LOCL NYSE
Local Bounti
STAY LONG
Close
2.1000
Prev.Close
2.0700
Change
+0.0300
Change%
+1.45%
BEARISH DOJI STAR
Bought at
2.1204
Open
2.1000
High
2.1000
Low
2.0400
Close
2.1000
Loss%
-0.96%
Signal History
Pattern & Confirmation Chart for the Last 6 Months
Signal Update
Today's recommendation from our system is to STAY LONG. The previous BUY signal was issued on 05/28/2025, 8 days ago, when the stock price was 2.1204. Since then, LOCL has fallen by -0.96%.
Market Outlook
Today's candlestick analysis unveiled a new bearish pattern, signaling market participants to remain vigilant. Market focus has shifted to the downside. Based on this pattern, in response to the emerging market bearishness, the system has established new confirmation and stop-loss levels. The signal tells us to STAY LONG, but the chance of a bearish confirmation that will change the signal to SHORT is very high. The Delayed Intraday Module is ON. Given the risks involved, we highly recommend closely monitoring intraday price movements. SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop-loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop-loss.
Pattern Description
This pattern appears in an uptrend and signals a potential trend reversal. It consists of a white candlestick and a Doji with a gap up at the opening. If the Doji resembles an Umbrella, the pattern is called a "Bearish Dragonfly Doji". If it resembles an Inverted Umbrella, it is called a "Bearish Gravestone Doji". Regardless of the Doji’s shape, these patterns are collectively referred to as "Bearish Doji Star". more...
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