MARKET STATUS REPORT
Trend:
The market is BULLISH for the moment. The bulls are dominating the market. On the other hand, we cannot say that the bears are very happy, but they do not want to change their positions yet. In fact, there is not much appetite for confirming bearish patterns.
Money Flow:
Currently, the bulls are very strong and the money is flowing in one direction only, into the market. You also have to know that the bears are not very comfortable and they are closely watching the market for a timely entry.
The chart above shows how MTIG.MI displayed a rally after the BUY signal which was issued on 22-04-2024. Since then, the gain in this stock stretched to a whopping 169%. We see, however, enough hints pointing to the fact that the conditions are now ripening for at least a market correction. Our system confirmed this emerging bearish mood by issuing a SELL signal. The signal has just been issued, so it is not late to run to safety by selling this stock. It is still early to say if this is a decisive market top or merely a correction but it is evidently the right time to take the profits in order to prevent any disappointment in the future.
Watch Recommended Stocks
Sold on
10-05-2024
 
GROW.MI
 
Last Signal
SELL
2201
Sell Level
7.1200
Sold at
7.1000
Close
7.1000
 
 
Sold on
10-05-2024
 
MTIG.MI
 
Last Signal
SELL
2201
Sell Level
42.02
Sold at
41.96
Close
41.96
 
 
Bought on
10-05-2024
 
ZV.MI
 
Last Signal
BUY
2102
Buy Level
12.70
Bought at
12.72
Close
12.72
 
 
Bought on
09-05-2024
 
ECMB.MI
 
Last Signal
STAY LONG
0
 
Bought at
5.1150
Close
5.3000
Gain%
3.62
Sold on
09-05-2024
 
IF.MI
 
Last Signal
STAY SHORT
2103
Buy Level
21.03
Sold at
20.78
Close
20.74
Gain%
-0.19
Sold on
09-05-2024
 
ITBL.MI
 
Last Signal
STAY IN CASH
2102
Buy Level
380.55
Sold at
376.77
Close
380.23
Loss%
0.92
Bought on
09-05-2024
 
SBUX.MI
 
Last Signal
STAY LONG
0
 
Bought at
69.10
Close
70.53
Gain%
2.07
Sold on
08-05-2024
 
3AMZ.MI
 
Last Signal
STAY IN CASH
60000
Buy Level
9.8540
Sold at
9.7085
Close
9.6360
Gain%
-0.75
Bought on
08-05-2024
 
3SNV.MI
 
Last Signal
STAY LONG
0
 
Bought at
0.1252
Close
0.1251
Loss%
-0.08
Bought on
08-05-2024
 
QQQS.MI
 
Last Signal
STAY LONG
2201
Sell Level
9.7910
Bought at
9.8790
Close
9.7860
Loss%
-0.94
Sold on
07-05-2024
 
BIRO.MI
 
Last Signal
STAY IN CASH
0
 
Sold at
0.6300
Close
0.5800
Gain%
-7.94
Bought on
07-05-2024
 
INTC.MI
 
Last Signal
STAY LONG
70000
Sell Level
28.52
Bought at
28.94
Close
28.11
Loss%
-2.87
Bought on
07-05-2024
 
MTV.MI
 
Last Signal
STAY LONG
2207
Sell Level
0.2100
Bought at
0.2012
Close
0.2080
Gain%
3.38
Bought on
06-05-2024
 
EEMS.MI
 
Last Signal
STAY LONG
2208
Sell Level
0.1912
Bought at
0.1955
Close
0.1935
Loss%
-1.02
Sold on
06-05-2024
 
PHIA.MI
 
Last Signal
BUY
2101
Buy Level
24.57
Sold at
24.91
Close
24.89
Gain%
-0.08
Sold on
02-05-2024
 
3HCL.MI
 
Last Signal
STAY IN CASH
2101
Buy Level
19.24
Sold at
19.37
Close
20.24
Loss%
4.49
Bought on
02-05-2024
 
Last Signal
STAY LONG
2208
Sell Level
0.2745
Bought at
0.2171
Close
0.3146
Gain%
44.91
Sold on
30-04-2024
 
BULL.MI
 
Last Signal
BUY
2108
Buy Level
22.25
Sold at
22.27
Close
22.64
Loss%
1.66
Bought on
30-04-2024
 
Last Signal
SHORT
2201
Sell Level
18.67
Bought at
18.87
Close
18.19
Loss%
-3.60
Bought on
29-04-2024
 
JUVE.MI
 
Last Signal
STAY LONG
2202
Sell Level
1.8862
Bought at
1.7482
Close
1.9108
Gain%
9.30
Bought on
26-04-2024
 
ARIS.MI
 
Last Signal
STAY LONG
2201
Sell Level
5.0100
Bought at
4.7980
Close
5.1650
Gain%
7.65
Bought on
19-04-2024
 
NWL.MI
 
Last Signal
STAY LONG
2202
Sell Level
5.9600
Bought at
5.8000
Close
6.2100
Gain%
7.07
Bought on
18-04-2024
 
SIT.MI
 
SIT
 
Last Signal
SELL
2202
Sell Level
2.1600
Bought at
1.6230
Close
2.1500
Gain%
32.47
Bought on
17-04-2024
 
3BRS.MI
 
Last Signal
STAY LONG
2201
Sell Level
0.7358
Bought at
0.6422
Close
0.7306
Gain%
13.77
Sold on
08-04-2024
 
BASF.MI
 
BASF N
 
Last Signal
STAY IN CASH
2105
Buy Level
49.74
Sold at
53.78
Close
48.76
Gain%
-9.33
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