Title
by Americanbulls.com LLC
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Last Update
17/10/2021
MARKET STATUS REPORT, 17/10/2021
The market is BULLISH for the moment. The bulls 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 bulls are very strong and the money is flowing in one direction only, into the market. 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=2101>BULLISH ENGULFING</a>...LZNR A LUZON REAL ESTATE FINANCE Close : 66.4000 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 LZNR declined after the SELL signal which was issued on 30/08/2021. Since then, the stock price edged down by a hefty 26.76%. The bearish sentiment may be over now. Our system detected a BULLISH ENGULFING 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 ENGULFING pattern, if confirmed, indicates an upside potential of -3.48%. 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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