Title
by Americanbulls.com LLC
Last Update
08/16/2018
SIM
GRUPO SIMEC ADR
Last Signal: SHORT
Last Pattern: BEARISH STOP LOSS
Last Close:
9.1600
Change:
-0.1197
Percent change
-1.29%
Signal Update
Our system’s recommendation today is to SHORT. The BEARISH STOP LOSS pattern finally received a confirmation because the prices crossed below the Stop Loss level which was at 9.4470, and our valid average selling price stands now at 9.2700. The previous BUY signal was issued on 08/09/2018, 7 days ago, when the stock price was 9.7800. Since then SIM has fallen by -5.21%.
Market Outlook
The market changed its face while our beloved candlesticks were asleep. Though the system has not yet detected a bearish pattern, the evidence is strong enough to go for a bearish bet. The bearish stop loss is confirmed and a SHORT signal is generated. Follow the signal and profit from the bearish enthusiasm before it is too late. SHORT is a dangerous signal. Sudden increases in prices can lead to huge losses. For this reason stop loss levels must be kept in mind at all times and SHORT orders must never be placed without a stop loss. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This is not a standard candlestick pattern. It is simply the stop loss compliment of all the confirmed bullish patterns. The conditions for the activation of the Bearish stop loss are two consecutive lows or a close below the stop loss level of a recently confirmed bullish pattern. more...
Signal History
Date 
Price 
Signal 
 
$100⇨ 
08/16/20189.2700SHORT 103.68
08/09/20189.7800BUY 109.82
08/01/20189.8200SELL 110.04
07/27/201810.0175BUY 112.48
07/20/20189.6900SELL 112.71
06/21/20188.7100BUY 101.51
05/30/20189.5403SHORT 93.76
05/25/20189.6400BUY 95.12
04/25/201810.1500SELL 95.31
04/23/20189.7600BUY 91.83
04/20/20189.4242SELL 92.01
04/17/20189.7600BUY 95.48
04/13/20189.6700SHORT 96.76
04/04/20189.4501BUY 94.94
03/23/20189.4000SHORT 95.83
02/22/20189.6955BUY 99.24
02/20/20189.6801SHORT 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
08/16/20189.2700SHORT 100.13
08/09/20189.7800BUY 106.06
08/01/20189.8200SELL 106.27
07/27/201810.0175BUY 108.62
07/20/20189.6900SELL 108.84
06/21/20188.7100BUY 98.03
05/30/20189.5403SHORT 90.54
05/25/20189.6400BUY 91.85
04/25/201810.1500SELL 92.03
04/23/20189.7600BUY 88.67
04/20/20189.4242SELL 88.85
04/17/20189.7600BUY 92.20
04/13/20189.6700SHORT 93.44
04/04/20189.4501BUY 91.68
03/23/20189.4000SHORT 92.54
02/22/20189.6955BUY 95.83
02/20/20189.6801SHORT 96.37
02/12/20189.8500BUY 98.45
01/30/201810.3860SELL 98.65
01/05/20189.5800BUY 91.18
12/20/20179.5800SHORT 91.55
12/18/20179.5800BUY 91.92
12/05/201710.3000SELL 92.10
11/21/20179.9999BUY 89.60
11/15/20179.5600SHORT 94.30
11/09/20179.7399BUY 96.46
10/23/201710.1600SELL 96.65
09/14/201710.4698BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
08/16/20189.2700SHORT 209.48
08/09/20189.7800BUY 221.89
08/01/20189.8200SELL 222.33
07/27/201810.0175BUY 227.26
07/20/20189.6900SELL 227.72
06/21/20188.7100BUY 205.10
05/30/20189.5403SHORT 189.44
05/25/20189.6400BUY 192.19
04/25/201810.1500SELL 192.58
04/23/20189.7600BUY 185.55
04/20/20189.4242SELL 185.92
04/17/20189.7600BUY 192.93
04/13/20189.6700SHORT 195.52
04/04/20189.4501BUY 191.84
03/23/20189.4000SHORT 193.64
02/22/20189.6955BUY 200.53
02/20/20189.6801SHORT 201.66
02/12/20189.8500BUY 206.02
01/30/201810.3860SELL 206.43
01/05/20189.5800BUY 190.79
12/20/20179.5800SHORT 191.56
12/18/20179.5800BUY 192.33
12/05/201710.3000SELL 192.72
11/21/20179.9999BUY 187.48
11/15/20179.5600SHORT 197.31
11/09/20179.7399BUY 201.83
10/23/201710.1600SELL 202.23
09/14/201710.4698BUY 208.81
08/23/201711.4830SELL 209.23
08/09/201710.8560BUY 198.20
07/31/201710.7125SELL 198.60
07/27/201710.9115BUY 202.69
07/17/201710.7850SELL 203.10
07/07/201710.5424BUY 198.93
07/05/201710.4600SELL 199.33
06/23/201710.7300BUY 204.88
06/15/201710.7950SELL 205.29
06/08/201710.0000BUY 190.55
05/30/201710.3367SHORT 185.28
05/17/201710.4800BUY 188.60
03/21/201713.1100SHORT 157.72
03/16/201713.2400BUY 159.92
03/07/201714.1001SELL 160.24
02/27/201714.0286BUY 159.75
02/15/201713.9006SELL 160.07
02/10/201713.9444BUY 160.90
01/31/201713.8320SHORT 162.87
01/13/201713.4079BUY 158.51
01/03/201714.2400SELL 158.83
12/23/201614.3100BUY 159.93
12/20/201614.2957SELL 160.25
12/13/201614.4347BUY 162.13
12/09/201614.2910SELL 162.45
11/25/201610.3100BUY 117.43
11/10/201610.7600SELL 117.67
11/07/201610.3743BUY 113.68
10/26/201610.5684SELL 113.91
10/19/201610.4984BUY 113.38
10/14/201610.1000SELL 113.61
09/27/20168.8600BUY 99.86
09/15/20168.9912SELL 100.06
08/25/20168.9499BUY 99.80
† Trade commissions are taken as 0.20%.

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