Title
by Americanbulls.com LLC
  • English
    v
Last Update
12/11/2018
MARKET STATUS REPORT, 12/11/2018
The market is BEARISH for the moment. The bears are dominating the market. 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 bears are stronger and more money is flowing out of the market. You have to also know that the money invested in the shares is getting more and more impatient for an exit!
Recommended Shares
 
BULLISH PATTERNS
 
RIGS.JK (IDX)
 
 
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Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2101>BULLISH ENGULFING</a>...RIGS.JK RIG TENDERS Close : 220.0000 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 RIGS.JK declined after the SELL signal which was issued on 08/10/2018. Since then, the stock price edged down by a hefty 38.20%. The bearish sentiment may be over now. Our system detected a BULLISH ENGULFING pattern which may be a sign of a market mood switching from bearish to bullish. This pattern deserves utmost attention because BUY orders must be placed immediately in case of a confirmation. The BULLISH ENGULFING pattern, if confirmed, indicates an upside potential of 62.96%. The massive pullback may be over, but patience is required at this point! Do not forget that confirmation is the prerequisite for any further move!
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Recommendations 
Last EOD Update Results 
Date 
Symbol 
Signal 
Avg. Price 
Signal 
Pattern 
Last 
Change% 
09/11/2018
WIKA.JK  
SELL1265.0000STAY IN CASH
0
1170.0000-7.51

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