Title
by Americanbulls.com LLC
Last Update
24/06/2022
LOTCHEM
LOTTE CHEMICAL PAKISTAN
Last Signal: SHORT
Last Pattern: BEARISH DOJI STAR
Last Close:
24.0900
Change:
-1.9500
Percent change
-7.49%
Signal Update
Our system’s recommendation today is to SHORT. The BEARISH DOJI STAR pattern finally received a confirmation because the prices crossed below the confirmation level which was at 25.9250, and our valid average selling price stands now at 25.7550. The previous BUY signal was issued on 21/06/2022, 3 days ago, when the stock price was 23.4400. Since then LOTCHEM has risen by +9.88%.
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 appears in an uptrend and warns that the trend will change. It consists of a white candlestick and a Doji with a gap up at the opening. If the Doji is in the form of an Umbrella the pattern is called “Bearish Dragonfly Doji”. In case of an Inverted Umbrella it is called “Bearish Gravestone Doji”. Here, all these patterns are subsumed under the name: “Bearish Doji Star”, regardless of the shape of the Doji. more...
Signal History
Date 
Price 
Signal 
 
PKR100⇨ 
24/06/202225.7550SHORT 162.68
21/06/202223.4400BUY 150.15
01/06/202226.9400SELL 151.21
30/05/202227.6800BUY 156.46
24/05/202224.4800SELL 157.56
11/04/202215.1500BUY 98.20
06/04/202214.7300SELL 98.89
31/03/202215.0400BUY 101.68
22/03/202215.0100SELL 102.40
10/03/202214.5400BUY 99.89
04/03/202214.5100SHORT 101.51
23/02/202214.8000BUY 105.00
14/02/202215.3900SELL 105.74
24/01/202214.9900BUY 103.72
20/01/202214.7850SELL 104.45
29/12/202113.4750BUY 95.87
28/12/202113.1500SELL 96.55
24/12/202113.4300BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
PKR100⇨ 
24/06/202225.7550SHORT 148.26
21/06/202223.4400BUY 136.84
01/06/202226.9400SELL 137.80
30/05/202227.6800BUY 142.58
24/05/202224.4800SELL 143.59
11/04/202215.1500BUY 89.49
06/04/202214.7300SELL 90.12
31/03/202215.0400BUY 92.67
22/03/202215.0100SELL 93.32
10/03/202214.5400BUY 91.04
04/03/202214.5100SHORT 92.52
23/02/202214.8000BUY 95.70
14/02/202215.3900SELL 96.37
24/01/202214.9900BUY 94.53
20/01/202214.7850SELL 95.20
29/12/202113.4750BUY 87.38
28/12/202113.1500SELL 88.00
24/12/202113.4300BUY 90.51
17/12/202113.3900SELL 91.15
07/12/202113.1000BUY 89.80
15/11/202114.0000SHORT 85.57
05/11/202114.0450BUY 87.06
27/10/202114.2000SELL 87.67
30/09/202113.8500BUY 86.11
13/09/202115.0300SELL 86.72
03/09/202114.8700BUY 86.40
09/08/202115.9200SELL 87.01
05/08/202116.3000BUY 89.71
27/07/202115.6900SELL 90.34
14/07/202115.7000BUY 91.03
05/07/202115.8000SHORT 91.74
01/07/202115.8000BUY 93.04
28/06/202115.5900SHORT 95.64
24/06/202115.9600BUY 99.30
† Trade commissions are taken as 0.70%.
Date 
Price 
Signal 
 
PKR100⇨ 
24/06/202225.7550SHORT 224.33
21/06/202223.4400BUY 207.05
01/06/202226.9400SELL 208.51
30/05/202227.6800BUY 215.75
24/05/202224.4800SELL 217.27
11/04/202215.1500BUY 135.41
06/04/202214.7300SELL 136.36
31/03/202215.0400BUY 140.21
22/03/202215.0100SELL 141.20
10/03/202214.5400BUY 137.74
04/03/202214.5100SHORT 139.98
23/02/202214.8000BUY 144.80
14/02/202215.3900SELL 145.82
24/01/202214.9900BUY 143.03
20/01/202214.7850SELL 144.04
29/12/202113.4750BUY 132.20
28/12/202113.1500SELL 133.13
24/12/202113.4300BUY 136.92
17/12/202113.3900SELL 137.89
07/12/202113.1000BUY 135.85
15/11/202114.0000SHORT 129.45
05/11/202114.0450BUY 131.70
27/10/202114.2000SELL 132.63
30/09/202113.8500BUY 130.27
13/09/202115.0300SELL 131.19
03/09/202114.8700BUY 130.71
09/08/202115.9200SELL 131.63
05/08/202116.3000BUY 135.72
27/07/202115.6900SELL 136.68
14/07/202115.7000BUY 137.73
05/07/202115.8000SHORT 138.80
01/07/202115.8000BUY 140.76
28/06/202115.5900SHORT 144.70
24/06/202115.9600BUY 150.23
11/06/202116.4900SELL 151.29
09/06/202116.6600BUY 153.93
04/06/202115.8800SELL 155.02
20/05/202114.5200BUY 142.74
18/05/202114.1400SHORT 148.76
05/05/202114.2000BUY 151.50
13/04/202116.2400SELL 152.57
15/03/202114.2900BUY 135.20
09/03/202114.0400SHORT 139.60
03/03/202114.8300BUY 149.54
24/02/202114.8000SHORT 151.96
17/02/202115.2800BUY 159.11
03/02/202115.4500SHORT 159.60
06/01/202115.2000BUY 159.24
30/12/202015.4600SELL 160.36
28/12/202015.6000BUY 162.95
21/12/202015.3900SELL 164.10
25/11/202011.9950BUY 128.80
20/11/202012.0200SELL 129.71
05/11/202012.2800BUY 133.45
22/10/202012.3200SHORT 134.90
08/10/202011.4800BUY 127.48
08/09/202013.5900SELL 128.38
25/08/202012.6050BUY 119.91
19/08/202012.8000SHORT 119.78
28/07/202012.5400BUY 119.01
23/07/202012.4100SELL 119.85
02/07/202010.2100BUY 99.30
† Trade commissions are taken as 0.70%.

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