Title
by Americanbulls.com LLC
  • English
    v
Last Update
10/07/2020
DFSM
DEWAN FAROOQUE SPINNING MILLS
Last Signal: STAY LONG
Last Pattern: BEARISH MEETING LINE
Last Close:
1.5900
Change:
+0.0200
Percent change
+1.27%
Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 01/07/2020, 9 days ago, when the stock price was 1.3500. Since then DFSM has risen by +17.78%.
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 pattern occurs during an uptrend. The first day’s white candlestick is followed by a black candlestick that opens sharply higher and closes at the same level as the prior session’s close. It is similar to the Dark Cloud Cover pattern. However, the amount the second day drops is different. The Dark Cloud Cover’s second day closes below the midpoint of the first day’s body, while the second day the Bearish Meeting Line closes the same as the first day. Consequently, the Dark Cloud Cover is a more significant top reversal. Nonetheless, the Bearish Meeting Line should also be respected. more...
Signal History
Date 
Price 
Signal 
 
PKR100⇨ 
01/07/20201.3500BUY 102.86
26/06/20201.4400SELL 103.59
16/06/20201.4000BUY 101.42
11/05/20201.4200SELL 102.13
28/04/20201.3100BUY 94.88
23/04/20201.1900SELL 95.55
20/04/20201.2100BUY 97.84
07/04/20201.2000SHORT 100.06
30/03/20201.1900BUY 100.63
09/03/20201.7500SELL 101.34
03/03/20201.7200BUY 100.30
31/01/20201.9300SHORT 91.74
24/01/20202.0600BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
PKR100⇨ 
01/07/20201.3500BUY 136.30
26/06/20201.4400SELL 137.26
16/06/20201.4000BUY 134.39
11/05/20201.4200SELL 135.34
28/04/20201.3100BUY 125.74
23/04/20201.1900SELL 126.63
20/04/20201.2100BUY 129.67
07/04/20201.2000SHORT 132.61
30/03/20201.1900BUY 133.37
09/03/20201.7500SELL 134.31
03/03/20201.7200BUY 132.94
31/01/20201.9300SHORT 121.59
24/01/20202.0600BUY 131.62
15/01/20202.0200SELL 132.55
26/12/20191.8600BUY 122.91
09/12/20192.2500SELL 123.78
28/11/20191.8600BUY 103.05
21/11/20191.7750SELL 103.78
24/10/20191.4750BUY 86.85
11/10/20191.5700SELL 87.46
01/10/20191.1000BUY 61.71
27/09/20191.1000SHORT 62.58
06/09/20191.2000BUY 69.24
23/08/20191.1800SELL 69.73
19/08/20191.1000BUY 65.46
09/08/20191.1100SHORT 65.79
01/08/20191.1600BUY 69.73
30/07/20191.1000SHORT 74.80
24/07/20191.4400BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
PKR100⇨ 
01/07/20201.3500BUY 193.30
26/06/20201.4400SELL 194.66
16/06/20201.4000BUY 190.59
11/05/20201.4200SELL 191.93
28/04/20201.3100BUY 178.31
23/04/20201.1900SELL 179.57
20/04/20201.2100BUY 183.88
07/04/20201.2000SHORT 188.05
30/03/20201.1900BUY 189.12
09/03/20201.7500SELL 190.45
03/03/20201.7200BUY 188.50
31/01/20201.9300SHORT 172.41
24/01/20202.0600BUY 186.63
15/01/20202.0200SELL 187.95
26/12/20191.8600BUY 174.28
09/12/20192.2500SELL 175.51
28/11/20191.8600BUY 146.11
21/11/20191.7750SELL 147.14
24/10/20191.4750BUY 123.13
11/10/20191.5700SELL 124.00
01/10/20191.1000BUY 87.49
27/09/20191.1000SHORT 88.73
06/09/20191.2000BUY 98.17
23/08/20191.1800SELL 98.86
19/08/20191.1000BUY 92.81
09/08/20191.1100SHORT 93.28
01/08/20191.1600BUY 98.86
30/07/20191.1000SHORT 106.04
24/07/20191.4400BUY 140.78
04/07/20191.4200SELL 141.77
28/06/20191.3900BUY 139.75
28/05/20191.4500SELL 140.74
22/05/20191.3500BUY 131.96
03/05/20191.6600SELL 132.89
29/04/20191.7850BUY 143.90
23/04/20191.7800SHORT 146.35
17/04/20191.8200BUY 151.76
07/03/20192.0600SHORT 137.85
01/03/20192.0600BUY 139.80
25/02/20192.0800SHORT 140.43
15/02/20192.3100BUY 158.17
29/01/20192.6400SELL 159.29
08/01/20192.2700BUY 137.93
27/12/20182.4250SHORT 131.48
14/12/20182.5800BUY 141.86
14/11/20182.6000SELL 142.86
09/11/20182.7300BUY 151.06
02/11/20182.7500SELL 152.12
17/10/20182.2000BUY 122.55
24/09/20182.7700SELL 123.41
14/09/20182.7400BUY 122.93
29/08/20182.9700SHORT 115.71
27/08/20182.9600BUY 116.95
10/08/20183.2400SELL 117.77
27/07/20182.7800BUY 101.76
23/07/20182.3800SELL 102.48
17/07/20182.2900BUY 99.30
† Trade commissions are taken as 0.70%.

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