Sold on
03/10/2024
 
SIG.V
 
Last Signal
BUY
2109
Buy Level
0.3425
Sold at
0.3460
Close
0.3800
Loss%
9.83
Bought on
02/10/2024
 
NRM.V
 
Last Signal
STAY LONG
2201
Sell Level
0.1400
Bought at
0.1500
Close
0.1400
Loss%
-6.67
Bought on
01/10/2024
 
EQTY.V
 
Last Signal
STAY LONG
0
 
Bought at
0.2150
Close
0.2150
 
 
Sold on
01/10/2024
 
PNPN.V
 
Last Signal
BUY
60000
Buy Level
0.8000
Sold at
0.7550
Close
0.8100
Loss%
7.28
Sold on
27/09/2024
 
PTK.V
 
Last Signal
STAY IN CASH
0
 
Sold at
6.0400
Close
6.0900
Loss%
0.83
Bought on
26/09/2024
 
GLDC.V
 
Last Signal
STAY LONG
70000
Sell Level
0.2300
Bought at
0.2400
Close
0.2250
Loss%
-6.25
Sold on
26/09/2024
 
NICU.V
 
Last Signal
STAY IN CASH
2109
Buy Level
1.2950
Sold at
1.2700
Close
1.1800
Gain%
-7.09
Sold on
25/09/2024
 
TUD.V
 
Last Signal
STAY IN CASH
0
 
Sold at
1.1000
Close
1.0400
Gain%
-5.45
Sold on
24/09/2024
 
ELBM.V
 
Last Signal
STAY IN CASH
2101
Buy Level
0.8900
Sold at
0.8500
Close
0.8900
Loss%
4.71
Sold on
10/09/2024
 
WISH.V
 
Last Signal
STAY IN CASH
2107
Buy Level
0.3500
Sold at
0.3900
Close
0.3350
Gain%
-14.10
Sold on
29/08/2024
 
AVN.V
 
Last Signal
BUY
2103
Buy Level
0.1600
Sold at
0.2300
Close
0.1700
Gain%
-26.09
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