Title
by Americanbulls.com LLC
Last Update
02/16/2018
SMMT
SUMMIT THERAPEUTICS ADR REP 5
Last Signal: SHORT
Last Pattern: BEARISH DELIBERATION BLO..
Last Close:
11.6800
Change:
-0.5000
Percent change
-4.11%
Signal Update
Our system’s recommendation today is to SHORT. The BEARISH DELIBERATION BLOCK pattern finally received a confirmation because the prices crossed below the confirmation level which was at 12.1150, and our valid average selling price stands now at 12.0300. The previous BUY signal was issued on 02/13/2018, 3 days ago, when the stock price was 11.0720. Since then SMMT has risen by +8.65%.
Market Outlook
The bears have strong evidence and this evidence prompts us to make a bearish bet. The bearish pattern that was previously identified is finally 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 pattern consists of three consecutive white candlesticks with consecutively higher closes in an uptrend. more...
Signal History
Date 
Price 
Signal 
 
$100⇨ 
02/16/201812.0300SHORT 275.43
02/13/201811.0720BUY 254.51
01/31/201814.0500SELL 255.02
01/19/201812.0967BUY 220.01
01/17/201812.0800SELL 220.45
12/18/201710.2900BUY 188.16
12/01/201711.7281SELL 188.54
11/07/20179.5100BUY 153.19
11/01/201710.2701SHORT 143.21
10/30/201710.2910BUY 144.08
10/09/201712.6169SHORT 122.14
10/05/201712.6450BUY 122.90
09/29/201712.6050SHORT 123.79
09/20/201712.4650BUY 122.91
09/13/201715.4800SELL 123.16
08/16/201712.5183BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
02/16/201812.0300SHORT 341.30
02/13/201811.0720BUY 315.38
01/31/201814.0500SELL 316.01
01/19/201812.0967BUY 272.62
01/17/201812.0800SELL 273.17
12/18/201710.2900BUY 233.16
12/01/201711.7281SELL 233.63
11/07/20179.5100BUY 189.82
11/01/201710.2701SHORT 177.45
10/30/201710.2910BUY 178.52
10/09/201712.6169SHORT 151.34
10/05/201712.6450BUY 152.29
09/29/201712.6050SHORT 153.39
09/20/201712.4650BUY 152.29
09/13/201715.4800SELL 152.60
08/16/201712.5183BUY 123.65
08/10/201713.9718SELL 123.90
06/22/201711.2200BUY 99.70
06/20/201710.8700SHORT 103.43
06/05/201710.9907BUY 105.00
05/18/201711.4873SELL 105.21
05/09/201710.9900BUY 100.86
05/01/201710.9328SHORT 101.80
04/26/201710.6910BUY 99.95
04/04/201713.0305SELL 100.15
03/28/201712.7852BUY 98.46
03/21/201712.6177SELL 98.66
03/17/201712.7375BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
02/16/201812.0300SHORT 748.81
02/13/201811.0720BUY 691.94
01/31/201814.0500SELL 693.33
01/19/201812.0967BUY 598.14
01/17/201812.0800SELL 599.34
12/18/201710.2900BUY 511.55
12/01/201711.7281SELL 512.58
11/07/20179.5100BUY 416.47
11/01/201710.2701SHORT 389.33
10/30/201710.2910BUY 391.69
10/09/201712.6169SHORT 332.05
10/05/201712.6450BUY 334.12
09/29/201712.6050SHORT 336.53
09/20/201712.4650BUY 334.13
09/13/201715.4800SELL 334.80
08/16/201712.5183BUY 271.29
08/10/201713.9718SELL 271.83
06/22/201711.2200BUY 218.73
06/20/201710.8700SHORT 226.91
06/05/201710.9907BUY 230.35
05/18/201711.4873SELL 230.81
05/09/201710.9900BUY 221.26
05/01/201710.9328SHORT 223.32
04/26/201710.6910BUY 219.26
04/04/201713.0305SELL 219.70
03/28/201712.7852BUY 216.00
03/21/201712.6177SELL 216.43
03/17/201712.7375BUY 218.92
03/03/201712.7054SELL 219.36
02/09/201711.2700BUY 194.97
02/03/201711.2200SELL 195.36
02/01/201711.2900BUY 196.97
01/25/201711.7824SELL 197.36
12/30/20168.5098BUY 142.83
12/23/20168.4400SHORT 144.60
12/19/20168.8600BUY 152.41
11/30/201610.5766SHORT 131.65
11/22/201611.0326BUY 137.88
11/16/201611.4824SELL 138.16
11/14/201611.4826BUY 138.44
10/25/201611.8321SELL 138.72
10/19/201610.8040BUY 126.92
08/23/20167.1500QUIT 127.17
08/11/20166.8100BUY 121.37
07/20/20167.1601SHORT 116.18
07/13/20167.5099BUY 122.34
06/15/20168.3400SELL 122.59
06/10/20168.5000BUY 125.19
06/06/20168.2911SELL 125.44
05/27/20168.3125BUY 126.02
05/11/20168.5100SELL 126.27
05/09/20168.7999BUY 130.83
05/03/20169.4902SELL 131.09
04/26/20167.4924BUY 103.70
03/10/20166.8963QUIT 103.91
03/07/20166.6100BUY 99.80
† Trade commissions are taken as 0.20%.

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