Title
by Americanbulls.com LLC
Last Update
16/04/2021
ASC
AL SHAHEER CORPORATION
Last Signal: SHORT
Last Pattern: BEARISH ENGULFING
Last Close:
14.5700
Change:
-0.1400
Percent change
-0.95%
Signal Update
Our system’s recommendation today is to SHORT. The BEARISH ENGULFING pattern finally received a confirmation because the prices crossed below the confirmation level which was at 14.7100, and our valid average selling price stands now at 14.6300. The previous BUY signal was issued on 08/04/2021, 8 days ago, when the stock price was 14.7300. Since then ASC has fallen by -0.68%.
Market Outlook
The bears have strong evidence and this evidence prompts us to make a bearish bet. The bearish pattern that was previously identified is finally confirmed and a SHORT signal is generated. Follow the signal and profit from the bearish enthusiasm before it is too late. SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop loss. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern is characterized by a large black body engulfing a preceding smaller white body, which appears during an uptrend. The black body does not necessarily engulf the shadows of the white body but totally engulfs the body itself. This is an important top reversal signal. more...
Signal History
Date 
Price 
Signal 
 
PKR100⇨ 
16/04/202114.6300SHORT 96.16
08/04/202114.7300BUY 98.19
02/04/202114.6300SELL 98.88
31/03/202115.2600BUY 103.86
24/03/202115.4200SELL 104.59
15/03/202114.0800BUY 96.17
09/03/202114.3400SHORT 95.79
03/03/202114.5500BUY 98.57
24/02/202115.5300SHORT 94.03
19/02/202115.7450BUY 96.68
08/02/202116.2900SELL 97.36
03/02/202116.2900BUY 98.05
21/01/202116.7900SELL 98.74
12/01/202116.3950BUY 97.10
07/01/202116.3100SELL 97.78
30/12/202015.7200BUY 94.91
21/12/202014.3111SHORT 106.76
15/12/202014.5763BUY 110.28
11/12/202014.3251SHORT 113.84
09/12/202014.4462BUY 116.43
03/12/202015.2521SHORT 112.15
26/11/202015.1287BUY 112.82
12/11/202017.6425SELL 113.62
05/11/202015.5680BUY 100.97
29/10/202016.0691SHORT 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
PKR100⇨ 
16/04/202114.6300SHORT 142.57
08/04/202114.7300BUY 145.58
02/04/202114.6300SELL 146.61
31/03/202115.2600BUY 154.00
24/03/202115.4200SELL 155.09
15/03/202114.0800BUY 142.61
09/03/202114.3400SHORT 142.05
03/03/202114.5500BUY 146.17
24/02/202115.5300SHORT 139.44
19/02/202115.7450BUY 143.37
08/02/202116.2900SELL 144.38
03/02/202116.2900BUY 145.40
21/01/202116.7900SELL 146.42
12/01/202116.3950BUY 143.98
07/01/202116.3100SELL 145.00
30/12/202015.7200BUY 140.74
21/12/202014.3111SHORT 158.32
15/12/202014.5763BUY 163.54
11/12/202014.3251SHORT 168.81
09/12/202014.4462BUY 172.65
03/12/202015.2521SHORT 166.31
26/11/202015.1287BUY 167.30
12/11/202017.6425SELL 168.48
05/11/202015.5680BUY 149.72
29/10/202016.0691SHORT 147.25
06/10/202015.3574BUY 142.72
28/09/202017.1926SELL 143.73
22/09/202017.8902BUY 150.62
18/09/202017.1214SELL 151.68
07/09/202013.1246BUY 117.09
02/09/202012.8579SELL 117.92
25/08/202011.1812BUY 103.27
12/08/202011.6714SELL 104.00
27/07/202010.8288BUY 97.17
22/07/202011.3995SELL 97.85
02/07/202010.2821BUY 88.88
26/06/202010.1021SELL 89.51
24/06/20209.9769BUY 89.02
19/06/20209.8686SHORT 91.28
17/06/202010.1576BUY 95.28
03/06/20209.5550SELL 95.95
29/05/20208.9445BUY 90.45
20/05/20208.4136SHORT 97.91
12/05/20208.4943BUY 100.25
04/05/20208.6178SELL 100.96
17/04/20208.4171BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
PKR100⇨ 
16/04/202114.6300SHORT 225.45
08/04/202114.7300BUY 230.20
02/04/202114.6300SELL 231.82
31/03/202115.2600BUY 243.51
24/03/202115.4200SELL 245.23
15/03/202114.0800BUY 225.50
09/03/202114.3400SHORT 224.62
03/03/202114.5500BUY 231.13
24/02/202115.5300SHORT 220.49
19/02/202115.7450BUY 226.71
08/02/202116.2900SELL 228.31
03/02/202116.2900BUY 229.92
21/01/202116.7900SELL 231.54
12/01/202116.3950BUY 227.69
07/01/202116.3100SELL 229.30
30/12/202015.7200BUY 222.56
21/12/202014.3111SHORT 250.36
15/12/202014.5763BUY 258.61
11/12/202014.3251SHORT 266.95
09/12/202014.4462BUY 273.02
03/12/202015.2521SHORT 262.99
26/11/202015.1287BUY 264.55
12/11/202017.6425SELL 266.41
05/11/202015.5680BUY 236.74
29/10/202016.0691SHORT 232.83
06/10/202015.3574BUY 225.67
28/09/202017.1926SELL 227.26
22/09/202017.8902BUY 238.15
18/09/202017.1214SELL 239.83
07/09/202013.1246BUY 185.14
02/09/202012.8579SELL 186.45
25/08/202011.1812BUY 163.28
12/08/202011.6714SELL 164.43
27/07/202010.8288BUY 153.63
22/07/202011.3995SELL 154.71
02/07/202010.2821BUY 140.53
26/06/202010.1021SELL 141.52
24/06/20209.9769BUY 140.75
19/06/20209.8686SHORT 144.33
17/06/202010.1576BUY 150.66
03/06/20209.5550SELL 151.72
29/05/20208.9445BUY 143.03
20/05/20208.4136SHORT 154.82
12/05/20208.4943BUY 158.52
04/05/20208.6178SELL 159.64
17/04/20208.4171BUY 157.02
14/04/20208.0397SHORT 167.09
09/04/20208.5052BUY 179.27
06/04/20208.4180SELL 180.53
30/03/20206.5449BUY 141.35
09/03/202010.6337SELL 142.35
05/03/202010.9219BUY 147.24
28/02/202010.4650SHORT 156.14
19/02/202010.5467BUY 159.59
22/01/202011.5799SELL 160.72
20/01/202011.6954BUY 163.47
15/01/202011.3162SHORT 171.53
01/01/202011.2406BUY 172.79
18/12/201911.8055SHORT 167.23
16/12/201912.2619BUY 176.15
06/12/201913.1342SELL 177.39
12/11/201910.6741BUY 145.18
01/11/201910.8793SELL 146.20
30/10/201910.2030BUY 138.08
11/10/20199.6024SELL 139.05
03/10/20198.5610BUY 124.84
29/08/20199.5450SELL 125.72
19/08/20198.3295BUY 110.48
06/08/20198.5892SHORT 108.75
31/07/20198.6245BUY 110.74
18/06/201910.6722SELL 111.52
12/06/201910.5227BUY 110.73
28/05/20199.9940SHORT 118.57
22/05/20199.8938BUY 119.04
18/04/201912.6157SHORT 99.30
† Trade commissions are taken as 0.70%.

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