Title
by Americanbulls.com LLC
Last Update
12/14/2018
SBS
SANEAMEN SAO PAU ADR REP 1
Last Signal: SELL
Last Pattern: BEARISH HANGING MAN
Last Close:
7.7300
Change:
-0.2400
Percent change
-3.01%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH HANGING MAN pattern finally received a confirmation because the prices crossed below the confirmation level which was at 7.8925, and our valid average selling price stands now at 7.8200. The previous BUY signal was issued on 12/11/2018, 3 days ago, when the stock price was 7.3200. Since then SBS has risen by +6.83%.
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
The pattern occurs at the top of a trend or during an uptrend. The name Hanging Man comes from the fact that the candlestick looks somewhat like a hanging man. It is a single candlestick pattern that has a long lower shadow and a small body at or very near the top of its daily trading range. more...
Signal History
Date 
Price 
Signal 
 
$100⇨ 
12/14/20187.8200SELL 140.84
12/11/20187.3200BUY 132.10
11/30/20187.2713SHORT 133.52
11/28/20187.4087BUY 136.59
11/20/20187.3200SHORT 138.82
11/15/20187.3100BUY 139.19
11/08/20187.4100SELL 139.47
10/15/20187.3300BUY 138.24
10/10/20187.5700SELL 138.52
10/04/20186.6600BUY 122.11
09/28/20185.9000SELL 122.35
09/18/20185.8800BUY 122.18
09/14/20185.7600SHORT 125.28
09/12/20185.8000BUY 126.66
08/30/20186.0200SHORT 122.68
08/27/20186.1300BUY 125.42
08/16/20186.6400SHORT 116.94
08/03/20186.8700BUY 121.48
07/26/20186.9550SELL 121.72
06/29/20185.8800BUY 103.11
06/22/20186.1606SHORT 99.01
06/19/20186.1850BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
12/14/20187.8200SELL 219.52
12/11/20187.3200BUY 205.90
11/30/20187.2713SHORT 208.12
11/28/20187.4087BUY 212.90
11/20/20187.3200SHORT 216.38
11/15/20187.3100BUY 216.95
11/08/20187.4100SELL 217.38
10/15/20187.3300BUY 215.46
10/10/20187.5700SELL 215.89
10/04/20186.6600BUY 190.32
09/28/20185.9000SELL 190.70
09/18/20185.8800BUY 190.43
09/14/20185.7600SHORT 195.26
09/12/20185.8000BUY 197.40
08/30/20186.0200SHORT 191.20
08/27/20186.1300BUY 195.47
08/16/20186.6400SHORT 182.26
08/03/20186.8700BUY 189.33
07/26/20186.9550SELL 189.71
06/29/20185.8800BUY 160.71
06/22/20186.1606SHORT 154.33
06/19/20186.1850BUY 155.56
04/24/201810.0200SHORT 112.95
04/18/20189.8510BUY 111.49
03/23/201811.5200SELL 111.71
03/13/201811.6350BUY 113.05
03/02/201811.5000SELL 113.28
02/12/201810.4050BUY 102.70
01/31/201811.3500SELL 102.91
01/24/201811.1250BUY 101.07
01/10/201810.2850SELL 101.27
12/19/201710.1150BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
12/14/20187.8200SELL 374.20
12/11/20187.3200BUY 350.98
11/30/20187.2713SHORT 354.76
11/28/20187.4087BUY 362.91
11/20/20187.3200SHORT 368.84
11/15/20187.3100BUY 369.81
11/08/20187.4100SELL 370.55
10/15/20187.3300BUY 367.28
10/10/20187.5700SELL 368.02
10/04/20186.6600BUY 324.43
09/28/20185.9000SELL 325.08
09/18/20185.8800BUY 324.63
09/14/20185.7600SHORT 332.87
09/12/20185.8000BUY 336.53
08/30/20186.0200SHORT 325.97
08/27/20186.1300BUY 333.26
08/16/20186.6400SHORT 310.73
08/03/20186.8700BUY 322.78
07/26/20186.9550SELL 323.43
06/29/20185.8800BUY 273.99
06/22/20186.1606SHORT 263.11
06/19/20186.1850BUY 265.21
04/24/201810.0200SHORT 192.57
04/18/20189.8510BUY 190.08
03/23/201811.5200SELL 190.46
03/13/201811.6350BUY 192.75
03/02/201811.5000SELL 193.14
02/12/201810.4050BUY 175.10
01/31/201811.3500SELL 175.45
01/24/201811.1250BUY 172.32
01/10/201810.2850SELL 172.67
12/19/201710.1150BUY 170.16
11/29/201710.2850SELL 170.50
11/13/20178.9600BUY 148.83
10/10/201710.7250SHORT 128.31
10/02/201710.4750BUY 125.82
09/26/201710.6300SELL 126.07
09/22/201710.7200BUY 127.39
09/13/201710.7250SELL 127.65
08/30/20179.9550BUY 118.72
08/28/20179.8000SHORT 121.11
08/18/20179.7100BUY 120.48
08/10/201710.3611SELL 120.72
08/02/201710.8811BUY 127.03
07/24/201711.0000SELL 127.28
06/26/20179.3499BUY 108.40
06/15/20179.2600SHORT 109.90
05/24/20178.7700BUY 104.50
05/22/20178.6100SHORT 106.91
05/12/20179.6500BUY 120.30
05/08/20179.3400SHORT 124.93
05/03/20179.5400BUY 128.12
04/20/20179.9700SELL 128.38
04/18/201710.3700BUY 133.80
04/06/201710.7950SELL 134.07
03/24/201710.0050BUY 124.51
02/23/201710.8800SELL 124.76
02/03/201710.2300BUY 117.54
01/30/201710.0450SELL 117.78
01/11/20179.1800BUY 107.85
01/06/20179.0600SELL 108.07
12/27/20168.3500BUY 99.80
† Trade commissions are taken as 0.20%.

Disclaimers:

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.