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by Americanbulls.com LLC
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Last Update
28/10/2020
MARKET STATUS REPORT, 28/10/2020
The market is EXTREMELY BEARISH for the moment. The bulls have totally disappeared. They must be hiding behind the woods, waiting for the right time for a counterattack! 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 stronger and more money is flowing out of the market. You have to also know that the money waiting at the sidelines is not comfortable anymore. Sideliners are worried that they may be missing the bulls’ train.
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Stock Chart
The <a href=http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=2101>BULLISH ENGULFING</a>...KLGYO KILER GAYRIMENKUL YATIRIM A Close : 12.9000 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 KLGYO dropped after the SELL signal which was issued on 21/10/2020. Since then, the stock price edged down by a hefty 22.81%. This brutal bear move, however, may be over now. Our system verifies this change of mood by issuing a BUY signal. The BULLISH ENGULFING pattern that led to this bullish signal indicates that there is an upside potential of 19.70%. The signal has just been issued, so it is not late at all to throw the dice for a possible run-up. The overstretched correction seems to be over, at least for the moment. It may be the right time to join the bulls who started to show a reinstated enthusiasm for this stock.
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Last EOD Update Results 
Date 
Symbol 
Signal 
Avg. Price 
Signal 
Pattern 
Last 
Change% 
28/10/2020
KLGYO  
BUY12.2300BUY
2101
12.9000+5.48
05/10/2020
SONME  
BUY15.7400STAY LONG
4201
24.0800+52.99

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