MARKET STATUS REPORT
Trend:
The market is EXTREMELY BEARISH for the moment. On the other hand, we cannot say that the bears are very happy, but they do not want to change their positions yet. In fact, there is not much appetite for confirming bearish patterns.
Money Flow:
Currently, the bears are very strong and the money is flowing in one direction only, out of the market. You also have to know that the money waiting at the sidelines is not comfortable anymore. Sideliners are worried that they may be missing the bulls’ train.
OVERBOUGHT/OVERSOLD STOCKS
The chart above shows how WAVE displayed a rally after the BUY signal which was issued on 04/03/2024. Since then, the gain in this stock stretched to a whopping 217%. We see, however, enough hints pointing to the fact that the conditions are now ripening for at least a market correction. Our system confirmed this emerging bearish mood by issuing a SELL signal. The signal has just been issued, so it is not late to run to safety by selling this stock. It is still early to say if this is a decisive market top or merely a correction but it is evidently the right time to take the profits in order to prevent any disappointment in the future.
Watch Recommended Stocks
Bought on
04/18/2024
 
AI
 
Last Signal
BUY
2106
Buy Level
20.70
Bought at
20.87
Close
20.87
 
 
Sold on
04/18/2024
 
FSM
 
Last Signal
SELL
2206
Sell Level
4.5500
Sold at
4.5200
Close
4.5100
Gain%
-0.22
Bought on
04/18/2024
 
MGOL
 
Last Signal
BUY
2102
Buy Level
0.2305
Bought at
0.2325
Close
0.2390
Gain%
2.80
Sold on
04/18/2024
 
WAVE
 
Last Signal
SELL
2201
Sell Level
3.8900
Sold at
3.7500
Close
3.6300
Gain%
-3.20
Sold on
04/17/2024
 
ABUS
 
Last Signal
STAY IN CASH
0
 
Sold at
2.8800
Close
2.7300
Gain%
-5.21
Sold on
04/17/2024
 
CMCM
 
Last Signal
STAY SHORT
2102
Buy Level
3.3900
Sold at
3.6500
Close
3.3700
Gain%
-7.67
Bought on
04/17/2024
 
GL-PD
 
Last Signal
STAY LONG
0
 
Bought at
14.75
Close
15.06
Gain%
2.10
Bought on
04/17/2024
 
PCSA
 
Last Signal
STAY LONG
2205
Sell Level
1.5600
Bought at
1.5875
Close
1.5600
Loss%
-1.73
Sold on
04/16/2024
 
AG
 
Last Signal
STAY IN CASH
2109
Buy Level
7.0200
Sold at
6.9650
Close
6.7700
Gain%
-2.80
Bought on
04/16/2024
 
CLEU
 
Last Signal
STAY LONG
2206
Sell Level
0.9950
Bought at
0.9900
Close
1.0308
Gain%
4.12
Bought on
04/16/2024
 
SPRU
 
Last Signal
STAY LONG
2202
Sell Level
3.2300
Bought at
3.3600
Close
3.4900
Gain%
3.87
Sold on
04/16/2024
 
VERU
 
Veru
 
Last Signal
STAY IN CASH
2101
Buy Level
1.4200
Sold at
1.4060
Close
1.4200
Loss%
1.00
Sold on
04/15/2024
 
FUSN
 
Last Signal
STAY IN CASH
0
 
Sold at
21.28
Close
21.25
Gain%
-0.14
Sold on
04/15/2024
 
GDXU
 
Last Signal
STAY IN CASH
0
 
Sold at
37.14
Close
36.91
Gain%
-0.62
Bought on
04/15/2024
 
LDTC
 
Last Signal
SHORT
70000
Sell Level
2.2200
Bought at
2.2900
Close
2.1501
Loss%
-6.11
Sold on
04/12/2024
 
ADXN
 
Last Signal
STAY IN CASH
0
 
Sold at
25.57
Close
20.96
Gain%
-18.03
Bought on
04/12/2024
 
ERY
 
Last Signal
STAY LONG
2206
Sell Level
21.80
Bought at
20.76
Close
22.02
Gain%
6.07
Sold on
04/12/2024
 
NRGU
 
Last Signal
STAY IN CASH
2106
Buy Level
621.96
Sold at
681.77
Close
600.71
Gain%
-11.89
Sold on
04/11/2024
 
HIPO
 
Last Signal
STAY SHORT
0
 
Sold at
23.15
Close
19.69
Gain%
-14.95
Bought on
04/11/2024
 
LW
 
Last Signal
SHORT
2205
Sell Level
80.36
Bought at
80.74
Close
80.29
Loss%
-0.56
Sold on
04/11/2024
 
MDIA
 
Last Signal
STAY IN CASH
2105
Buy Level
2.7200
Sold at
3.7450
Close
2.7200
Gain%
-27.37
Sold on
04/10/2024
 
ALCC
 
Last Signal
STAY IN CASH
2105
Buy Level
12.72
Sold at
13.67
Close
12.67
Gain%
-7.32
Bought on
04/10/2024
 
BORR
 
Last Signal
SHORT
70000
Sell Level
5.7100
Bought at
5.8900
Close
5.5100
Loss%
-6.45
Sold on
04/09/2024
 
SWVL
 
Last Signal
STAY IN CASH
2101
Buy Level
9.4800
Sold at
15.20
Close
9.4800
Gain%
-37.63
Sold on
04/09/2024
 
WTIU
 
Last Signal
STAY IN CASH
3101
Buy Level
26.36
Sold at
25.93
Close
22.89
Gain%
-11.72
Sold on
04/08/2024
 
PRM
 
Last Signal
STAY IN CASH
2108
Buy Level
7.0200
Sold at
7.5500
Close
6.9900
Gain%
-7.42
Sold on
04/05/2024
 
OUST
 
Last Signal
STAY IN CASH
2106
Buy Level
7.5550
Sold at
9.8900
Close
6.9900
Gain%
-29.32
Sold on
04/02/2024
 
FLGC
 
Last Signal
STAY IN CASH
2107
Buy Level
1.8200
Sold at
2.0900
Close
1.6800
Gain%
-19.62
Sold on
04/02/2024
 
PACK
 
Last Signal
STAY IN CASH
2102
Buy Level
6.9400
Sold at
7.7200
Close
6.9400
Gain%
-10.10
Bought on
04/02/2024
 
SISI
 
Shineco
 
Last Signal
STAY LONG
2202
Sell Level
0.6700
Bought at
0.6600
Close
0.7200
Gain%
9.09
Sold on
03/21/2024
 
BITO
 
Last Signal
STAY IN CASH
2110
Buy Level
27.77
Sold at
30.46
Close
27.77
Gain%
-8.83
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