MARKET STATUS REPORT
Trend:
The market is EXTREMELY BEARISH for the moment. On the other hand, we cannot say that the bears are very happy, but they do not want to change their positions yet. In fact, there is not much appetite for confirming bearish patterns.
Money Flow:
Currently, the bears are slightly stronger and the flow of money is rather balanced. You also have to know that the money waiting at the sidelines is getting more and more impatient for an entry!
OVERBOUGHT/OVERSOLD STOCKS
The chart above shows how ELTON displayed a rally after the BUY signal which was issued on 16/10/2024. Since then, the gain in this stock stretched to a whopping 10%. 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 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.
Watch Recommended Stocks
Sold on
20/11/2024
 
ELTON
 
Elton
 
Last Signal
SELL
2201
Sell Level
1.8800
Sold at
1.8700
Close
1.8200
Gain%
-2.67
Bought on
20/11/2024
 
ETE
 
Last Signal
BUY
2106
Buy Level
6.8840
Bought at
7.0160
Close
7.0160
 
 
Sold on
19/11/2024
 
PLAT
 
Last Signal
STAY IN CASH
2102
Buy Level
4.0000
Sold at
3.9730
Close
4.0000
Loss%
0.68
Sold on
19/11/2024
 
TITC
 
Last Signal
STAY IN CASH
2110
Buy Level
35.55
Sold at
34.44
Close
35.55
Loss%
3.22
Sold on
18/11/2024
 
KRI
 
Kri-Kri
 
Last Signal
STAY SHORT
2102
Buy Level
13.80
Sold at
14.43
Close
13.80
Gain%
-4.37
Sold on
18/11/2024
 
PPA
 
Last Signal
STAY IN CASH
2101
Buy Level
30.00
Sold at
29.59
Close
30.00
Loss%
1.39
Sold on
15/11/2024
 
ALPHA
 
Last Signal
STAY IN CASH
0
 
Sold at
1.5790
Close
1.5550
Gain%
-1.52
Sold on
15/11/2024
 
QUEST
 
Last Signal
STAY IN CASH
2102
Buy Level
5.6000
Sold at
5.6900
Close
5.6000
Gain%
-1.58
Sold on
14/11/2024
 
TPEIR
 
Last Signal
BUY
4101
Buy Level
3.6290
Sold at
3.7900
Close
3.6300
Gain%
-4.22
Bought on
13/11/2024
 
EKTER
 
Ekter
 
Last Signal
STAY LONG
0
 
Bought at
1.4190
Close
1.3920
Loss%
-1.90
Sold on
13/11/2024
 
IKTIN
 
Last Signal
STAY IN CASH
2102
Buy Level
0.3100
Sold at
0.3293
Close
0.3100
Gain%
-5.86
Sold on
13/11/2024
 
TATT
 
Last Signal
STAY SHORT
2106
Buy Level
1.8375
Sold at
5.4400
Close
0.7460
Gain%
-86.29
Bought on
05/11/2024
 
BIOKA
 
Last Signal
STAY LONG
2205
Sell Level
1.7000
Bought at
1.6870
Close
1.7200
Gain%
1.96
Sold on
04/11/2024
 
TENERGY
 
Last Signal
STAY IN CASH
2103
Buy Level
19.77
Sold at
19.69
Close
19.77
Loss%
0.41
Sold on
18/10/2024
 
KLM
 
Last Signal
STAY IN CASH
2102
Buy Level
1.4625
Sold at
1.5890
Close
1.4250
Gain%
-10.32
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