MARKET STATUS REPORT
Trend:
The market is BULLISH for the moment. The bulls are dominating the market. On the other hand, we can say that there are considerable signs of unrest among the bears. They may be seriously considering taking long positions, too. 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 RCR.AX 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 194%. 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
07/05/2024
 
5GG.AX
 
Last Signal
BUY
2109
Buy Level
0.0495
Bought at
0.0510
Close
0.0510
 
 
Sold on
07/05/2024
 
CU6.AX
 
Last Signal
SELL
4201
Sell Level
3.8100
Sold at
3.7700
Close
3.7000
Gain%
-1.86
Bought on
07/05/2024
 
RAD.AX
 
Last Signal
BUY
2111
Buy Level
0.0400
Bought at
0.0420
Close
0.0420
 
 
Sold on
07/05/2024
 
RCR.AX
 
Last Signal
SELL
2211
Sell Level
0.0980
Sold at
0.0970
Close
0.0890
Gain%
-8.25
Sold on
06/05/2024
 
LGI.AX
 
Lgi
 
Last Signal
STAY IN CASH
0
 
Sold at
2.9300
Close
2.9000
Gain%
-1.02
Bought on
06/05/2024
 
MAY.AX
 
Last Signal
STAY LONG
2205
Sell Level
0.0530
Bought at
0.0540
Close
0.0530
Loss%
-1.85
Sold on
06/05/2024
 
NGI.AX
 
Last Signal
STAY IN CASH
0
 
Sold at
1.8047
Close
1.7800
Gain%
-1.37
Bought on
06/05/2024
 
SPN.AX
 
Last Signal
STAY LONG
0
 
Bought at
0.2200
Close
0.2300
Gain%
4.55
Sold on
03/05/2024
 
ADT.AX
 
Last Signal
STAY IN CASH
0
 
Sold at
4.5100
Close
4.5700
Loss%
1.33
Bought on
03/05/2024
 
LAU.AX
 
Last Signal
SHORT
2204
Sell Level
0.9500
Bought at
0.9400
Close
0.9000
Loss%
-4.26
Sold on
03/05/2024
 
PGC.AX
 
Last Signal
STAY SHORT
60000
Buy Level
0.3400
Sold at
0.3150
Close
0.3450
Loss%
9.52
Bought on
03/05/2024
 
SGR.AX
 
Last Signal
STAY LONG
2203
Sell Level
0.4275
Bought at
0.4220
Close
0.4650
Gain%
10.19
Bought on
02/05/2024
 
BRX.AX
 
Last Signal
STAY LONG
2211
Sell Level
0.2200
Bought at
0.2170
Close
0.2200
Gain%
1.38
Sold on
02/05/2024
 
JMS.AX
 
Last Signal
BUY
2103
Buy Level
0.2850
Sold at
0.2920
Close
0.3000
Loss%
2.74
Sold on
02/05/2024
 
SXG.AX
 
Last Signal
STAY IN CASH
60000
Buy Level
2.5800
Sold at
2.3500
Close
2.8500
Loss%
21.28
Bought on
01/05/2024
 
JLL.AX
 
Last Signal
STAY LONG
2206
Sell Level
0.5975
Bought at
0.6300
Close
0.6000
Loss%
-4.76
Sold on
01/05/2024
 
QOR.AX
 
Qoria
 
Last Signal
BUY
2102
Buy Level
0.4300
Sold at
0.4260
Close
0.4350
Loss%
2.11
Bought on
30/04/2024
 
DUR.AX
 
Duratec
 
Last Signal
STAY LONG
2202
Sell Level
1.0100
Bought at
1.0250
Close
1.0300
Gain%
0.49
Bought on
30/04/2024
 
EVS.AX
 
Last Signal
STAY LONG
70000
Sell Level
0.0500
Bought at
0.0540
Close
0.0510
Loss%
-5.56
Sold on
30/04/2024
 
WA1.AX
 
Last Signal
BUY
2103
Buy Level
17.92
Sold at
17.42
Close
18.90
Loss%
8.50
Bought on
26/04/2024
 
BRI.AX
 
Last Signal
SHORT
70000
Sell Level
1.6000
Bought at
1.6825
Close
1.5800
Loss%
-6.09
Sold on
26/04/2024
 
MLX.AX
 
Last Signal
STAY IN CASH
2108
Buy Level
0.4375
Sold at
0.4400
Close
0.4400
 
 
Sold on
24/04/2024
 
FID.AX
 
Last Signal
STAY IN CASH
2108
Buy Level
7.9950
Sold at
8.0050
Close
7.9400
Gain%
-0.81
Sold on
23/04/2024
 
TGP.AX
 
Last Signal
STAY IN CASH
2102
Buy Level
0.6450
Sold at
0.6400
Close
0.6400
 
 
Bought on
19/04/2024
 
LIS.AX
 
Last Signal
STAY LONG
2203
Sell Level
0.1500
Bought at
0.1410
Close
0.1500
Gain%
6.38
Sold on
18/04/2024
 
NAN.AX
 
Last Signal
BUY
2102
Buy Level
2.8100
Sold at
2.7800
Close
2.9200
Loss%
5.04
Sold on
17/04/2024
 
INR.AX
 
Ioneer
 
Last Signal
STAY SHORT
2102
Buy Level
0.2000
Sold at
0.2030
Close
0.2000
Gain%
-1.48
Sold on
09/04/2024
 
RXM.AX
 
Last Signal
STAY IN CASH
2103
Buy Level
0.2250
Sold at
0.2305
Close
0.2200
Gain%
-4.56
Sold on
27/03/2024
 
RWC.AX
 
Last Signal
BUY
2103
Buy Level
5.0450
Sold at
5.6900
Close
5.0600
Gain%
-11.07
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