Title
by Americanbulls.com LLC
  • English
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Last Update
20-05-2022
MARKET STATUS REPORT, 20-05-2022
The market is BEARISH for the moment. The bears are dominating the market. On the other hand, we can say that there are considerable signs of unrest among the bulls. They may be seriously considering taking short positions, too. Currently, the bears are stronger and more money is flowing out of the market. You have to also know that the money invested in shares does not feel safe anymore. Investors are worried that they may go down with the market.
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Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2102>BULLISH HARAMI</a>...VETH.AS VANECK ETHEREUM ETN Close : 11.2400 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 VETH.AS took a negative turn after the SHORT signal which was issued on 02-05-2022. Since then, the stock price fell down by 30.92%. There are by now decisive hints casting doubts about the continuation of the downbeat mood. Our system detected a BULLISH HARAMI 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 pattern, if confirmed, indicates an upside potential of -1.15%. 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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