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Last Update
11/21/2014
MARKET STATUS REPORT, 21/11/2014
The market is EXTREMELY BULLISH for the moment. The bears have totally disappeared. They must be hiding in their caves, waiting for the right time for a counterattack! On the other hand, we can say that insurgence among the bears may be imminent. They may change their positions and start buying soon. Currently, the bulls are stronger and more money is flowing into the market. You have to also know that the money waiting at the sidelines is getting more and more impatient for an entry!
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BULLISH PATTERNS
 
HEIJM.AS (AMSTERDAM)
 
 
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The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2103>BULLISH HARAMI CROSS</a>...HEIJM.AS HEIJMANS Close : 7.9900 chart showing Series 1 series, Series 2 series, Series 3 series, Series 4 series, Series 5 series, Series 6 series, Series 7 series, Series 8 series, Series 9 series.
The chart above shows how HEIJM.AS took a negative turn after the SHORT signal which was issued on 10/23/2014. Since then, the stock price fell down by 27.56%. There are by now decisive hints casting doubts about the continuation of the downbeat mood. Our system detected a BULLISH HARAMI CROSS pattern, which may be a sign of a market sentiment switching from bearish to bullish. This pattern deserves utmost attention, because the SHORT positions must immediately be covered and long positions must be taken, in case of a confirmation. The BULLISH HARAMI CROSS pattern, if confirmed, indicates an upside potential of 6.85%. It may turn out to be a good opportunity for bottom fishers, but patience first! Do not forget that confirmation is the prerequisite for any further move!
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