Title
by Americanbulls.com LLC
Last Update
05/25/2018
MTP
MIDATECH PHARMA ADR REP 2
Last Signal: STAY SHORT
Last Pattern: BULLISH MEETING LINE
Last Close:
0.7538
Change:
+0.0037
Percent change
+0.49%
Signal Update
Our system’s recommendation today is to STAY SHORT. The previous SHORT signal was issued on 05/23/2018, 2 days ago, when the stock price was 0.7665. Since then MTP has fallen by -1.66%.
Market Outlook
Alarm bells are ringing for those holding short positions. We are on the verge of telling an end to the bearish phase in the market and acknowledge the ascendancy of the bulls. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern occurs during a downtrend. The first day’s black candlestick is followed by a white candlestick that opens sharply lower and closes at the same level as the prior session’s close. It is similar to the Piercing Line pattern. However, the amount the second day rebounds is different. The Piercing Line’s second day closes above the midpoint of the first day’s body, while the second day the Bullish Meeting Line closes the same as the first day. Consequently, the Piercing Line is a more significant bottom reversal. Nonetheless, the Bullish Meeting Line deserves due respect as well. more...
Signal History
Date 
Price 
Signal 
 
$100⇨ 
05/23/20180.7665SHORT 130.83
05/21/20180.7175BUY 122.96
05/15/20180.7912SHORT 112.93
05/11/20180.7831BUY 112.22
04/18/20180.7793SHORT 113.22
04/04/20180.8242BUY 120.22
04/02/20180.8258SHORT 120.47
03/28/20180.8761BUY 128.32
03/19/20181.0480SELL 128.58
03/15/20180.9412BUY 115.71
03/01/20181.0190SHORT 107.93
02/22/20181.0012BUY 106.47
02/12/20181.0022SHORT 106.79
02/08/20181.0212BUY 109.25
01/18/20181.2283SELL 109.47
01/02/20181.2235BUY 109.26
11/27/20171.3582SHORT 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
05/23/20180.7665SHORT 129.42
05/21/20180.7175BUY 121.63
05/15/20180.7912SHORT 111.71
05/11/20180.7831BUY 111.01
04/18/20180.7793SHORT 112.00
04/04/20180.8242BUY 118.93
04/02/20180.8258SHORT 119.18
03/28/20180.8761BUY 126.95
03/19/20181.0480SELL 127.20
03/15/20180.9412BUY 114.47
03/01/20181.0190SHORT 106.78
02/22/20181.0012BUY 105.34
02/12/20181.0022SHORT 105.66
02/08/20181.0212BUY 108.10
01/18/20181.2283SELL 108.32
01/02/20181.2235BUY 108.11
11/27/20171.3582SHORT 98.75
11/21/20171.2514BUY 91.35
11/02/20171.4123SHORT 82.34
10/26/20171.4617BUY 85.56
10/24/20171.4368SHORT 87.42
10/16/20171.4791BUY 90.35
09/28/20171.8136SHORT 76.59
09/26/20172.1047BUY 89.24
09/18/20172.1924SHORT 86.15
09/11/20172.2235BUY 87.72
08/30/20172.3262SHORT 84.35
08/18/20172.4440BUY 88.98
08/14/20172.5035SHORT 87.26
08/07/20172.6435BUY 92.51
08/03/20172.6568SELL 92.70
07/21/20172.6248BUY 91.77
07/06/20172.5923SHORT 93.31
07/03/20172.5835BUY 93.37
06/28/20172.5364SHORT 95.52
06/12/20172.6999BUY 102.08
06/01/20172.7561SELL 102.28
05/26/20172.6838BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
05/23/20180.7665SHORT 181.57
05/21/20180.7175BUY 170.64
05/15/20180.7912SHORT 156.73
05/11/20180.7831BUY 155.75
04/18/20180.7793SHORT 157.14
04/04/20180.8242BUY 166.86
04/02/20180.8258SHORT 167.21
03/28/20180.8761BUY 178.11
03/19/20181.0480SELL 178.47
03/15/20180.9412BUY 160.60
03/01/20181.0190SHORT 149.81
02/22/20181.0012BUY 147.78
02/12/20181.0022SHORT 148.22
02/08/20181.0212BUY 151.64
01/18/20181.2283SELL 151.94
01/02/20181.2235BUY 151.65
11/27/20171.3582SHORT 138.52
11/21/20171.2514BUY 128.14
11/02/20171.4123SHORT 115.50
10/26/20171.4617BUY 120.02
10/24/20171.4368SHORT 122.63
10/16/20171.4791BUY 126.75
09/28/20171.8136SHORT 107.44
09/26/20172.1047BUY 125.18
09/18/20172.1924SHORT 120.85
09/11/20172.2235BUY 123.06
08/30/20172.3262SHORT 118.33
08/18/20172.4440BUY 124.82
08/14/20172.5035SHORT 122.41
08/07/20172.6435BUY 129.77
08/03/20172.6568SELL 130.03
07/21/20172.6248BUY 128.72
07/06/20172.5923SHORT 130.88
07/03/20172.5835BUY 130.96
06/28/20172.5364SHORT 133.97
06/12/20172.6999BUY 143.18
06/01/20172.7561SELL 143.47
05/26/20172.6838BUY 139.99
05/19/20172.7262SHORT 138.40
05/16/20172.7384BUY 139.58
04/28/20172.8411SELL 139.86
04/17/20172.6661BUY 131.51
04/10/20172.6559SHORT 132.55
04/05/20172.7041BUY 135.50
03/24/20172.8566SELL 135.77
03/13/20172.8160BUY 134.11
02/21/20172.9510SHORT 128.76
02/15/20173.1782BUY 139.23
02/07/20173.1400SELL 139.51
01/27/20173.0999BUY 138.00
01/25/20173.0100SELL 138.28
01/17/20172.8743BUY 132.31
01/11/20172.9828SELL 132.58
12/30/20162.7538BUY 122.65
12/21/20162.5071SHORT 136.58
12/12/20162.7880BUY 152.49
11/25/20162.9970SELL 152.80
11/07/20162.7600BUY 141.00
10/28/20162.7899SHORT 140.06
10/21/20162.8332BUY 142.80
09/16/20163.7164SELL 143.09
09/14/20163.8715BUY 149.36
09/09/20163.9304SELL 149.66
09/01/20164.1999BUY 160.24
08/25/20164.0002SELL 160.56
08/17/20163.2069BUY 128.98
08/15/20163.0131SELL 129.24
08/01/20162.7842BUY 119.66
07/15/20162.8670SHORT 116.77
07/11/20162.9799BUY 121.86
06/23/20163.4847SHORT 106.87
06/20/20163.5653BUY 109.78
05/25/20163.9810SHORT 99.80
† Trade commissions are taken as 0.20%.

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