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 can say that there are considerable signs of unrest among the bears. They may be seriously considering taking long positions, too. In fact, there is not much appetite for confirming bearish patterns.
Money Flow:
Currently, the bears are slightly stronger and the flow of money is rather balanced. You also have to know that the money waiting at the sidelines is getting more and more impatient for an entry!
OVERBOUGHT/OVERSOLD STOCKS
The chart above shows how CFEB.BR burst higher after the BUY signal that was issued on 08-04-2024. Since then, the stock price refused to ease back and recorded a whopping gain of 7%. Market’s upward beat, however, is in question now. Our system detected a BEARISH HARAMI CROSS pattern which may be a sign of a market mood switching from bullish to bearish. This pattern deserves utmost attention, since its confirmation may well mean the end of heady sprint we witnessed so far. It is still early to tell if this is a market top or just a correction, but we are confident that this may be a unique opportunity to take profits. However, some patience is required at this point! Do not forget that confirmation is the prerequisite for saying goodbye to the bullish camp!
Watch Recommended Stocks
Bought on
26-04-2024
 
UPG.BR
 
Last Signal
BUY
2101
Buy Level
3.7900
Bought at
3.8100
Close
3.8100
 
 
Bought on
25-04-2024
 
BAR.BR
 
Barco
 
Last Signal
STAY LONG
2207
Sell Level
13.10
Bought at
13.12
Close
13.10
Loss%
-0.15
Sold on
25-04-2024
 
KBC.BR
 
Last Signal
STAY IN CASH
0
 
Sold at
70.63
Close
68.92
Gain%
-2.42
Sold on
25-04-2024
 
SOLB.BR
 
Solvay
 
Last Signal
STAY IN CASH
2108
Buy Level
30.52
Sold at
30.88
Close
30.18
Gain%
-2.27
Sold on
24-04-2024
 
UCB.BR
 
UCB
 
Last Signal
STAY IN CASH
60000
Buy Level
124.60
Sold at
121.08
Close
124.55
Loss%
2.87
Sold on
24-04-2024
 
WDP.BR
 
Last Signal
STAY IN CASH
2106
Buy Level
24.93
Sold at
26.14
Close
24.76
Gain%
-5.28
Bought on
22-04-2024
 
SOLV.BR
 
Solvac
 
Last Signal
STAY LONG
70000
Sell Level
103.50
Bought at
105.75
Close
104.00
Loss%
-1.65
Bought on
18-04-2024
 
Last Signal
SHORT
2207
Sell Level
1.4000
Bought at
1.4605
Close
1.3900
Loss%
-4.83
Sold on
15-04-2024
 
UPG.BR
 
Last Signal
BUY
2101
Buy Level
3.7900
Sold at
4.1200
Close
3.8100
Gain%
-7.52
Sold on
12-04-2024
 
QRF.BR
 
Last Signal
STAY IN CASH
2108
Buy Level
10.20
Sold at
10.50
Close
10.20
Gain%
-2.86
Bought on
12-04-2024
 
SMAR.BR
 
Last Signal
STAY LONG
2209
Sell Level
26.25
Bought at
26.50
Close
27.10
Gain%
2.26
Sold on
11-04-2024
 
HYL.BR
 
Last Signal
STAY SHORT
2101
Buy Level
11.95
Sold at
12.25
Close
11.70
Gain%
-4.49
Sold on
11-04-2024
 
ONWD.BR
 
Last Signal
STAY IN CASH
2103
Buy Level
4.8100
Sold at
5.5800
Close
4.6900
Gain%
-15.95
Sold on
09-04-2024
 
IBAB.BR
 
Last Signal
STAY SHORT
2103
Buy Level
13.46
Sold at
13.63
Close
12.86
Gain%
-5.65
Bought on
08-04-2024
 
CFEB.BR
 
Last Signal
STAY LONG
2203
Sell Level
7.6650
Bought at
7.2000
Close
7.6700
Gain%
6.53
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