Title
by Americanbulls.com LLC
  • English
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Last Update
20-02-2020
MARKET STATUS REPORT, 20-02-2020
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 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 slightly stronger and the flow of money is rather balanced. You have to also know that the bulls are not very comfortable and they are closely watching the market for a timely exit.
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The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2108>BULLISH HOMING PIGEON</a>...INGA.AS ING GROEP Close : 10.0520 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 INGA.AS declined after the SELL signal which was issued on 14-02-2020. Since then, the stock price edged down by a hefty 6.34%. The bearish sentiment may be over now. Our system detected a BULLISH HOMING PIGEON 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 HOMING PIGEON pattern, if confirmed, indicates an upside potential of 10.27%. 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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