Title
by Americanbulls.com LLC
  • English
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Last Update
18/05/2022
MARKET STATUS REPORT, 18/05/2022
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 can say that there are considerable signs of unrest among the bears. They may be seriously considering taking long positions, too. Currently, the bulls are stronger and more money is flowing into the market. You have to also know that the money waiting at the sidelines is not comfortable anymore. Sideliners are worried that they may be missing the bulls’ train.
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Title
Title
Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2103>BULLISH HARAMI CROSS</a>...MFL MATCO FOODS Close : 30.0500 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 MFL dropped after the SELL signal which was issued on 08/04/2022. Since then, the stock price edged down by a hefty 16.57%. This brutal bear move, however, may be over now. Our system verifies this change of mood by issuing a BUY signal. The BULLISH HARAMI CROSS pattern that led to this bullish signal indicates that there is an upside potential of 10.02%. The signal has just been issued, so it is not late at all to throw the dice for a possible run-up. The overstretched correction seems to be over, at least for the moment. It may be the right time to join the bulls who started to show a reinstated enthusiasm for this stock.
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Last EOD Update Results 
Date 
Symbol 
Signal 
Avg. Price 
Signal 
Pattern 
Last 
Change% 
18/05/2022
MFL  
BUY29.2000BUY
2103
30.0500+2.91
13/05/2022
NRL  
BUY225.3100STAY LONG
2203
229.1400+1.70

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