MARKET STATUS REPORT
Trend:
The market is BEARISH for the moment. The bears are dominating the market. 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 bears are slightly stronger and the flow of money is rather balanced. You also have to know that the bears are not very comfortable and they are closely watching the market for a timely entry.
OVERBOUGHT/OVERSOLD STOCKS
The chart above shows how PACE displayed a rally after the BUY signal which was issued on 21/05/2024. Since then, the gain in this stock stretched to a whopping 19%. 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
30/05/2024
 
GFIL
 
Last Signal
BUY
2108
Buy Level
9.5350
Bought at
9.6400
Close
9.7100
Gain%
0.73
Sold on
30/05/2024
 
PACE
 
Last Signal
SELL
2205
Sell Level
3.9000
Sold at
3.8700
Close
3.8700
 
 
Bought on
30/05/2024
 
SPL
 
Last Signal
BUY
2108
Buy Level
14.24
Bought at
14.32
Close
14.50
Gain%
1.26
Bought on
29/05/2024
 
AICL
 
Last Signal
STAY LONG
2203
Sell Level
34.38
Bought at
34.62
Close
34.57
Loss%
-0.14
Sold on
29/05/2024
 
BAHL
 
Last Signal
STAY SHORT
0
 
Sold at
101.06
Close
99.56
Gain%
-1.48
Sold on
29/05/2024
 
DCL
 
Last Signal
STAY IN CASH
2105
Buy Level
11.06
Sold at
10.18
Close
11.06
Loss%
8.64
Bought on
29/05/2024
 
META
 
Last Signal
STAY LONG
0
 
Bought at
11.20
Close
11.84
Gain%
5.71
Sold on
27/05/2024
 
ALTN
 
Last Signal
STAY IN CASH
0
 
Sold at
23.79
Close
22.54
Gain%
-5.25
Bought on
27/05/2024
 
FPJM
 
Last Signal
STAY LONG
0
 
Bought at
1.4700
Close
1.4700
 
 
Bought on
24/05/2024
 
OCTOPUS
 
Last Signal
STAY LONG
2206
Sell Level
61.40
Bought at
58.14
Close
62.60
Gain%
7.67
Sold on
24/05/2024
 
SYM
 
Last Signal
STAY IN CASH
2102
Buy Level
6.1100
Sold at
5.6700
Close
6.1100
Loss%
7.76
Sold on
24/05/2024
 
WHALE
 
Last Signal
STAY IN CASH
60000
Buy Level
12.71
Sold at
12.08
Close
13.49
Loss%
11.67
Sold on
23/05/2024
 
DCR
 
Last Signal
STAY IN CASH
0
 
Sold at
16.25
Close
16.17
Gain%
-0.49
Bought on
23/05/2024
 
WTL
 
Last Signal
STAY LONG
3207
Sell Level
1.3400
Bought at
1.3600
Close
1.3400
Loss%
-1.47
Bought on
22/05/2024
 
CLOV
 
Last Signal
STAY LONG
0
 
Bought at
49.07
Close
48.04
Loss%
-2.10
Bought on
21/05/2024
 
GCIL
 
Last Signal
SHORT
70000
Sell Level
10.31
Bought at
10.55
Close
10.19
Loss%
-3.41
Sold on
20/05/2024
 
ABOT
 
Last Signal
STAY IN CASH
60000
Buy Level
690.00
Sold at
666.00
Close
675.85
Loss%
1.48
Sold on
20/05/2024
 
GWLC
 
Last Signal
STAY IN CASH
2111
Buy Level
30.07
Sold at
32.41
Close
30.07
Gain%
-7.22
Bought on
20/05/2024
 
SCBPL
 
Last Signal
STAY LONG
3209
Sell Level
56.39
Bought at
47.96
Close
57.42
Gain%
19.72
Sold on
16/05/2024
 
FATIMA
 
Last Signal
STAY SHORT
2108
Buy Level
49.85
Sold at
49.03
Close
48.71
Gain%
-0.65
Sold on
15/05/2024
 
GHNI
 
Last Signal
STAY IN CASH
2101
Buy Level
285.31
Sold at
308.29
Close
276.42
Gain%
-10.34
Sold on
14/05/2024
 
BGL
 
Last Signal
STAY SHORT
2103
Buy Level
13.20
Sold at
15.89
Close
13.14
Gain%
-17.31
Bought on
14/05/2024
 
EFERT
 
Last Signal
STAY LONG
2211
Sell Level
152.46
Bought at
147.16
Close
158.16
Gain%
7.47
Sold on
13/05/2024
 
THCCL
 
Last Signal
STAY IN CASH
2102
Buy Level
37.82
Sold at
37.88
Close
37.82
Gain%
-0.16
Sold on
10/05/2024
 
CLVL
 
Last Signal
STAY SHORT
0
 
Sold at
12.15
Close
7.5800
Gain%
-37.61
Bought on
10/05/2024
 
MFL
 
Last Signal
STAY LONG
0
 
Bought at
26.37
Close
26.07
Loss%
-1.14
Sold on
08/05/2024
 
LOADS
 
Loads
 
Last Signal
STAY IN CASH
2108
Buy Level
10.85
Sold at
12.06
Close
10.29
Gain%
-14.68
Sold on
07/05/2024
 
TPLI
 
Last Signal
STAY IN CASH
2107
Buy Level
16.45
Sold at
17.77
Close
14.69
Gain%
-17.33
Bought on
03/05/2024
 
SPWL
 
Last Signal
STAY LONG
2206
Sell Level
18.58
Bought at
18.21
Close
18.72
Gain%
2.80
Bought on
01/04/2024
 
AHL
 
Last Signal
STAY LONG
2206
Sell Level
56.38
Bought at
45.36
Close
56.75
Gain%
25.11
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.

Pakistanibulls.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, Pakistanibulls.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 Pakistanibulls.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 Pakistanibulls.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