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by Americanbulls.com LLC
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Last Update
26.11.2021
MARKET STATUS REPORT, 26.11.2021
The market is EXTREMELY BEARISH for the moment. The bulls have totally disappeared. They must be hiding behind the woods, waiting for the right time for a counterattack! On the other hand, we can say that insurgence among the bulls may be imminent. They may change their positions and start selling soon. 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!
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Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2107>BULLISH MEETING LINE</a>...8DEA.DE DRAFTKINGS CL A Close : 31.1000 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 8DEA.DE declined after the SELL signal which was issued on 13.09.2021. Since then, the stock price edged down by a hefty 39.68%. The bearish sentiment may be over now. Our system detected a BULLISH MEETING LINE 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 MEETING LINE pattern, if confirmed, indicates an upside potential of 0.00%. 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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