Title
by Americanbulls.com LLC
Last Update
02/15/2019
ERC
WELLS FARGO MULTI SECTOR INCOME CF
Last Signal: SELL
Last Pattern: BEARISH MATCHING HIGH
Last Close:
12.0700
Change:
-0.0500
Percent change
-0.41%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH MATCHING HIGH pattern finally received a confirmation because the prices crossed below the confirmation level which was at 12.1350, and our valid average selling price stands now at 12.1150. The previous BUY signal was issued on 02/11/2019, 4 days ago, when the stock price was 12.1300. Since then ERC has fallen by -0.12%.
Market Outlook
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern occurs when two white days appear with equal closes in an uptrend. It indicates a top has been reached, even though the new high was tested and there was no follow through, which is indicative of a good resistance price. more...
Signal History
Date 
Price 
Signal 
 
$100⇨ 
02/15/201912.1150SELL 115.01
02/11/201912.1300BUY 115.38
02/06/201912.0900SELL 115.61
01/25/201911.7500BUY 112.58
01/23/201911.7000SELL 112.81
12/26/201810.6000BUY 102.41
12/12/201811.5100SELL 102.62
11/21/201811.2800BUY 100.77
11/14/201811.5700SHORT 98.70
11/05/201811.5900BUY 99.27
10/25/201811.7600SHORT 98.25
10/16/201811.8900BUY 99.73
10/04/201812.2200SHORT 97.50
10/02/201812.2350BUY 98.01
09/18/201812.3000SHORT 97.89
09/13/201812.4900BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
02/15/201912.1150SELL 110.70
02/11/201912.1300BUY 111.06
02/06/201912.0900SELL 111.28
01/25/201911.7500BUY 108.37
01/23/201911.7000SELL 108.59
12/26/201810.6000BUY 98.58
12/12/201811.5100SELL 98.78
11/21/201811.2800BUY 97.00
11/14/201811.5700SHORT 95.01
11/05/201811.5900BUY 95.56
10/25/201811.7600SHORT 94.58
10/16/201811.8900BUY 96.01
10/04/201812.2200SHORT 93.86
10/02/201812.2350BUY 94.35
09/18/201812.3000SHORT 94.23
09/13/201812.4900BUY 96.07
08/14/201812.5700SELL 96.26
07/19/201812.4600BUY 95.61
07/13/201812.5000SELL 95.80
07/09/201812.6100BUY 96.84
06/29/201812.4800SHORT 98.25
06/26/201812.6000BUY 99.59
06/07/201812.7600SHORT 98.75
05/21/201812.7800BUY 99.30
04/12/201813.1400SELL 99.50
03/29/201813.0100BUY 98.71
03/20/201812.9100SELL 98.91
02/16/201813.0000BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
02/15/201912.1150SELL 94.25
02/11/201912.1300BUY 94.56
02/06/201912.0900SELL 94.75
01/25/201911.7500BUY 92.27
01/23/201911.7000SELL 92.45
12/26/201810.6000BUY 83.93
12/12/201811.5100SELL 84.10
11/21/201811.2800BUY 82.58
11/14/201811.5700SHORT 80.88
11/05/201811.5900BUY 81.34
10/25/201811.7600SHORT 80.50
10/16/201811.8900BUY 81.72
10/04/201812.2200SHORT 79.89
10/02/201812.2350BUY 80.31
09/18/201812.3000SHORT 80.21
09/13/201812.4900BUY 81.78
08/14/201812.5700SELL 81.94
07/19/201812.4600BUY 81.39
07/13/201812.5000SELL 81.55
07/09/201812.6100BUY 82.43
06/29/201812.4800SHORT 83.63
06/26/201812.6000BUY 84.77
06/07/201812.7600SHORT 84.06
05/21/201812.7800BUY 84.53
04/12/201813.1400SELL 84.70
03/29/201813.0100BUY 84.03
03/20/201812.9100SELL 84.20
02/16/201813.0000BUY 84.96
02/14/201812.8900SHORT 86.04
02/07/201813.1400BUY 88.06
02/05/201813.0100SELL 88.24
01/23/201813.1900BUY 89.64
01/17/201813.1400SELL 89.82
01/05/201813.0700BUY 89.52
01/02/201812.9600SELL 89.70
12/29/201713.0600BUY 90.57
12/21/201712.9800SELL 90.75
12/18/201713.0200BUY 91.21
12/12/201713.0100SELL 91.39
12/04/201713.0200BUY 91.64
11/30/201712.9100SHORT 92.80
11/17/201712.8400BUY 92.67
11/10/201713.0800SHORT 91.37
11/06/201713.1050BUY 91.91
10/19/201713.2400SHORT 91.35
10/16/201713.3500BUY 92.48
10/04/201713.3600SELL 92.67
09/27/201713.3800BUY 92.99
09/19/201713.3000SHORT 93.93
09/11/201713.4000BUY 95.02
09/06/201713.3600SELL 95.21
08/23/201713.3200BUY 95.12
08/02/201713.5500SELL 95.31
07/31/201713.5900BUY 95.78
07/06/201713.3600SHORT 97.85
07/03/201713.4800BUY 99.12
06/27/201713.4500SELL 99.32
05/25/201713.4000BUY 99.15
05/17/201713.4600SELL 99.35
05/08/201713.5400BUY 100.14
05/04/201713.5300SELL 100.34
04/27/201713.5000BUY 100.32
04/13/201713.3300SELL 100.52
03/15/201713.1400BUY 99.29
03/03/201713.3300SELL 99.49
02/24/201713.2400BUY 99.02
02/17/201713.1400SELL 99.22
02/15/201713.1900BUY 99.80
† Trade commissions are taken as 0.20%.

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