Title
by Americanbulls.com LLC
  • English
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Last Update
16.09.2019
MARKET STATUS REPORT, 16.09.2019
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. Currently, the bulls are slightly stronger but the flow of money is rather balanced. You have to also know that the money invested in shares does not feel safe anymore. Investors are worried that they may go down with the market.
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Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2101>BULLISH ENGULFING</a>...GWI1.DE GERRY WEBER INTERNATIONAL Close : 0.0408 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 GWI1.DE took a negative turn after the SHORT signal which was issued on 05.08.2019. Since then, the stock price fell down by 35.34%. There are by now decisive hints casting doubts about the continuation of the downbeat mood. Our system detected a BULLISH ENGULFING 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 ENGULFING pattern, if confirmed, indicates an upside potential of 0.93%. 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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