MARKET STATUS REPORT
Trend:
The market is moving SIDEWAYS for the moment. The bulls have an upper hand, but the bears are also not sleeping. 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 slightly stronger but the flow of money is rather balanced. 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 GCC.OL displayed a rally after the BUY signal which was issued on 08.04.2024. Since then, the gain in this stock stretched to a whopping 25%. 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
Bought on
03.05.2024
 
Last Signal
BUY
2101
Buy Level
0.9200
Bought at
0.9590
Close
0.9640
Gain%
0.52
Bought on
03.05.2024
 
Last Signal
BUY
2103
Buy Level
5.9200
Bought at
5.9600
Close
6.0000
Gain%
0.67
Sold on
03.05.2024
 
GCC.OL
 
Last Signal
SELL
2203
Sell Level
264.00
Sold at
257.50
Close
257.50
 
 
Sold on
02.05.2024
 
NAPA.OL
 
Last Signal
STAY IN CASH
0
 
Sold at
29.20
Close
28.90
Gain%
-1.03
Sold on
02.05.2024
 
SALM.OL
 
SalMar
 
Last Signal
STAY IN CASH
0
 
Sold at
685.17
Close
665.00
Gain%
-2.94
Bought on
02.05.2024
 
Last Signal
STAY LONG
0
 
Bought at
211.76
Close
211.60
Loss%
-0.08
Bought on
30.04.2024
 
HRGI.OL
 
Last Signal
SHORT
2202
Sell Level
3.7500
Bought at
3.8000
Close
3.7000
Loss%
-2.63
Sold on
30.04.2024
 
PARB.OL
 
Last Signal
STAY IN CASH
2102
Buy Level
57.50
Sold at
58.51
Close
57.50
Gain%
-1.73
Sold on
29.04.2024
 
AKBM.OL
 
Last Signal
STAY IN CASH
2101
Buy Level
70.50
Sold at
70.49
Close
70.50
Loss%
0.01
Bought on
29.04.2024
 
AKH.OL
 
Last Signal
STAY LONG
0
 
Bought at
2.7650
Close
3.3100
Gain%
19.71
Sold on
29.04.2024
 
MAS.OL
 
Masoval
 
Last Signal
STAY IN CASH
2106
Buy Level
30.75
Sold at
31.30
Close
30.00
Gain%
-4.15
Sold on
26.04.2024
 
Last Signal
STAY IN CASH
2103
Buy Level
15.69
Sold at
16.53
Close
15.64
Gain%
-5.38
Sold on
26.04.2024
 
NTI.OL
 
Last Signal
STAY IN CASH
3115
Buy Level
2.6600
Sold at
2.5078
Close
2.5400
Loss%
1.28
Bought on
25.04.2024
 
ORK.OL
 
Orkla
 
Last Signal
STAY LONG
4201
Sell Level
75.40
Bought at
73.65
Close
79.80
Gain%
8.35
Bought on
18.04.2024
 
Last Signal
STAY LONG
2201
Sell Level
8.3400
Bought at
8.2700
Close
8.8100
Gain%
6.53
Bought on
18.04.2024
 
SCHA.OL
 
Last Signal
STAY LONG
2202
Sell Level
312.80
Bought at
313.31
Close
327.80
Gain%
4.62
Bought on
15.04.2024
 
STB.OL
 
Last Signal
STAY LONG
1201
Sell Level
106.40
Bought at
94.65
Close
106.70
Gain%
12.73
Bought on
11.04.2024
 
GIGA.OL
 
Last Signal
STAY LONG
2201
Sell Level
7.9800
Bought at
6.4200
Close
8.0200
Gain%
24.92
Sold on
11.04.2024
 
OLT.OL
 
Last Signal
STAY IN CASH
2101
Buy Level
224.00
Sold at
220.00
Close
224.00
Loss%
1.82
Sold on
09.04.2024
 
BEWI.OL
 
BEWi
 
Last Signal
BUY
2102
Buy Level
29.40
Sold at
34.00
Close
29.50
Gain%
-13.24
Sold on
08.04.2024
 
Last Signal
STAY IN CASH
2108
Buy Level
9.9300
Sold at
14.24
Close
9.4000
Gain%
-33.99
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