Title
by Americanbulls.com LLC
  • English
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Last Update
04/03/2021
MARKET STATUS REPORT, 04/03/2021
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 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 bulls are not very comfortable and they are closely watching the market for a timely exit.
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Title
Title
Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2107>BULLISH MEETING LINE</a>...ROBO ROBOGROUP TEK Close : 626.2000 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 ROBO declined after the SELL signal which was issued on 17/02/2021. Since then, the stock price edged down by a hefty 35.50%. The bearish sentiment may be over now. Our system detected a BULLISH MEETING LINE 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 MEETING LINE pattern, if confirmed, indicates an upside potential of 8.54%. 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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