Title
by Americanbulls.com LLC
Last Update
09/18/2020
MXC
MEXCO ENERGY
Last Signal: BUY
Last Pattern: BULLISH MEETING LINE
Last Close:
4.3900
Change:
+0.0300
Percent change
+0.69%
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 4.3600, and our valid average buying price stands now at 4.3900. The previous SHORT signal was issued on 09/02/2020, 16 days ago, when the stock price was 4.8000. Since then MXC has fallen by -8.54%.
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⇨ 
09/18/20204.3900BUY 374.70
09/02/20204.8000SHORT 346.60
08/28/20205.2908BUY 383.57
08/24/20205.2400SHORT 388.88
08/19/20206.0600BUY 451.54
08/11/20206.2200SELL 452.44
07/31/20205.3450BUY 389.57
07/27/20205.9200SELL 390.35
07/21/20203.1400BUY 207.46
07/13/20203.0900SHORT 211.72
07/09/20203.1300BUY 215.32
06/10/20204.1700SELL 215.75
05/28/20202.9900BUY 155.01
05/21/20202.9700SELL 155.32
05/18/20202.5750BUY 134.93
05/01/20202.3700SELL 135.20
04/28/20202.4157BUY 138.08
04/14/20202.5664SELL 138.36
03/24/20201.8475BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
09/18/20204.3900BUY 564.85
09/02/20204.8000SHORT 522.49
08/28/20205.2908BUY 578.22
08/24/20205.2400SHORT 586.22
08/19/20206.0600BUY 680.68
08/11/20206.2200SELL 682.04
07/31/20205.3450BUY 587.27
07/27/20205.9200SELL 588.45
07/21/20203.1400BUY 312.74
07/13/20203.0900SHORT 319.16
07/09/20203.1300BUY 324.59
06/10/20204.1700SELL 325.24
05/28/20202.9900BUY 233.67
05/21/20202.9700SELL 234.14
05/18/20202.5750BUY 203.41
05/01/20202.3700SELL 203.82
04/28/20202.4157BUY 208.17
04/14/20202.5664SELL 208.59
03/24/20201.8475BUY 150.46
02/24/20203.5739SHORT 101.86
02/20/20203.6250BUY 103.73
02/14/20203.6100SHORT 104.58
02/12/20203.7400BUY 108.78
02/07/20203.6628SHORT 111.57
02/05/20203.7160BUY 113.64
01/14/20203.9500SELL 113.87
01/10/20204.0000BUY 115.54
01/06/20204.2150SELL 115.77
12/30/20193.9700BUY 109.26
12/19/20193.8612SELL 109.48
11/22/20193.7160BUY 105.57
10/24/20194.2850SHORT 93.57
10/18/20194.5440BUY 99.62
10/16/20194.5700SELL 99.82
10/11/20194.5600BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
09/18/20204.3900BUY 856.93
09/02/20204.8000SHORT 792.66
08/28/20205.2908BUY 877.21
08/24/20205.2400SHORT 889.35
08/19/20206.0600BUY 1,032.65
08/11/20206.2200SELL 1,034.72
07/31/20205.3450BUY 890.94
07/27/20205.9200SELL 892.73
07/21/20203.1400BUY 474.46
07/13/20203.0900SHORT 484.20
07/09/20203.1300BUY 492.44
06/10/20204.1700SELL 493.43
05/28/20202.9900BUY 354.51
05/21/20202.9700SELL 355.22
05/18/20202.5750BUY 308.59
05/01/20202.3700SELL 309.21
04/28/20202.4157BUY 315.80
04/14/20202.5664SELL 316.43
03/24/20201.8475BUY 228.25
02/24/20203.5739SHORT 154.52
02/20/20203.6250BUY 157.36
02/14/20203.6100SHORT 158.65
02/12/20203.7400BUY 165.02
02/07/20203.6628SHORT 169.25
02/05/20203.7160BUY 172.40
01/14/20203.9500SELL 172.75
01/10/20204.0000BUY 175.29
01/06/20204.2150SELL 175.64
12/30/20193.9700BUY 165.76
12/19/20193.8612SELL 166.09
11/22/20193.7160BUY 160.16
10/24/20194.2850SHORT 141.95
10/18/20194.5440BUY 151.13
10/16/20194.5700SELL 151.43
10/11/20194.5600BUY 151.40
09/18/20194.9400SELL 151.70
09/16/20194.9300BUY 151.70
09/12/20194.2250SELL 152.00
07/31/20194.1600BUY 149.96
07/29/20194.1100SELL 150.26
07/22/20194.0495BUY 148.34
07/12/20194.0850SELL 148.64
07/10/20194.1912BUY 152.81
07/05/20194.0300SELL 153.12
06/20/20193.8924BUY 148.19
06/03/20193.9700SHORT 145.93
05/28/20194.3400BUY 160.17
05/20/20194.0700SHORT 172.24
05/16/20194.3600BUY 185.25
04/25/20195.1800SHORT 160.57
04/15/20195.1700BUY 160.90
04/03/20195.2300SELL 161.22
03/29/20194.2306BUY 130.67
03/01/20194.1520SHORT 133.73
02/20/20194.0400BUY 130.64
02/06/20193.7100SELL 130.90
12/28/20182.6600BUY 94.04
12/17/20183.2900SHORT 79.24
12/13/20183.6995BUY 89.46
11/29/20183.7300SHORT 89.09
11/27/20183.9300BUY 94.24
11/20/20183.9600SHORT 93.91
11/14/20184.3170BUY 102.79
11/05/20184.4050SHORT 101.18
10/26/20184.5200BUY 104.24
09/26/20185.1347SELL 104.45
09/20/20184.8961BUY 99.80
† Trade commissions are taken as 0.20%.

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