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 stronger and more money is flowing into the market. You also have to know that the bulls are not very comfortable and they are closely watching the market for a timely exit.
OVERBOUGHT/OVERSOLD STOCKS
The chart above shows how FBR.AX displayed a rally after the BUY signal which was issued on 26/06/2024. Since then, the gain in this stock stretched to a whopping 106%. 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
16/07/2024
 
ALL.AX
 
Last Signal
SELL
4201
Sell Level
53.48
Sold at
53.28
Close
51.91
Gain%
-2.57
Bought on
16/07/2024
 
CCV.AX
 
Last Signal
BUY
3109
Buy Level
0.1825
Bought at
0.1845
Close
0.1850
Gain%
0.27
Sold on
16/07/2024
 
FBR.AX
 
Fbr
 
Last Signal
SELL
4201
Sell Level
0.0525
Sold at
0.0515
Close
0.0470
Gain%
-8.74
Bought on
16/07/2024
 
HIO.AX
 
Last Signal
BUY
2103
Buy Level
0.0260
Bought at
0.0270
Close
0.0270
 
 
Sold on
15/07/2024
 
AMI.AX
 
Last Signal
STAY IN CASH
2107
Buy Level
0.2150
Sold at
0.2180
Close
0.2150
Gain%
-1.38
Sold on
15/07/2024
 
BC8.AX
 
Last Signal
STAY IN CASH
2102
Buy Level
0.3600
Sold at
0.3510
Close
0.3600
Loss%
2.56
Bought on
15/07/2024
 
BMT.AX
 
Last Signal
STAY LONG
0
 
Bought at
0.2170
Close
0.2300
Gain%
5.99
Bought on
15/07/2024
 
MX1.AX
 
Micro-X
 
Last Signal
STAY LONG
0
 
Bought at
0.0810
Close
0.0770
Loss%
-4.94
Bought on
12/07/2024
 
PMT.AX
 
Last Signal
SELL
2207
Sell Level
0.5650
Bought at
0.5300
Close
0.5350
Gain%
0.94
Bought on
12/07/2024
 
SYA.AX
 
Last Signal
STAY LONG
2203
Sell Level
0.0330
Bought at
0.0340
Close
0.0330
Loss%
-2.94
Sold on
12/07/2024
 
TTT.AX
 
Titomic
 
Last Signal
BUY
2107
Buy Level
0.1200
Sold at
0.1200
Close
0.1400
Loss%
16.67
Sold on
12/07/2024
 
TUA.AX
 
Tuas
 
Last Signal
STAY IN CASH
60000
Buy Level
4.7400
Sold at
4.6500
Close
4.7200
Loss%
1.51
Sold on
11/07/2024
 
RCR.AX
 
Last Signal
STAY SHORT
2109
Buy Level
0.1250
Sold at
0.1340
Close
0.1050
Gain%
-21.64
Bought on
11/07/2024
 
VMM.AX
 
Last Signal
SHORT
2205
Sell Level
0.8900
Bought at
0.8530
Close
0.8650
Gain%
1.41
Sold on
11/07/2024
 
ZIP.AX
 
Zip Co
 
Last Signal
STAY IN CASH
2102
Buy Level
1.6450
Sold at
1.7430
Close
1.6050
Gain%
-7.92
Bought on
10/07/2024
 
APE.AX
 
Last Signal
STAY LONG
3210
Sell Level
10.44
Bought at
10.19
Close
10.44
Gain%
2.45
Bought on
10/07/2024
 
IMU.AX
 
Imugene
 
Last Signal
SELL
2205
Sell Level
0.0570
Bought at
0.0540
Close
0.0550
Gain%
1.85
Sold on
10/07/2024
 
RSG.AX
 
Last Signal
BUY
60000
Buy Level
0.6350
Sold at
0.6000
Close
0.6600
Loss%
10.00
Sold on
10/07/2024
 
YAL.AX
 
Last Signal
STAY IN CASH
3101
Buy Level
7.2600
Sold at
7.3350
Close
7.1400
Gain%
-2.66
Bought on
09/07/2024
 
ABY.AX
 
Last Signal
SHORT
70000
Sell Level
0.8200
Bought at
0.8500
Close
0.8000
Loss%
-5.88
Sold on
09/07/2024
 
CAJ.AX
 
Last Signal
STAY IN CASH
2103
Buy Level
0.3000
Sold at
0.2950
Close
0.2900
Gain%
-1.69
Sold on
09/07/2024
 
CDD.AX
 
Cardno
 
Last Signal
STAY IN CASH
2103
Buy Level
0.3900
Sold at
0.3775
Close
0.3600
Gain%
-4.64
Bought on
05/07/2024
 
RXL.AX
 
Last Signal
SELL
2202
Sell Level
0.1550
Bought at
0.1360
Close
0.1500
Gain%
10.29
Sold on
03/07/2024
 
MAU.AX
 
Last Signal
STAY IN CASH
2102
Buy Level
1.1450
Sold at
1.2200
Close
1.1450
Gain%
-6.15
Bought on
27/06/2024
 
BSX.AX
 
Last Signal
STAY LONG
2203
Sell Level
0.0515
Bought at
0.0480
Close
0.0500
Gain%
4.17
Sold on
20/06/2024
 
PLT.AX
 
Last Signal
STAY IN CASH
2102
Buy Level
0.7900
Sold at
0.7875
Close
0.7100
Gain%
-9.84
Sold on
19/06/2024
 
IIND.AX
 
Last Signal
BUY
2109
Buy Level
12.02
Sold at
12.36
Close
12.10
Gain%
-2.10
Bought on
13/06/2024
 
QPM.AX
 
Last Signal
SHORT
2201
Sell Level
0.0340
Bought at
0.0330
Close
0.0330
 
 
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