MARKET STATUS REPORT
Trend:
The market is BULLISH for the moment. The bulls are dominating the market. 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 bulls are stronger and more money is flowing into the market. You also have to know that the bulls are not very comfortable and they are closely watching the market for a timely exit.
The chart above shows how M2PW34.SA displayed a rally after the BUY signal which was issued on 09/05/2024. Since then, the gain in this stock stretched to a whopping 22%. 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
16/05/2024
 
Last Signal
SELL
2201
Sell Level
76.85
Sold at
76.26
Close
75.84
Gain%
-0.55
Bought on
16/05/2024
 
Last Signal
BUY
2111
Buy Level
48.07
Bought at
48.68
Close
48.68
 
 
Sold on
16/05/2024
 
Last Signal
SELL
2211
Sell Level
14.04
Sold at
13.74
Close
13.19
Gain%
-4.00
Bought on
16/05/2024
 
Suzano
 
Last Signal
BUY
2105
Buy Level
50.54
Bought at
51.14
Close
51.37
Gain%
0.45
Bought on
15/05/2024
 
Last Signal
STAY LONG
2205
Sell Level
9.4300
Bought at
9.6350
Close
9.4300
Loss%
-2.13
Sold on
15/05/2024
 
Last Signal
STAY SHORT
2102
Buy Level
5.5400
Sold at
5.7900
Close
5.2700
Gain%
-8.98
Sold on
14/05/2024
 
Last Signal
STAY IN CASH
60000
Buy Level
101.25
Sold at
99.54
Close
102.07
Loss%
2.54
Bought on
14/05/2024
 
Last Signal
STAY LONG
0
 
Bought at
4.0400
Close
4.1000
Gain%
1.49
Bought on
14/05/2024
 
Last Signal
SHORT
2202
Sell Level
10.11
Bought at
10.12
Close
10.07
Loss%
-0.49
Bought on
13/05/2024
 
Last Signal
STAY LONG
2206
Sell Level
35.54
Bought at
34.07
Close
35.62
Gain%
4.55
Sold on
13/05/2024
 
Last Signal
STAY IN CASH
2101
Buy Level
18.80
Sold at
18.87
Close
18.71
Gain%
-0.85
Bought on
13/05/2024
 
Last Signal
STAY LONG
2206
Sell Level
26.62
Bought at
26.04
Close
27.36
Gain%
5.07
Sold on
13/05/2024
 
Last Signal
STAY IN CASH
60000
Buy Level
14.02
Sold at
13.90
Close
14.17
Loss%
1.94
Bought on
10/05/2024
 
Last Signal
STAY LONG
0
 
Bought at
13.01
Close
13.72
Gain%
5.46
Sold on
09/05/2024
 
Last Signal
BUY
60000
Buy Level
15.15
Sold at
14.43
Close
16.56
Loss%
14.76
Sold on
09/05/2024
 
Last Signal
STAY IN CASH
2101
Buy Level
15.96
Sold at
16.35
Close
15.98
Gain%
-2.26
Sold on
08/05/2024
 
Last Signal
STAY IN CASH
2101
Buy Level
100.00
Sold at
99.76
Close
98.79
Gain%
-0.97
Bought on
08/05/2024
 
Last Signal
STAY LONG
0
 
Bought at
64.57
Close
66.44
Gain%
2.90
Sold on
07/05/2024
 
Last Signal
STAY IN CASH
0
 
Sold at
10.03
Close
9.4300
Gain%
-5.98
Bought on
06/05/2024
 
Last Signal
STAY LONG
0
 
Bought at
12.10
Close
12.76
Gain%
5.45
Sold on
03/05/2024
 
Biomm
 
Last Signal
STAY IN CASH
2103
Buy Level
18.58
Sold at
18.65
Close
15.96
Gain%
-14.42
Sold on
03/05/2024
 
Last Signal
STAY IN CASH
0
 
Sold at
25.95
Close
23.62
Gain%
-8.98
Sold on
02/05/2024
 
Last Signal
STAY IN CASH
2106
Buy Level
22.81
Sold at
22.99
Close
22.74
Gain%
-1.09
Sold on
30/04/2024
 
Last Signal
STAY IN CASH
3111
Buy Level
59.10
Sold at
58.40
Close
59.10
Loss%
1.20
Bought on
26/04/2024
 
Last Signal
STAY LONG
0
 
Bought at
1.0500
Close
1.0400
Loss%
-0.95
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