Title
by Americanbulls.com LLC
Last Update
11/22/2019
MXC
MEXCO ENERGY
Last Signal: BUY
Last Pattern: BULLISH MEETING LINE
Last Close:
3.7250
Change:
+0.1250
Percent change
+3.47%
Signal Update
Our system’s recommendation today is to BUY. The BULLISH MEETING LINE pattern finally received a confirmation because the prices crossed above the confirmation level which was at 3.6636, and our valid average buying price stands now at 3.7160. The previous SHORT signal was issued on 10/24/2019, 29 days ago, when the stock price was 4.2850. Since then MXC has fallen by -13.28%.
Market Outlook
The bulls have strong evidence on their side and this evidence prompts us to make a bullish bet. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. It is probably the right time to be part of this boost and bullish market sentiment. The market is telling you about a possible new profit. Do not miss this chance. 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⇨ 
11/22/20193.7160BUY 99.77
10/24/20194.2850SHORT 88.43
10/18/20194.5440BUY 94.15
10/16/20194.5700SELL 94.34
10/11/20194.5600BUY 94.32
09/18/20194.9400SELL 94.51
09/16/20194.9300BUY 94.51
09/12/20194.2250SELL 94.70
07/31/20194.1600BUY 93.43
07/29/20194.1100SELL 93.62
07/22/20194.0495BUY 92.43
07/12/20194.0850SELL 92.62
07/10/20194.1912BUY 95.22
07/05/20194.0300SELL 95.41
06/20/20193.8924BUY 92.34
06/03/20193.9700SHORT 90.93
05/28/20194.3400BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
11/22/20193.7160BUY 150.41
10/24/20194.2850SHORT 133.31
10/18/20194.5440BUY 141.93
10/16/20194.5700SELL 142.21
10/11/20194.5600BUY 142.18
09/18/20194.9400SELL 142.46
09/16/20194.9300BUY 142.46
09/12/20194.2250SELL 142.75
07/31/20194.1600BUY 140.84
07/29/20194.1100SELL 141.12
07/22/20194.0495BUY 139.32
07/12/20194.0850SELL 139.60
07/10/20194.1912BUY 143.52
07/05/20194.0300SELL 143.81
06/20/20193.8924BUY 139.18
06/03/20193.9700SHORT 137.06
05/28/20194.3400BUY 150.43
05/20/20194.0700SHORT 161.77
05/16/20194.3600BUY 173.99
04/25/20195.1800SELL 174.34
04/15/20195.1700BUY 174.35
04/03/20195.2300SELL 174.70
03/29/20194.2306BUY 141.60
03/01/20194.1520SELL 141.88
02/20/20194.0400BUY 138.33
02/06/20193.7100SELL 138.61
12/28/20182.6600BUY 99.58
12/17/20183.2900SHORT 83.91
12/13/20183.6995BUY 94.73
11/29/20183.7300SHORT 94.34
11/27/20183.9300BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
11/22/20193.7160BUY 318.19
10/24/20194.2850SHORT 282.02
10/18/20194.5440BUY 300.27
10/16/20194.5700SELL 300.87
10/11/20194.5600BUY 300.81
09/18/20194.9400SELL 301.41
09/16/20194.9300BUY 301.40
09/12/20194.2250SELL 302.00
07/31/20194.1600BUY 297.95
07/29/20194.1100SELL 298.55
07/22/20194.0495BUY 294.74
07/12/20194.0850SELL 295.33
07/10/20194.1912BUY 303.62
07/05/20194.0300SELL 304.23
06/20/20193.8924BUY 294.43
06/03/20193.9700SHORT 289.94
05/28/20194.3400BUY 318.23
05/20/20194.0700SHORT 342.21
05/16/20194.3600BUY 368.06
04/25/20195.1800SELL 368.80
04/15/20195.1700BUY 368.83
04/03/20195.2300SELL 369.57
03/29/20194.2306BUY 299.55
03/01/20194.1520SELL 300.15
02/20/20194.0400BUY 292.64
02/06/20193.7100SELL 293.23
12/28/20182.6600BUY 210.66
12/17/20183.2900SHORT 177.51
12/13/20183.6995BUY 200.41
11/29/20183.7300SHORT 199.58
11/27/20183.9300BUY 211.13
11/20/20183.9600SHORT 210.38
11/14/20184.3170BUY 230.27
11/05/20184.4050SHORT 226.67
10/26/20184.5200BUY 233.52
09/26/20185.1347SELL 233.99
09/20/20184.8961BUY 223.56
08/24/20185.1700SHORT 213.16
08/21/20185.1264BUY 212.21
07/23/20185.8900SELL 212.64
07/19/20186.0600BUY 219.22
07/11/20186.2500SELL 219.66
06/22/20184.7965BUY 168.91
06/19/20184.7800SHORT 170.18
06/07/20185.4000BUY 193.03
05/23/20186.1865SELL 193.42
05/04/20184.5231BUY 141.70
05/02/20184.2300SELL 141.98
04/25/20184.2100BUY 141.59
04/23/20184.2070SELL 141.87
04/17/20183.5400BUY 119.62
04/13/20183.5187SELL 119.86
04/06/20183.1690BUY 108.16
03/23/20183.4154SELL 108.38
03/16/20183.4840BUY 110.78
03/14/20183.3700SHORT 115.12
03/12/20183.4200BUY 117.30
02/21/20183.6183SHORT 111.65
02/14/20183.5700BUY 110.60
01/17/20184.4700SELL 110.82
01/02/20184.0900BUY 101.60
12/26/20174.2000SHORT 99.40
12/21/20174.2000BUY 99.80
† Trade commissions are taken as 0.20%.

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