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5/21/2013
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BULLISH PATTERNS
 
TUPY3.SA (BOVESPA)
 
 
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The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2106>BULLISH DOJI STAR</a>...TUPY3.SA TUPY Close : 19.4000 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 TUPY3.SA took a negative turn after the SHORT signal which was issued on 5/8/2013. Since then, the stock price fell down by 10.89%. There are by now decisive hints casting doubts about the continuation of the downbeat mood. Our system detected a BULLISH DOJI STAR pattern, which may be a sign of a market sentiment switching from bearish to bullish. This pattern deserves utmost attention, because the SHORT positions must immediately be covered and long positions must be taken, in case of a confirmation. The BULLISH DOJI STAR pattern, if confirmed, indicates an upside potential of 6.71%. It may turn out to be a good opportunity for bottom fishers, but patience first! Do not forget that confirmation is the prerequisite for any further move!
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