by Americanbulls.com LLC
Last Update
Last Signal: BUY
Last Close:
Percent change
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
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%.
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%.
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%.


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.