MARKET STATUS REPORT
Trend:
The market is moving SIDEWAYS for the moment. The bears have an upper hand, but the bulls are also not sleeping. 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 bulls are slightly stronger but the flow of money is rather balanced. You also have to know that the bears are not very comfortable and they are closely watching the market for a timely entry.
OVERBOUGHT/OVERSOLD STOCKS
The chart above shows how SKN displayed a rally after the BUY signal which was issued on 21/03/2024. Since then, the gain in this stock stretched to a whopping 31%. 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
Sold on
16/05/2024
 
SAMTEL
 
Last Signal
SELL
4201
Sell Level
3.7500
Sold at
3.7000
Close
3.7000
 
 
Sold on
16/05/2024
 
SKN
 
Last Signal
SELL
2202
Sell Level
5.9500
Sold at
5.9100
Close
5.8000
Gain%
-1.86
Bought on
16/05/2024
 
SVT
 
Last Signal
BUY
2103
Buy Level
1.5700
Bought at
1.5900
Close
1.6200
Gain%
1.89
Bought on
15/05/2024
 
D
 
Last Signal
STAY LONG
2202
Sell Level
3.3700
Bought at
3.3600
Close
3.3800
Gain%
0.60
Bought on
15/05/2024
 
JMART
 
Last Signal
STAY LONG
0
 
Bought at
13.10
Close
13.30
Gain%
1.53
Sold on
15/05/2024
 
PQS
 
Last Signal
STAY IN CASH
2108
Buy Level
3.4400
Sold at
3.3200
Close
3.4400
Loss%
3.61
Sold on
15/05/2024
 
XO
 
Last Signal
STAY IN CASH
0
 
Sold at
32.50
Close
31.50
Gain%
-3.08
Sold on
14/05/2024
 
BLC
 
Last Signal
STAY IN CASH
0
 
Sold at
5.2900
Close
5.0500
Gain%
-4.54
Sold on
14/05/2024
 
IT
 
IT City
 
Last Signal
STAY IN CASH
2102
Buy Level
3.8000
Sold at
3.8500
Close
3.8000
Gain%
-1.30
Bought on
14/05/2024
 
NV
 
Last Signal
STAY LONG
70000
Sell Level
1.2700
Bought at
1.3150
Close
1.1600
Loss%
-11.79
Bought on
13/05/2024
 
ADD
 
Last Signal
STAY LONG
0
 
Bought at
5.0500
Close
4.9600
Loss%
-1.78
Bought on
13/05/2024
 
CMC
 
Last Signal
SELL
2203
Sell Level
1.1300
Bought at
1.1400
Close
1.0900
Loss%
-4.39
Sold on
13/05/2024
 
PM
 
Last Signal
STAY IN CASH
2102
Buy Level
8.2000
Sold at
8.2000
Close
8.1000
Gain%
-1.22
Sold on
13/05/2024
 
TC
 
Last Signal
STAY IN CASH
0
 
Sold at
7.6000
Close
7.1000
Gain%
-6.58
Bought on
10/05/2024
 
BKD
 
Last Signal
STAY LONG
0
 
Bought at
1.2700
Close
1.2700
 
 
Sold on
10/05/2024
 
MCS
 
Last Signal
STAY IN CASH
0
 
Sold at
8.0000
Close
7.8500
Gain%
-1.88
Sold on
10/05/2024
 
SECURE
 
Last Signal
BUY
3112
Buy Level
15.00
Sold at
14.50
Close
16.10
Loss%
11.03
Bought on
10/05/2024
 
TCMC
 
Last Signal
SELL
2202
Sell Level
1.2400
Bought at
1.2500
Close
1.2000
Loss%
-4.00
Sold on
09/05/2024
 
ITTHI
 
Last Signal
STAY IN CASH
2111
Buy Level
2.8000
Sold at
3.0400
Close
2.4400
Gain%
-19.74
Sold on
09/05/2024
 
JSP
 
Last Signal
STAY IN CASH
2101
Buy Level
2.5600
Sold at
2.8400
Close
2.5600
Gain%
-9.86
Bought on
03/05/2024
 
AIE
 
Last Signal
STAY LONG
2202
Sell Level
1.2650
Bought at
1.2400
Close
1.2700
Gain%
2.42
Bought on
02/05/2024
 
GULF
 
Last Signal
STAY LONG
2201
Sell Level
41.00
Bought at
41.00
Close
42.25
Gain%
3.05
Sold on
29/04/2024
 
JDF
 
JD Food
 
Last Signal
BUY
2102
Buy Level
2.6200
Sold at
2.7900
Close
2.6400
Gain%
-5.38
Sold on
24/04/2024
 
LIT
 
Last Signal
BUY
2101
Buy Level
1.1400
Sold at
1.2350
Close
1.1500
Gain%
-6.88
Sold on
22/04/2024
 
SORKON
 
Last Signal
STAY IN CASH
2108
Buy Level
4.6500
Sold at
4.5600
Close
4.6200
Loss%
1.32
Sold on
05/04/2024
 
BRRGIF
 
Last Signal
BUY
2102
Buy Level
3.4800
Sold at
3.4800
Close
3.5000
Loss%
0.57
Sold on
04/04/2024
 
NYT
 
Last Signal
STAY IN CASH
2101
Buy Level
4.2000
Sold at
4.9000
Close
4.1200
Gain%
-15.92
Sold on
26/03/2024
 
UNIQ
 
Last Signal
STAY IN CASH
2103
Buy Level
3.0800
Sold at
3.4800
Close
3.0800
Gain%
-11.49
Bought on
18/03/2024
 
TKS
 
Last Signal
STAY LONG
2202
Sell Level
8.4500
Bought at
6.4500
Close
8.8500
Gain%
37.21
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