Title
by Americanbulls.com LLC
Last Update
04/22/2019
EC
ECOPETROL ADR REP 20
Last Signal: BUY
Last Pattern: BULLISH HARAMI CROSS
Last Close:
20.8100
Change:
+0.9100
Percent change
+4.57%
Signal Update
Our system’s recommendation today is to BUY. The BULLISH HARAMI CROSS pattern finally received a confirmation because the prices crossed above the confirmation level which was at 20.7800, and our valid average buying price stands now at 20.8100. The previous SELL signal was issued on 04/11/2019, 11 days ago, when the stock price was 21.4900. Since then EC has fallen by -3.16%.
Market Outlook
Let’s jump on our white horses and go for a bullish ride. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. Most probably, it is the right time to participate in bullish fervor. The market is telling you about a new profit. Do not miss this bullish opportunity. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is a major bullish reversal pattern, which is even more significant than a regular Bullish Harami. The outline again looks like a pregnant woman, as with the Bullish Harami Pattern. However, now the baby is a Doji. Basically, the pattern is characterized by a black body followed by a Doji that is completely inside the range of the prior black body. more...
Signal History
Date 
Price 
Signal 
 
$100⇨ 
04/22/201920.8100BUY 158.57
04/11/201921.4900SELL 158.89
03/26/201922.1400BUY 164.02
03/22/201922.1800SELL 164.35
03/12/201920.4800BUY 152.06
03/07/201920.2300SELL 152.36
02/19/201919.4200BUY 146.55
02/07/201918.5500SELL 146.84
01/04/201916.9700BUY 134.60
12/31/201816.0400SHORT 143.46
12/26/201815.7300BUY 141.25
12/07/201819.5900SHORT 118.47
11/29/201819.1700BUY 116.40
11/12/201821.6600SHORT 104.82
11/07/201822.3600BUY 108.64
10/24/201824.6500SHORT 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
04/22/201920.8100BUY 190.73
04/11/201921.4900SELL 191.11
03/26/201922.1400BUY 197.29
03/22/201922.1800SELL 197.69
03/12/201920.4800BUY 182.90
03/07/201920.2300SELL 183.27
02/19/201919.4200BUY 176.28
02/07/201918.5500SELL 176.63
01/04/201916.9700BUY 161.91
12/31/201816.0400SHORT 172.57
12/26/201815.7300BUY 169.91
12/07/201819.5900SHORT 142.51
11/29/201819.1700BUY 140.01
11/12/201821.6600SHORT 126.08
11/07/201822.3600BUY 130.68
10/24/201824.6500SHORT 120.05
10/17/201825.8600BUY 126.45
10/04/201826.9900SELL 126.70
09/25/201826.3200BUY 123.80
09/19/201825.7900SELL 124.05
09/11/201822.4400BUY 108.15
09/05/201822.0900SELL 108.37
08/17/201820.4900BUY 100.72
08/08/201821.4900SELL 100.92
08/01/201821.4700BUY 101.03
07/27/201820.6800SELL 101.23
07/25/201820.8150BUY 102.10
07/23/201820.4300SELL 102.30
06/27/201819.9900BUY 100.30
06/06/201821.3700SHORT 94.59
05/30/201821.3300BUY 94.79
05/17/201822.0550SELL 94.98
05/15/201823.0300BUY 99.38
05/11/201822.0650SELL 99.58
05/09/201822.0700BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
04/22/201920.8100BUY 355.41
04/11/201921.4900SELL 356.12
03/26/201922.1400BUY 367.63
03/22/201922.1800SELL 368.37
03/12/201920.4800BUY 340.82
03/07/201920.2300SELL 341.50
02/19/201919.4200BUY 328.48
02/07/201918.5500SELL 329.14
01/04/201916.9700BUY 301.71
12/31/201816.0400SHORT 321.57
12/26/201815.7300BUY 316.62
12/07/201819.5900SHORT 265.56
11/29/201819.1700BUY 260.91
11/12/201821.6600SHORT 234.95
11/07/201822.3600BUY 243.52
10/24/201824.6500SHORT 223.71
10/17/201825.8600BUY 235.63
10/04/201826.9900SELL 236.10
09/25/201826.3200BUY 230.70
09/19/201825.7900SELL 231.16
09/11/201822.4400BUY 201.54
09/05/201822.0900SELL 201.94
08/17/201820.4900BUY 187.69
08/08/201821.4900SELL 188.07
08/01/201821.4700BUY 188.27
07/27/201820.6800SELL 188.65
07/25/201820.8150BUY 190.26
07/23/201820.4300SELL 190.64
06/27/201819.9900BUY 186.91
06/06/201821.3700SHORT 176.28
05/30/201821.3300BUY 176.66
05/17/201822.0550SELL 177.01
05/15/201823.0300BUY 185.21
05/11/201822.0650SELL 185.58
05/09/201822.0700BUY 185.99
05/07/201821.6000SELL 186.36
04/03/201819.6600BUY 169.96
03/28/201818.9200SELL 170.30
03/09/201817.4100BUY 157.02
03/07/201817.2700SHORT 158.94
03/05/201817.5700BUY 162.35
02/27/201818.5000SELL 162.68
02/14/201816.8700BUY 148.64
01/31/201818.8800SELL 148.94
01/23/201818.3100BUY 144.73
01/12/201817.1000SELL 145.02
12/01/201711.7800BUY 100.10
11/28/201711.6000SELL 100.30
11/22/201711.7000BUY 101.37
11/20/201711.5400SELL 101.57
11/07/201711.9900BUY 105.74
11/02/201711.2700SELL 105.95
10/26/201710.1000BUY 95.14
10/23/20179.8500SELL 95.33
10/11/20179.5300BUY 92.42
10/09/20179.4700SELL 92.61
08/18/20179.1700BUY 89.86
08/01/20179.2200SELL 90.04
07/28/20179.3500BUY 91.49
07/21/20179.0800SELL 91.67
07/11/20178.9200BUY 90.24
07/07/20178.7900SHORT 91.96
06/30/20179.0900BUY 95.48
06/08/20179.2500SELL 95.67
06/06/20179.6500BUY 100.01
05/17/201710.0200SELL 100.21
05/12/20179.5900BUY 96.10
05/09/20179.2600SHORT 100.05
05/03/20179.2000BUY 99.80
† Trade commissions are taken as 0.20%.

Disclaimers:

Americanbulls.com LLC is not registered as an investment adviser with the U.S. Securities and Exchange Commission. Rather, Americanbulls.com LLC relies upon the “publisher’s exclusion” from the definition of investment adviser as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. As such, Americanbulls.com LLC does not offer or provide personalized investment advice. This site and all others owned and operated by Americanbulls.com LLC are bona fide publications of general and regular circulation offering impersonal investment-related advice to member and /or prospective members.

Americanbulls.com is an independent website. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

Therefore, Americanbulls.com and Americanbulls.com LLC is exempt from the definition of “investment adviser” as provided under Section 202(a) (11) of the Investment Advisers Act of 1940 and corresponding state securities laws, and hence registration as such is not required. We are not a registered broker-dealer. Material provided by Americanbulls.com LLC is for informational purposes only, and that no mention of a particular security in any of our materials constitutes a recommendation to buy, sell, or hold that or any other security, or that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. To the extent that any of the information obtained from Americanbulls.com LLC may be deemed to be investment opinion, such information is impersonal and not tailored to the investment needs of any specific person. Americanbulls.com LLC does not promise, guarantee or imply verbally or in writing that any information provided through our websites, commentaries, or reports, in any printed material, or displayed on any of our websites, will result in a profit or loss.

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Americanbulls.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

Displayed information is based on widely-accepted methods of technical analysis based on candlestick patterns. All information is from sources deemed to be reliable, but there is no guarantee to the accuracy. Long-term investment success relies on recognizing probabilities in price action for possible future outcomes, rather than absolute certainty – risk management is critical for success. Error and uncertainty are part of any form of market analysis. Past performance is no guarantee of future performance. Investment/ trading carries significant risk of loss and you should consult your financial professional before investing or trading. Your financial adviser can give you specific financial advice that is appropriate to your needs, risk-tolerance, and financial position. Any trades or hedges you make are taken at your own risk for your own account.

You agree that Americanbulls.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.