Title
by Americanbulls.com LLC
Last Update
08/23/2019
TECL
DIREXION DAILY TECHNO BULL 3X ETF
Last Signal: SHORT
Last Pattern: BEARISH ENGULFING
Last Close:
147.7100
Change:
-16.0000
Percent change
-9.77%
Signal Update
Our system’s recommendation today is to SHORT. The BEARISH ENGULFING pattern finally received a confirmation because the prices crossed below the confirmation level which was at 163.7100, and our valid average selling price stands now at 160.2300. The previous BUY signal was issued on 08/21/2019, 2 days ago, when the stock price was 164.8000. Since then TECL has fallen by -2.77%.
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 is characterized by a large black body engulfing a preceding smaller white body, which appears during an uptrend. The black body does not necessarily engulf the shadows of the white body but totally engulfs the body itself. This is an important top reversal signal. more...
Signal History
Date 
Price 
Signal 
 
$100⇨ 
08/23/2019160.2300SHORT 112.91
08/21/2019164.8000BUY 116.60
08/12/2019153.3500SHORT 126.51
08/07/2019150.0500BUY 124.28
07/31/2019183.9300SELL 124.53
07/22/2019177.1000BUY 120.15
07/16/2019176.6950SELL 120.39
06/26/2019156.8900BUY 107.11
06/12/2019148.3900SELL 107.32
06/05/2019134.4100BUY 97.40
05/24/2019133.2200SHORT 98.67
05/15/2019139.8500BUY 104.00
05/13/2019136.0700SHORT 107.40
04/30/2019165.5900BUY 131.22
04/25/2019166.5500SELL 131.48
04/08/2019150.1500BUY 118.77
04/04/2019148.1350SELL 119.01
03/29/2019138.6300BUY 111.60
03/25/2019133.4600SELL 111.82
03/11/2019118.8800BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
08/23/2019160.2300SHORT 198.70
08/21/2019164.8000BUY 205.19
08/12/2019153.3500SHORT 222.64
08/07/2019150.0500BUY 218.72
07/31/2019183.9300SELL 219.16
07/22/2019177.1000BUY 211.44
07/16/2019176.6950SELL 211.86
06/26/2019156.8900BUY 188.49
06/12/2019148.3900SELL 188.87
06/05/2019134.4100BUY 171.42
05/24/2019133.2200SHORT 173.66
05/15/2019139.8500BUY 183.03
05/13/2019136.0700SHORT 189.02
04/30/2019165.5900BUY 230.95
04/25/2019166.5500SELL 231.41
04/08/2019150.1500BUY 209.04
04/04/2019148.1350SELL 209.46
03/29/2019138.6300BUY 196.41
03/25/2019133.4600SELL 196.80
03/11/2019118.8800BUY 175.65
03/05/2019122.5400SELL 176.00
02/12/2019111.1500BUY 159.96
02/07/2019107.9800SELL 160.28
12/27/201881.6700BUY 121.47
12/04/2018110.0150SHORT 96.97
11/26/2018101.5000BUY 89.82
11/09/2018129.8400SELL 90.00
11/06/2018122.7900BUY 85.28
10/29/2018123.9300SHORT 84.84
10/16/2018137.6800BUY 94.63
10/04/2018162.4300SELL 94.82
10/02/2018169.5900BUY 99.20
09/26/2018162.4600SELL 99.40
09/13/2018162.7800BUY 99.80
† Trade commissions are taken as 0.20%.
Date 
Price 
Signal 
 
$100⇨ 
08/23/2019160.2300SHORT 499.32
08/21/2019164.8000BUY 515.62
08/12/2019153.3500SHORT 559.46
08/07/2019150.0500BUY 549.62
07/31/2019183.9300SELL 550.72
07/22/2019177.1000BUY 531.33
07/16/2019176.6950SELL 532.39
06/26/2019156.8900BUY 473.66
06/12/2019148.3900SELL 474.61
06/05/2019134.4100BUY 430.76
05/24/2019133.2200SHORT 436.39
05/15/2019139.8500BUY 459.95
05/13/2019136.0700SHORT 474.99
04/30/2019165.5900BUY 580.36
04/25/2019166.5500SELL 581.52
04/08/2019150.1500BUY 525.31
04/04/2019148.1350SELL 526.36
03/29/2019138.6300BUY 493.57
03/25/2019133.4600SELL 494.56
03/11/2019118.8800BUY 441.41
03/05/2019122.5400SELL 442.29
02/12/2019111.1500BUY 401.98
02/07/2019107.9800SELL 402.79
12/27/201881.6700BUY 305.26
12/04/2018110.0150SHORT 243.70
11/26/2018101.5000BUY 225.74
11/09/2018129.8400SELL 226.19
11/06/2018122.7900BUY 214.34
10/29/2018123.9300SHORT 213.24
10/16/2018137.6800BUY 237.85
10/04/2018162.4300SELL 238.33
10/02/2018169.5900BUY 249.33
09/26/2018162.4600SELL 249.83
09/13/2018162.7800BUY 250.82
09/04/2018167.0400SELL 251.32
08/22/2018154.5200BUY 232.95
08/10/2018153.1600SELL 233.42
08/01/2018144.1528BUY 220.13
07/27/2018149.5200SELL 220.57
07/02/2018134.4700BUY 198.77
06/21/2018146.0600SELL 199.17
06/11/2018147.4400BUY 201.45
06/07/2018149.0300SELL 201.85
06/01/2018138.9700BUY 188.60
05/15/2018132.9100SELL 188.98
04/26/2018114.4150BUY 163.01
04/19/2018123.6100SELL 163.34
04/04/2018110.0800BUY 145.75
03/28/2018108.8300SHORT 148.03
03/26/2018116.8700BUY 159.60
03/13/2018144.4800SELL 159.92
03/08/2018136.8600BUY 151.79
02/28/2018133.6300SELL 152.09
02/23/2018127.9000BUY 145.86
02/21/2018124.3450SELL 146.15
02/12/2018111.1100BUY 130.86
01/25/2018135.2800SELL 131.12
01/12/2018126.4600BUY 122.82
01/09/2018125.3800SELL 123.07
12/11/2017111.0700BUY 109.24
12/04/2017108.4500SELL 109.46
11/21/2017112.6450BUY 113.92
11/15/2017107.2100SELL 114.15
10/30/2017106.2700BUY 113.38
10/25/201796.7600SELL 113.61
09/27/201786.4500BUY 101.71
09/21/201787.9400SELL 101.91
09/19/201789.3400BUY 103.74
09/13/201787.9900SELL 103.95
09/07/201786.3600BUY 102.23
09/05/201786.5400SELL 102.43
08/29/201784.1500BUY 99.80
† Trade commissions are taken as 0.20%.

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