MARKET STATUS REPORT
Trend:
The market is EXTREMELY BEARISH for the moment. On the other hand, we cannot say that the bulls 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 bears are very strong and the money is flowing in one direction only, out of the market. You also have to know that the money invested in the shares is getting more and more impatient for an exit!
OVERBOUGHT/OVERSOLD STOCKS
The chart above shows how FONC.SW displayed a rally after the BUY signal which was issued on 19.11.2024. Since then, the gain in this stock stretched to a whopping 7%. 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
20.12.2024
 
FONC.SW
 
Last Signal
SELL
2209
Sell Level
150.75
Sold at
150.50
Close
150.50
 
 
Bought on
20.12.2024
 
SWON.SW
 
Last Signal
BUY
2111
Buy Level
6.2700
Bought at
6.3000
Close
6.4200
Gain%
1.90
Sold on
19.12.2024
 
ABBA.SW
 
Last Signal
STAY IN CASH
4101
Buy Level
33.34
Sold at
34.68
Close
33.02
Gain%
-4.79
Bought on
18.12.2024
 
MBTN.SW
 
Last Signal
STAY LONG
0
 
Bought at
2.2140
Close
2.4140
Gain%
9.03
Sold on
18.12.2024
 
WIHN.SW
 
Last Signal
STAY IN CASH
2102
Buy Level
14.50
Sold at
16.34
Close
14.50
Gain%
-11.26
Bought on
17.12.2024
 
LEON.SW
 
Leonteq
 
Last Signal
STAY LONG
0
 
Bought at
19.34
Close
20.05
Gain%
3.67
Sold on
16.12.2024
 
Last Signal
STAY IN CASH
4101
Buy Level
7.2260
Sold at
9.3300
Close
7.1090
Gain%
-23.80
Sold on
13.12.2024
 
IUSA.SW
 
Last Signal
STAY IN CASH
2101
Buy Level
59.23
Sold at
60.27
Close
59.23
Gain%
-1.73
Sold on
12.12.2024
 
IUSE.SW
 
Last Signal
STAY IN CASH
0
 
Sold at
127.06
Close
123.70
Gain%
-2.64
Sold on
11.12.2024
 
SRI.SW
 
Last Signal
STAY IN CASH
2102
Buy Level
175.00
Sold at
175.50
Close
175.00
Gain%
-0.28
Sold on
09.12.2024
 
SQN.SW
 
Last Signal
STAY IN CASH
2103
Buy Level
345.40
Sold at
357.76
Close
337.40
Gain%
-5.69
Sold on
05.12.2024
 
FHZN.SW
 
Last Signal
STAY IN CASH
2101
Buy Level
222.80
Sold at
221.91
Close
215.00
Gain%
-3.11
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