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by Americanbulls.com LLC
  • English
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Last Update
06-12-2022
MARKET STATUS REPORT, 06-12-2022
The market is BEARISH for the moment. The bears are dominating the market. On the other hand, we cannot say that the bulls are very happy but they do not want to change their positions yet. Currently, the bears are slightly stronger and the flow of money is rather balanced. You have to also know that the money invested in the shares is getting more and more impatient for an exit!
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The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=4101>BULLISH THREE GAP DOWNS</a>...ADYEN.AS Adyen Ord Shs Close : 1405.2000 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 ADYEN.AS declined after the SELL signal which was issued on 16-11-2022. Since then, the stock price edged down by a hefty 8.39%. The bearish sentiment may be over now. Our system detected a BULLISH THREE GAP DOWNS pattern which may be a sign of a market mood switching from bearish to bullish. This pattern deserves utmost attention because BUY orders must be placed immediately in case of a confirmation. The BULLISH THREE GAP DOWNS pattern, if confirmed, indicates an upside potential of 6.13%. The massive pullback may be over, but patience is required at this point! Do not forget that confirmation is the prerequisite for any further move!
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