Title
by Americanbulls.com LLC
Last Update
08/17/2018
OTEL
OTELCO CL A
Last Signal: SELL
Last Pattern: BEARISH DARK CLOUD COVER
Last Close:
16.6000
Change:
-0.1500
Percent change
-0.90%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH DARK CLOUD COVER pattern finally received a confirmation because the prices crossed below the confirmation level which was at 16.7500, and our valid average selling price stands now at 16.7287. The previous BUY signal was issued on 08/13/2018, 4 days ago, when the stock price was 15.1548. Since then OTEL has risen by +10.39%.
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 is a top reversal pattern with two candlesticks. A white candlestick appears on the first day while an uptrend is in progress. The second day opens at a new high, with a gap up and closes more than halfway into the prior white body, leading to the formation of a strong black candlestick. more...
Signal History
Date 
Price 
Signal 
 
$100⇨ 
08/17/201816.7287SELL 114.13
08/13/201815.1548BUY 103.60
08/08/201815.0555SELL 103.81
07/31/201814.8000BUY 102.25
07/17/201815.0340SELL 102.45
05/17/201814.7827BUY 100.94
05/10/201815.5500SELL 101.14
05/04/201815.3160BUY 99.82
04/11/201815.1339SELL 100.02
04/03/201815.0699BUY 99.80
03/26/201815.0262SELL 100.00
03/15/201814.9660BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
08/17/201816.7287SELL 242.59
08/13/201815.1548BUY 220.21
08/08/201815.0555SELL 220.65
07/31/201814.8000BUY 217.34
07/17/201815.0340SELL 217.78
05/17/201814.7827BUY 214.57
05/10/201815.5500SELL 215.00
05/04/201815.3160BUY 212.19
04/11/201815.1339SELL 212.62
04/03/201815.0699BUY 212.15
03/26/201815.0262SELL 212.58
03/15/201814.9660BUY 212.15
02/15/201816.5305SELL 212.58
02/08/201814.3695BUY 185.16
01/29/201815.0724SELL 185.53
12/26/201713.4675BUY 166.11
12/19/201713.2857SELL 166.44
11/21/201711.3730BUY 142.76
11/15/201711.7766SELL 143.05
11/07/201710.1650BUY 123.72
10/20/201710.1011SELL 123.97
10/02/20179.5135BUY 116.99
09/26/20179.7393SELL 117.22
09/15/20179.2097BUY 111.07
09/05/20179.4403SELL 111.29
08/22/20178.4484BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
08/17/201816.7287SELL 337.38
08/13/201815.1548BUY 306.25
08/08/201815.0555SELL 306.86
07/31/201814.8000BUY 302.26
07/17/201815.0340SELL 302.87
05/17/201814.7827BUY 298.40
05/10/201815.5500SELL 299.00
05/04/201815.3160BUY 295.09
04/11/201815.1339SELL 295.68
04/03/201815.0699BUY 295.02
03/26/201815.0262SELL 295.61
03/15/201814.9660BUY 295.02
02/15/201816.5305SELL 295.61
02/08/201814.3695BUY 257.48
01/29/201815.0724SELL 258.00
12/26/201713.4675BUY 230.99
12/19/201713.2857SELL 231.45
11/21/201711.3730BUY 198.53
11/15/201711.7766SELL 198.93
11/07/201710.1650BUY 172.05
10/20/201710.1011SELL 172.39
10/02/20179.5135BUY 162.69
09/26/20179.7393SELL 163.02
09/15/20179.2097BUY 154.46
09/05/20179.4403SELL 154.77
08/22/20178.4484BUY 138.79
08/11/20178.1329SELL 139.07
08/04/20178.0109BUY 137.26
07/14/20177.4050SHORT 150.09
06/28/20177.7226BUY 157.16
06/26/20177.8147SELL 157.47
05/25/20176.8101BUY 137.50
05/15/20176.7050SHORT 140.25
05/10/20177.2101BUY 151.42
05/05/20177.3750SELL 151.72
04/26/20176.7099BUY 138.31
04/17/20176.9147SELL 138.59
04/06/20176.7620BUY 135.80
03/29/20176.9571SELL 136.07
03/13/20176.2313BUY 122.12
03/09/20176.3437SHORT 120.48
02/21/20176.3093BUY 120.31
02/01/20176.8583SELL 120.55
01/04/20176.6139BUY 116.49
12/29/20166.2500SHORT 124.19
12/27/20166.1904BUY 123.50
12/14/20166.2400SELL 123.75
12/05/20166.1500BUY 122.21
12/01/20166.1850SELL 122.45
11/29/20166.2700BUY 124.38
11/25/20166.1250SELL 124.63
11/21/20166.0125BUY 122.59
11/17/20165.9847SELL 122.84
11/07/20164.9690BUY 102.20
10/26/20164.4440SELL 102.40
10/17/20164.3599BUY 100.66
10/07/20164.2900SHORT 102.74
10/03/20164.2550BUY 102.31
09/01/20164.4840SELL 102.52
08/26/20164.3563BUY 99.80
† Trade commissions are taken as 0.20%.

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