Title
by Americanbulls.com LLC
Last Update
22/01/2020
CHCC
CHERAT CEMENT COMPANY
Last Signal: STAY LONG
Last Pattern: BEARISH EVENING STAR
Last Close:
52.6700
Change:
+1.3000
Percent change
+2.53%
Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 16/01/2020, 6 days ago, when the stock price was 53.1700. Since then CHCC has fallen by -0.94%.
Market Outlook
The market is uncertain with a negative tilt. The traders seem to be in disagreement. The negative sentiment, however, is increasing as evident from the last bearish pattern. So, it is better to be on alert. 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 is a three-candlestick pattern signaling a major top reversal. It is composed of a white candlestick followed by a short candlestick, which characteristically gaps up to form a star. Then we have a third black candlestick whose closing is well into the first session’s white body. This is a meaningful top pattern. more...
Signal History
Date 
Price 
Signal 
 
PKR100⇨ 
16/01/202053.1700BUY 184.66
06/01/202051.5800SELL 185.96
01/01/202053.5300BUY 194.35
24/12/201953.9200SELL 195.72
16/12/201952.7700BUY 192.90
09/12/201951.2700SELL 194.26
25/11/201948.2400BUY 184.07
19/11/201951.3900SELL 185.37
29/10/201932.8200BUY 119.22
17/10/201932.2436SELL 120.06
11/10/201933.4700BUY 125.50
08/10/201932.2436SELL 126.38
25/09/201924.5078BUY 96.74
20/09/201924.9402SELL 97.42
12/09/201925.5001BUY 100.31
30/08/201924.4612SELL 101.02
19/08/201923.1984BUY 96.48
06/08/201923.9091SHORT 95.02
02/08/201924.6363BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
PKR100⇨ 
16/01/202053.1700BUY 221.84
06/01/202051.5800SELL 223.40
01/01/202053.5300BUY 233.48
24/12/201953.9200SELL 235.13
16/12/201952.7700BUY 231.74
09/12/201951.2700SELL 233.37
25/11/201948.2400BUY 221.13
19/11/201951.3900SELL 222.69
29/10/201932.8200BUY 143.22
17/10/201932.2436SELL 144.23
11/10/201933.4700BUY 150.77
08/10/201932.2436SELL 151.83
25/09/201924.5078BUY 116.22
20/09/201924.9402SELL 117.04
12/09/201925.5001BUY 120.51
30/08/201924.4612SELL 121.36
19/08/201923.1984BUY 115.91
06/08/201923.9091SHORT 114.16
02/08/201924.6363BUY 119.30
08/07/201929.3034SHORT 104.37
01/07/201928.1636BUY 101.73
24/06/201929.8898SHORT 97.54
20/06/201930.2461BUY 100.10
18/06/201930.9282SHORT 99.33
14/06/201931.8305BUY 103.67
28/05/201931.1992SHORT 107.31
23/05/201931.6130BUY 110.27
07/05/201937.1690SHORT 97.29
22/04/201938.5182BUY 102.25
16/04/201943.3909SHORT 93.23
12/04/201944.3709BUY 96.68
19/02/201967.9747SELL 97.36
13/02/201969.4455BUY 100.17
08/02/201966.1748SELL 100.88
01/02/201962.6147BUY 96.13
29/01/201962.3636SHORT 97.88
25/01/201962.3876BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
PKR100⇨ 
16/01/202053.1700BUY 243.16
06/01/202051.5800SELL 244.87
01/01/202053.5300BUY 255.92
24/12/201953.9200SELL 257.72
16/12/201952.7700BUY 254.00
09/12/201951.2700SELL 255.79
25/11/201948.2400BUY 242.37
19/11/201951.3900SELL 244.08
29/10/201932.8200BUY 156.98
17/10/201932.2436SELL 158.09
11/10/201933.4700BUY 165.26
08/10/201932.2436SELL 166.43
25/09/201924.5078BUY 127.39
20/09/201924.9402SELL 128.29
12/09/201925.5001BUY 132.09
30/08/201924.4612SELL 133.02
19/08/201923.1984BUY 127.04
06/08/201923.9091SHORT 125.12
02/08/201924.6363BUY 130.75
08/07/201929.3034SHORT 114.38
01/07/201928.1636BUY 111.49
24/06/201929.8898SHORT 106.89
20/06/201930.2461BUY 109.69
18/06/201930.9282SHORT 108.84
14/06/201931.8305BUY 113.60
28/05/201931.1992SHORT 117.59
23/05/201931.6130BUY 120.84
07/05/201937.1690SHORT 106.61
22/04/201938.5182BUY 112.04
16/04/201943.3909SHORT 102.15
12/04/201944.3709BUY 105.94
19/02/201967.9747SELL 106.69
13/02/201969.4455BUY 109.77
08/02/201966.1748SELL 110.54
01/02/201962.6147BUY 105.33
29/01/201962.3636SHORT 107.25
25/01/201962.3876BUY 108.81
10/01/201966.4389SELL 109.58
01/01/201963.9619BUY 106.24
27/12/201864.2182SHORT 107.31
19/12/201864.2000BUY 108.80
28/11/201877.7819SELL 109.57
15/11/201869.8897BUY 99.15
05/11/201871.6642SELL 99.85
26/10/201858.4743BUY 82.05
23/10/201853.3700SHORT 92.01
19/10/201853.9344BUY 94.30
05/10/201870.0912SHORT 77.72
28/09/201871.7280BUY 80.66
24/09/201873.0790SHORT 80.32
11/09/201873.1455BUY 81.53
06/09/201875.0645SHORT 80.62
04/09/201877.3191BUY 84.22
15/08/201884.5641SELL 84.81
10/08/201886.3818BUY 87.24
31/07/201887.3271SELL 87.85
26/07/201882.6832BUY 83.76
23/07/201876.9636SHORT 91.77
18/07/201876.9296BUY 93.03
16/07/201876.4233SHORT 94.98
12/07/201877.2727BUY 97.39
30/03/2018119.3125SELL 98.08
21/03/2018117.8182BUY 97.53
14/03/2018119.3862SELL 98.22
12/03/2018120.6000BUY 99.92
07/03/2018123.9039SELL 100.62
28/02/2018114.2647BUY 93.45
15/02/2018113.0182SHORT 95.83
13/02/2018115.4818BUY 99.30
† Trade commissions are taken as 0.70%.

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.