Title
by Americanbulls.com LLC
Last Update
04-12-2020
MELE.BR
MELEXIS (D)
Last Signal: STAY LONG
Last Pattern: BEARISH DARK CLOUD COVER
Last Close:
81.5000
Change:
+0.6000
Percent change
+0.74%
Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 24-11-2020, 10 days ago, when the stock price was 74.5400. Since then MELE.BR has risen by +9.34%.
Market Outlook
The bulls are in full control. The negative sentiment that led to the last bearish pattern has evaporated. Besides, the signal is suggesting to STAY LONG. It is best to follow the signal and continue to hold this security. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is a top reversal pattern with two candlesticks. A white candlestick appears on the first day while an uptrend is in progress. The second day opens at a new high, with a gap up and closes more than halfway into the prior white body, leading to the formation of a strong black candlestick. more...
Signal History
Date 
Price 
Signal 
 
€100⇨ 
24-11-202074.5400BUY 114.01
19-11-202072.2500SELL 114.18
11-11-202069.5500BUY 110.08
06-11-202067.0300SHORT 114.72
02-11-202065.6100BUY 112.63
15-10-202071.6100SELL 112.80
28-09-202065.7000BUY 103.65
21-09-202069.3700SELL 103.81
09-09-202068.1600BUY 102.15
08-09-202066.7400SHORT 104.68
02-09-202068.1700BUY 107.24
28-08-202066.8000SHORT 109.81
25-08-202068.0450BUY 112.19
14-08-202069.9950SHORT 109.48
05-08-202070.1500BUY 110.05
03-08-202070.6600SELL 110.22
27-07-202067.7200BUY 105.79
09-07-202069.8200SELL 105.95
17-06-202065.7000BUY 99.85
† Trade commissions are taken as 0.15%.
Date 
Price 
Signal 
 
€100⇨ 
24-11-202074.5400BUY 146.08
19-11-202072.2500SELL 146.30
11-11-202069.5500BUY 141.04
06-11-202067.0300SHORT 146.99
02-11-202065.6100BUY 144.31
15-10-202071.6100SELL 144.53
28-09-202065.7000BUY 132.80
21-09-202069.3700SELL 133.00
09-09-202068.1600BUY 130.88
08-09-202066.7400SHORT 134.13
02-09-202068.1700BUY 137.42
28-08-202066.8000SHORT 140.72
25-08-202068.0450BUY 143.77
14-08-202069.9950SHORT 140.29
05-08-202070.1500BUY 141.02
03-08-202070.6600SELL 141.23
27-07-202067.7200BUY 135.56
09-07-202069.8200SELL 135.76
17-06-202065.7000BUY 127.94
09-06-202065.4400SELL 128.13
03-06-202063.0400BUY 123.62
29-05-202059.8600SELL 123.81
19-05-202054.9100BUY 113.74
06-05-202055.3000SELL 113.91
22-04-202049.4100BUY 101.93
30-03-202047.8800SHORT 105.61
24-03-202051.0200BUY 112.87
28-02-202062.3000SHORT 95.85
26-02-202067.4500BUY 104.09
07-02-202071.6100SELL 104.25
04-02-202065.8600BUY 96.02
28-01-202065.9900SELL 96.16
24-01-202068.1100BUY 99.40
20-01-202067.4000SHORT 100.76
16-01-202068.0500BUY 102.04
10-01-202068.6200SELL 102.19
08-01-202067.7700BUY 101.08
31-12-201967.3300SELL 101.23
06-12-201966.3100BUY 99.85
† Trade commissions are taken as 0.15%.
Date 
Price 
Signal 
 
€100⇨ 
24-11-202074.5400BUY 250.77
19-11-202072.2500SELL 251.15
11-11-202069.5500BUY 242.13
06-11-202067.0300SHORT 252.35
02-11-202065.6100BUY 247.75
15-10-202071.6100SELL 248.12
28-09-202065.7000BUY 227.98
21-09-202069.3700SELL 228.32
09-09-202068.1600BUY 224.67
08-09-202066.7400SHORT 230.24
02-09-202068.1700BUY 235.88
28-08-202066.8000SHORT 241.54
25-08-202068.0450BUY 246.78
14-08-202069.9950SHORT 240.81
05-08-202070.1500BUY 242.07
03-08-202070.6600SELL 242.43
27-07-202067.7200BUY 232.69
09-07-202069.8200SELL 233.04
17-06-202065.7000BUY 219.62
09-06-202065.4400SELL 219.95
03-06-202063.0400BUY 212.20
29-05-202059.8600SELL 212.52
19-05-202054.9100BUY 195.24
06-05-202055.3000SELL 195.53
22-04-202049.4100BUY 174.97
30-03-202047.8800SHORT 181.29
24-03-202051.0200BUY 193.76
28-02-202062.3000SHORT 164.55
26-02-202067.4500BUY 178.69
07-02-202071.6100SELL 178.96
04-02-202065.8600BUY 164.84
28-01-202065.9900SELL 165.09
24-01-202068.1100BUY 170.65
20-01-202067.4000SHORT 172.99
16-01-202068.0500BUY 175.18
10-01-202068.6200SELL 175.44
08-01-202067.7700BUY 173.53
31-12-201967.3300SELL 173.79
06-12-201966.3100BUY 171.41
02-12-201965.8900SHORT 173.03
25-11-201965.3600BUY 172.15
14-11-201967.2800SELL 172.41
05-11-201964.8000BUY 166.30
29-10-201966.3800SELL 166.55
23-10-201963.5300BUY 159.64
17-10-201961.9100SHORT 164.42
14-10-201963.1500BUY 168.22
08-10-201961.4750SHORT 173.45
04-10-201962.0900BUY 175.71
20-09-201970.6000SELL 175.97
06-09-201963.2500BUY 157.89
03-09-201956.8500SELL 158.13
29-08-201956.7950BUY 158.21
23-08-201956.9300SHORT 158.31
19-08-201955.8100BUY 155.66
12-08-201956.2300SHORT 154.97
08-08-201957.2100BUY 158.14
26-07-201964.6500SELL 158.38
15-07-201957.7000BUY 141.57
03-07-201959.9700SELL 141.78
27-06-201957.2600BUY 135.58
14-06-201961.8500SHORT 126.59
07-06-201962.5000BUY 128.31
24-05-201961.9500SHORT 129.85
22-05-201964.5000BUY 135.60
20-05-201965.6400SHORT 133.69
15-05-201966.6500BUY 136.16
09-05-201970.8600SELL 136.36
01-04-201955.5000BUY 106.96
25-03-201957.7000SELL 107.12
12-03-201957.4000BUY 106.72
06-03-201959.7100SELL 106.88
01-03-201958.3700BUY 104.64
27-02-201959.7600SHORT 102.57
25-02-201960.9400BUY 104.91
21-02-201959.3600SELL 105.07
12-02-201955.5600BUY 98.49
05-02-201960.0100SELL 98.64
25-01-201960.0800BUY 98.90
23-01-201955.8300SELL 99.05
18-01-201955.9100BUY 99.34
15-01-201954.4150SELL 99.49
07-01-201949.3300BUY 90.33
03-01-201948.7900SHORT 91.62
28-12-201849.2300BUY 92.72
14-12-201847.4000SHORT 96.73
12-12-201848.7800BUY 99.85
† Trade commissions are taken as 0.15%.

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.

Belgianbulls.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, Belgianbulls.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 Belgianbulls.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 Belgianbulls.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.