Title
by Americanbulls.com LLC
  • English
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Last Update
16/04/2021
MARKET STATUS REPORT, 16/04/2021
The market is moving SIDEWAYS for the moment. The bulls have an upper hand, but the bears are also not sleeping. On the other hand, we cannot say that the bulls are very happy but they do not want to change their positions yet. Currently, the bulls are very strong and the money is flowing in one direction only, into the market. You have to also know that the money invested in shares does not feel safe anymore. Investors are worried that they may go down with the market.
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Title
Title
Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2205>BEARISH DARK CLOUD COVER</a>...MDTL MEDIA TIMES Close : 3.6100 chart showing Series 1 series, Series 2 series, Series 3 series, Series 4 series, Series 5 series, Series 6 series, Series 7 series, Series 8 series, Series 9 series.
The chart above shows how MDTL displayed a rally after the BUY signal which was issued on 06/04/2021. Since then, the gain in this stock stretched to a whopping 31.68%. We see, however, enough hints pointing to the fact that the conditions are now ripening for at least a market correction. Our system confirmed this emerging bearish mood by issuing a SELL signal. The BEARISH DARK CLOUD COVER pattern that led to this bearish signal indicates that there is a downside potential of 12.70%. The signal has just been issued, so it is not late to run to safety by selling this stock. It is still early to say if this is a decisive market top or merely a correction but it is evidently the right time to take the profits in order to prevent any disappointment in the future.
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Recommendations 
Last EOD Update Results 
Date 
Symbol 
Signal 
Avg. Price 
Signal 
Pattern 
Last 
Change% 
16/04/2021
MDTL  
SELL3.7200SELL
2205
3.6100-2.96
08/04/2021
HTL  
BUY70.3000STAY LONG
2211
69.4900-1.15

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