Title
by Americanbulls.com LLC
Last Update
27/11/2020
GLAXO
GLAXO SMITHKLINE PAKISTAN
Last Signal: STAY IN CASH
Last Pattern: BULLISH STOP LOSS
Last Close:
180.0400
Change:
-2.4000
Percent change
-1.32%
Signal Update
Our system’s recommendation today is to STAY IN CASH. The previous SELL signal was issued on 25/11/2020, 2 days ago, when the stock price was 179.2000. Since then GLAXO has risen by +0.47%.
Market Outlook
The upward thrust we saw during the day was unforeseeable. It was again a bloody day with high volatility. The share price edged up enough to trigger bullish stop loss of the last bearish pattern, but then closed quite distant from the stop loss level. Besides, the signal is suggesting to STAY IN CASH. It is best to follow the signal and wait on the sidelines while looking forward to a genuine bull run. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is not a standard candlestick pattern. It is simply the stop loss compliment of all the confirmed bearish patterns. The conditions for the activation of the Bullish stop loss are two consecutive highs or a close above the stop loss level of a recently confirmed bearish pattern. more...
Signal History
Date 
Price 
Signal 
 
PKR100⇨ 
25/11/2020179.2000SELL 87.99
19/11/2020181.8300BUY 89.91
06/11/2020173.6000SHORT 95.72
03/11/2020174.4900BUY 97.57
25/09/2020183.8600SELL 98.26
21/09/2020185.0350BUY 99.59
17/09/2020183.5600SELL 100.29
11/09/2020180.1400BUY 99.12
31/08/2020182.6000SHORT 99.19
24/08/2020184.9600BUY 101.89
05/08/2020185.6700SELL 102.61
03/08/2020189.8200BUY 105.64
29/07/2020185.6500SHORT 109.60
27/07/2020188.6400BUY 112.94
09/07/2020197.9450SELL 113.74
02/07/2020174.7800BUY 101.14
11/06/2020181.5500SELL 101.85
28/05/2020175.7600BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
PKR100⇨ 
25/11/2020179.2000SELL 98.76
19/11/2020181.8300BUY 100.92
06/11/2020173.6000SHORT 107.44
03/11/2020174.4900BUY 109.52
25/09/2020183.8600SELL 110.29
21/09/2020185.0350BUY 111.78
17/09/2020183.5600SELL 112.57
11/09/2020180.1400BUY 111.25
31/08/2020182.6000SHORT 111.32
24/08/2020184.9600BUY 114.35
05/08/2020185.6700SELL 115.16
03/08/2020189.8200BUY 118.56
29/07/2020185.6500SHORT 123.00
27/07/2020188.6400BUY 126.75
09/07/2020197.9450SELL 127.64
02/07/2020174.7800BUY 113.50
11/06/2020181.5500SELL 114.30
28/05/2020175.7600BUY 111.43
08/05/2020168.4900SELL 112.22
30/04/2020174.2000BUY 116.84
20/04/2020178.9600SELL 117.66
14/04/2020162.7700BUY 107.77
06/04/2020169.2500SHORT 105.26
27/03/2020156.5200BUY 98.72
18/03/2020174.2100SELL 99.42
02/03/2020165.4800BUY 95.10
21/02/2020168.6600SELL 95.77
12/02/2020170.9600BUY 97.76
10/02/2020172.7300SELL 98.45
06/02/2020176.8000BUY 101.48
03/02/2020176.3500SELL 102.20
27/01/2020162.1200BUY 94.62
16/01/2020166.1800SHORT 93.67
10/01/2020164.0750BUY 93.79
30/12/2019163.4400SHORT 95.49
26/12/2019169.9000BUY 100.67
13/12/2019179.2000SELL 101.38
10/12/2019174.3000BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
PKR100⇨ 
25/11/2020179.2000SELL 356.88
19/11/2020181.8300BUY 364.67
06/11/2020173.6000SHORT 388.24
03/11/2020174.4900BUY 395.75
25/09/2020183.8600SELL 398.54
21/09/2020185.0350BUY 403.91
17/09/2020183.5600SELL 406.76
11/09/2020180.1400BUY 402.00
31/08/2020182.6000SHORT 402.27
24/08/2020184.9600BUY 413.23
05/08/2020185.6700SELL 416.14
03/08/2020189.8200BUY 428.44
29/07/2020185.6500SHORT 444.49
27/07/2020188.6400BUY 458.04
09/07/2020197.9450SELL 461.27
02/07/2020174.7800BUY 410.16
11/06/2020181.5500SELL 413.05
28/05/2020175.7600BUY 402.70
08/05/2020168.4900SELL 405.54
30/04/2020174.2000BUY 422.24
20/04/2020178.9600SELL 425.22
14/04/2020162.7700BUY 389.48
06/04/2020169.2500SHORT 380.43
27/03/2020156.5200BUY 356.79
18/03/2020174.2100SELL 359.31
02/03/2020165.4800BUY 343.71
21/02/2020168.6600SELL 346.13
12/02/2020170.9600BUY 353.32
10/02/2020172.7300SELL 355.81
06/02/2020176.8000BUY 366.76
03/02/2020176.3500SELL 369.35
27/01/2020162.1200BUY 341.94
16/01/2020166.1800SHORT 338.51
10/01/2020164.0750BUY 338.95
30/12/2019163.4400SHORT 345.09
26/12/2019169.9000BUY 363.80
13/12/2019179.2000SELL 366.36
10/12/2019174.3000BUY 358.85
03/12/2019181.7500SELL 361.38
25/11/2019155.6800BUY 311.73
21/11/2019157.3500SELL 313.93
28/10/2019104.9250BUY 210.81
17/10/2019111.5000SELL 212.30
09/10/2019102.1000BUY 195.77
23/09/201997.0500SELL 197.15
17/09/201987.3800BUY 178.76
13/09/201985.1200SHORT 186.23
04/09/201985.2500BUY 189.15
26/08/201992.5900SELL 190.48
19/08/201986.3800BUY 178.96
25/07/201991.4600SHORT 171.94
22/07/201991.5000BUY 174.45
11/07/201995.0800SHORT 170.50
09/07/201995.4300BUY 173.55
04/07/201998.9800SELL 174.77
28/06/201994.4100BUY 167.88
03/06/2019104.4700SHORT 155.30
22/05/201993.8750BUY 141.52
22/04/2019130.4200SHORT 112.11
12/04/2019139.6800BUY 121.77
01/04/2019142.9500SHORT 120.73
27/03/2019144.5350BUY 123.80
15/03/2019145.2500SELL 124.67
04/03/2019135.6500BUY 117.25
07/02/2019147.3500SELL 118.08
29/01/2019133.4300BUY 107.68
24/01/2019133.1000SELL 108.44
18/01/2019130.9700BUY 107.46
16/01/2019127.6000SELL 108.22
08/01/2019116.2600BUY 99.30
† Trade commissions are taken as 0.70%.

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