MARKET STATUS REPORT
Trend:
The market is moving SIDEWAYS for the moment. The bears have an upper hand, but the bulls are also not sleeping. On the other hand, we can say that there are considerable signs of unrest among the bears. They may be seriously considering taking long positions, too. In fact, there is not much appetite for confirming bearish patterns.
Money Flow:
Currently, the bears are stronger and more money is flowing out of the market. You also have to know that the money waiting at the sidelines is not comfortable anymore. Sideliners are worried that they may be missing the bulls’ train.
OVERBOUGHT/OVERSOLD STOCKS
The chart above shows how CYTN.SW displayed a rally after the BUY signal which was issued on 10.05.2024. Since then, the gain in this stock stretched to a whopping 73%. 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
18.06.2024
 
CYTN.SW
 
Last Signal
SELL
2211
Sell Level
11.92
Sold at
11.81
Close
11.42
Gain%
-3.30
Bought on
18.06.2024
 
GURN.SW
 
Last Signal
BUY
2108
Buy Level
56.70
Bought at
56.99
Close
57.30
Gain%
0.54
Bought on
17.06.2024
 
BBN.SW
 
Last Signal
STAY LONG
2205
Sell Level
17.65
Bought at
17.36
Close
17.65
Gain%
1.67
Sold on
17.06.2024
 
Last Signal
STAY IN CASH
0
 
Sold at
215.30
Close
216.90
Loss%
0.74
Sold on
14.06.2024
 
Last Signal
BUY
60000
Buy Level
12.54
Sold at
12.40
Close
13.12
Loss%
5.81
Bought on
14.06.2024
 
PEAN.SW
 
Last Signal
STAY LONG
2201
Sell Level
8.0100
Bought at
7.8800
Close
8.0100
Gain%
1.65
Sold on
13.06.2024
 
Last Signal
STAY IN CASH
0
 
Sold at
103.28
Close
100.50
Gain%
-2.69
Bought on
12.06.2024
 
BEAN.SW
 
Last Signal
SHORT
2202
Sell Level
427.20
Bought at
409.74
Close
426.00
Gain%
3.97
Bought on
11.06.2024
 
GAM.SW
 
Last Signal
STAY LONG
2208
Sell Level
0.2495
Bought at
0.2520
Close
0.2500
Loss%
-0.79
Sold on
11.06.2024
 
LOGN.SW
 
Last Signal
STAY IN CASH
2102
Buy Level
90.94
Sold at
90.32
Close
87.94
Gain%
-2.64
Sold on
10.06.2024
 
BITC.SW
 
Last Signal
STAY IN CASH
3101
Buy Level
60.00
Sold at
60.65
Close
55.55
Gain%
-8.41
Sold on
03.06.2024
 
RIEN.SW
 
Last Signal
STAY IN CASH
2106
Buy Level
121.30
Sold at
131.27
Close
120.20
Gain%
-8.43
Sold on
29.05.2024
 
OERL.SW
 
Last Signal
BUY
2101
Buy Level
4.9060
Sold at
4.9800
Close
5.0100
Loss%
0.60
Sold on
24.05.2024
 
Last Signal
STAY IN CASH
2111
Buy Level
35.51
Sold at
36.39
Close
33.19
Gain%
-8.79
Bought on
03.05.2024
 
Last Signal
STAY LONG
2203
Sell Level
57.10
Bought at
55.00
Close
59.49
Gain%
8.16
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