The chart above shows how
CMBTN declined after the
SELL signal which was issued on 19/01/2021. Since then, the stock price edged down by a hefty 17.90%. The bearish sentiment may be over now. Our system detected a
BULLISH HARAMI 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 HARAMI pattern, if confirmed, indicates an upside potential of 9.22%. 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!