MARKET STATUS REPORT
Trend:
The market is moving SIDEWAYS for the moment. The bears have an upper hand, but the bulls 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.
OVERBOUGHT/OVERSOLD STOCKS
The chart above shows how DXB.AX displayed a rally after the BUY signal which was issued on 06/03/2024. Since then, the gain in this stock stretched to a whopping 37%. 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
18/03/2024
 
CXL.AX
 
Calix
 
Last Signal
BUY
2102
Buy Level
1.5375
Bought at
1.5495
Close
1.5550
Gain%
0.35
Sold on
18/03/2024
 
DXB.AX
 
Dimerix
 
Last Signal
SELL
2202
Sell Level
0.3250
Sold at
0.3100
Close
0.3100
 
 
Sold on
18/03/2024
 
GMD.AX
 
Last Signal
SELL
2203
Sell Level
1.8850
Sold at
1.8660
Close
1.8650
Gain%
-0.05
Bought on
15/03/2024
 
ARX.AX
 
Last Signal
STAY LONG
2201
Sell Level
0.5200
Bought at
0.5300
Close
0.5200
Loss%
-1.89
Bought on
15/03/2024
 
DGL.AX
 
Last Signal
STAY LONG
2202
Sell Level
0.6625
Bought at
0.6550
Close
0.6700
Gain%
2.29
Sold on
15/03/2024
 
WGX.AX
 
Last Signal
STAY IN CASH
0
 
Sold at
2.3500
Close
2.3600
Loss%
0.43
Sold on
15/03/2024
 
WTC.AX
 
Last Signal
STAY IN CASH
0
 
Sold at
94.80
Close
94.56
Gain%
-0.25
Bought on
14/03/2024
 
CUV.AX
 
Last Signal
STAY LONG
3210
Sell Level
13.94
Bought at
14.02
Close
13.94
Loss%
-0.57
Sold on
14/03/2024
 
PNV.AX
 
Last Signal
STAY IN CASH
0
 
Sold at
2.4650
Close
2.3500
Gain%
-4.67
Sold on
14/03/2024
 
ZIP.AX
 
Zip Co
 
Last Signal
BUY
2105
Buy Level
1.2950
Sold at
1.2780
Close
1.3700
Loss%
7.20
Sold on
13/03/2024
 
SGA.AX
 
Last Signal
STAY IN CASH
2109
Buy Level
0.2550
Sold at
0.2400
Close
0.2000
Gain%
-16.67
Sold on
13/03/2024
 
SPR.AX
 
Last Signal
STAY IN CASH
2111
Buy Level
0.6400
Sold at
0.6175
Close
0.5800
Gain%
-6.07
Bought on
13/03/2024
 
SVR.AX
 
Solvar
 
Last Signal
STAY LONG
2203
Sell Level
0.9550
Bought at
0.9600
Close
1.0050
Gain%
4.69
Bought on
12/03/2024
 
E25.AX
 
Last Signal
STAY LONG
2203
Sell Level
0.1975
Bought at
0.1945
Close
0.2650
Gain%
36.25
Sold on
12/03/2024
 
OBM.AX
 
Last Signal
STAY IN CASH
2103
Buy Level
0.2600
Sold at
0.2650
Close
0.2500
Gain%
-5.66
Bought on
11/03/2024
 
ASH.AX
 
Last Signal
STAY LONG
2202
Sell Level
0.2250
Bought at
0.2100
Close
0.2250
Gain%
7.14
Sold on
11/03/2024
 
CDA.AX
 
Codan
 
Last Signal
STAY IN CASH
3111
Buy Level
10.57
Sold at
10.35
Close
10.55
Loss%
1.93
Bought on
11/03/2024
 
VIT.AX
 
Last Signal
STAY LONG
2203
Sell Level
0.1475
Bought at
0.1460
Close
0.1500
Gain%
2.74
Sold on
08/03/2024
 
GSS.AX
 
Last Signal
STAY IN CASH
0
 
Sold at
0.7100
Close
0.6350
Gain%
-10.56
Sold on
08/03/2024
 
MYX.AX
 
Last Signal
STAY IN CASH
2106
Buy Level
6.8050
Sold at
6.9800
Close
6.8000
Gain%
-2.58
Bought on
06/03/2024
 
AEE.AX
 
Last Signal
SHORT
2210
Sell Level
0.2200
Bought at
0.2320
Close
0.1700
Loss%
-26.72
Bought on
06/03/2024
 
CSS.AX
 
Last Signal
STAY LONG
2205
Sell Level
0.2450
Bought at
0.2470
Close
0.2450
Loss%
-0.81
Sold on
05/03/2024
 
GHY.AX
 
Last Signal
STAY IN CASH
2103
Buy Level
1.2300
Sold at
1.5440
Close
1.1850
Gain%
-23.25
Bought on
05/03/2024
 
ZIM.AX
 
Last Signal
STAY LONG
0
 
Bought at
16.15
Close
16.78
Gain%
3.90
Bought on
04/03/2024
 
STX.AX
 
Last Signal
STAY LONG
2202
Sell Level
0.2400
Bought at
0.2200
Close
0.2400
Gain%
9.09
Sold on
04/03/2024
 
WCMQ.AX
 
Last Signal
STAY IN CASH
2111
Buy Level
8.9900
Sold at
8.9600
Close
8.9000
Gain%
-0.67
Sold on
01/03/2024
 
CURE.AX
 
Last Signal
STAY IN CASH
2102
Buy Level
49.50
Sold at
53.43
Close
49.47
Gain%
-7.41
Bought on
01/03/2024
 
HSN.AX
 
Last Signal
SHORT
2206
Sell Level
5.1050
Bought at
4.8300
Close
5.0200
Gain%
3.93
Bought on
27/02/2024
 
FGR.AX
 
Last Signal
STAY LONG
2201
Sell Level
0.0570
Bought at
0.0590
Close
0.0570
Loss%
-3.39
Sold on
27/02/2024
 
NTI.AX
 
Last Signal
STAY IN CASH
2111
Buy Level
0.0990
Sold at
0.1140
Close
0.0940
Gain%
-17.54
Sold on
21/02/2024
 
ALU.AX
 
Altium
 
Last Signal
STAY IN CASH
2103
Buy Level
65.39
Sold at
65.60
Close
65.21
Gain%
-0.59
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