The chart above shows the bullish rally of
VE.MI after the
BUY signal which was issued on 02-12-2019. The stock price edged up with a decent gain of 63.70%. The bullish mood, however, may be over. Our system detected a
BEARISH ONE BLACK CROW pattern which may be a sign of a market sentiment switching from bullish to bearish. This pattern deserves utmost attention because STAY LONG positions must be opened immediately in case of a confirmation. The
BEARISH ONE BLACK CROW pattern, if confirmed, indicates a downside potential of 11.30%. The bullish reaction rally may be over, but patience is required at this point! Do not forget that confirmation is the prerequisite for any further move!