Title
by Americanbulls.com LLC
Last Update
04/01/2020
EBR
CNTRAIS ELTRC BRS ADR REP
Last Signal: SHORT
Last Pattern: BEARISH MEETING LINE
Last Close:
4.2900
Change:
-0.3200
Percent change
-6.94%
Signal Update
Our system’s recommendation today is to SHORT. The BEARISH MEETING LINE pattern finally received a confirmation because the prices crossed below the confirmation level which was at 4.6100, and our valid average selling price stands now at 4.2900. The previous BUY signal was issued on 03/25/2020, 7 days ago, when the stock price was 3.5900. Since then EBR has risen by +19.50%.
Market Outlook
The bears have strong evidence and this evidence prompts us to make a bearish bet. The bearish pattern that was previously identified is finally confirmed and a SHORT signal is generated. Follow the signal and profit from the bearish enthusiasm before it is too late. 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. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern occurs during an uptrend. The first day’s white candlestick is followed by a black candlestick that opens sharply higher and closes at the same level as the prior session’s close. It is similar to the Dark Cloud Cover pattern. However, the amount the second day drops is different. The Dark Cloud Cover’s second day closes below the midpoint of the first day’s body, while the second day the Bearish Meeting Line closes the same as the first day. Consequently, the Dark Cloud Cover is a more significant top reversal. Nonetheless, the Bearish Meeting Line should also be respected. more...
Signal History
Date 
Price 
Signal 
 
$100⇨ 
04/01/20204.2900SHORT 116.90
03/25/20203.5900BUY 98.22
03/09/20206.0700SHORT 70.01
03/02/20207.9500BUY 92.06
02/27/20207.5300SHORT 97.89
02/14/20208.3600BUY 109.12
01/27/20209.1800SELL 109.34
01/23/20209.8500BUY 117.55
01/14/20209.5500SELL 117.79
12/24/20199.3400BUY 115.43
12/20/20198.6500SELL 115.66
11/29/20198.2006BUY 109.87
11/08/20199.2744SELL 110.09
10/28/20199.3581BUY 111.31
10/22/20199.1284SHORT 114.64
10/16/20198.4334BUY 106.34
10/07/20199.0666SHORT 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
04/01/20204.2900SHORT 138.11
03/25/20203.5900BUY 116.04
03/09/20206.0700SHORT 82.71
03/02/20207.9500BUY 108.76
02/27/20207.5300SHORT 115.65
02/14/20208.3600BUY 128.91
01/27/20209.1800SELL 129.17
01/23/20209.8500BUY 138.88
01/14/20209.5500SELL 139.16
12/24/20199.3400BUY 136.37
12/20/20198.6500SELL 136.64
11/29/20198.2006BUY 129.80
11/08/20199.2744SELL 130.06
10/28/20199.3581BUY 131.50
10/22/20199.1284SHORT 135.44
10/16/20198.4334BUY 125.63
10/07/20199.0666SHORT 117.90
09/27/20199.5275BUY 124.39
09/13/201910.8506SELL 124.64
09/11/201911.0164BUY 126.80
09/03/201910.8107SHORT 129.78
08/29/201910.6242BUY 128.05
08/26/201910.7720SELL 128.31
08/21/201910.3398BUY 123.41
08/14/201910.1437SELL 123.66
07/30/201910.1922BUY 124.50
07/22/201910.3766SELL 124.75
06/27/20198.7792BUY 105.76
06/24/20198.9389SELL 105.97
06/19/20199.0108BUY 107.04
06/10/20199.1386SELL 107.25
05/21/20198.0494BUY 94.66
05/10/20198.1083SHORT 94.35
04/23/20198.5428BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
04/01/20204.2900SHORT 601.58
03/25/20203.5900BUY 505.44
03/09/20206.0700SHORT 360.27
03/02/20207.9500BUY 473.75
02/27/20207.5300SHORT 503.75
02/14/20208.3600BUY 561.52
01/27/20209.1800SELL 562.65
01/23/20209.8500BUY 604.93
01/14/20209.5500SELL 606.14
12/24/20199.3400BUY 594.00
12/20/20198.6500SELL 595.19
11/29/20198.2006BUY 565.40
11/08/20199.2744SELL 566.53
10/28/20199.3581BUY 572.79
10/22/20199.1284SHORT 589.93
10/16/20198.4334BUY 547.20
10/07/20199.0666SHORT 513.53
09/27/20199.5275BUY 541.80
09/13/201910.8506SELL 542.89
09/11/201911.0164BUY 552.29
09/03/201910.8107SHORT 565.26
08/29/201910.6242BUY 557.74
08/26/201910.7720SELL 558.86
08/21/201910.3398BUY 537.51
08/14/201910.1437SELL 538.59
07/30/201910.1922BUY 542.25
07/22/201910.3766SELL 543.34
06/27/20198.7792BUY 460.62
06/24/20198.9389SELL 461.54
06/19/20199.0108BUY 466.18
06/10/20199.1386SELL 467.11
05/21/20198.0494BUY 412.26
05/10/20198.1083SHORT 410.93
04/23/20198.5428BUY 434.69
04/08/20199.1679SELL 435.56
03/26/20199.2563BUY 440.64
03/22/20198.8476SELL 441.52
03/11/20199.0859BUY 454.32
02/28/20199.8567SELL 455.23
12/27/20185.9198BUY 273.95
12/20/20186.0001SHORT 271.42
12/18/20186.2552BUY 284.09
11/29/20186.6144SELL 284.66
11/16/20186.4024BUY 276.09
11/07/20186.2666SELL 276.64
10/04/20184.4442BUY 196.58
10/01/20183.8511SELL 196.97
09/18/20183.7898BUY 194.22
09/10/20183.9407SHORT 187.81
09/06/20183.8197BUY 182.77
09/04/20183.7310SHORT 187.97
08/29/20183.9199BUY 198.28
08/02/20184.5193SELL 198.68
07/31/20184.5692BUY 201.28
07/26/20184.4725SELL 201.68
07/02/20183.2718BUY 147.83
06/26/20183.3757SHORT 143.99
06/19/20183.5384BUY 151.54
06/15/20183.7125SHORT 145.33
06/12/20183.7391BUY 146.96
05/14/20185.1877SHORT 115.34
05/10/20185.3668BUY 119.80
05/07/20185.4538SELL 120.04
04/26/20185.3222BUY 117.38
04/06/20186.4639SHORT 100.16
04/04/20186.4148BUY 99.80
† Trade commissions are taken as 0.20%.

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