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 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 stronger and more money is flowing out of the market. You also have to know that the money invested in shares does not feel safe anymore. Investors are worried that they may go down with the market.
OVERBOUGHT/OVERSOLD STOCKS
The chart above shows how LKE.AX displayed a rally after the BUY signal which was issued on 07/10/2024. Since then, the gain in this stock stretched to a whopping 74%. 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
22/10/2024
 
LKE.AX
 
Last Signal
SELL
2202
Sell Level
0.0740
Sold at
0.0730
Close
0.0650
Gain%
-10.96
Bought on
22/10/2024
 
LYL.AX
 
Last Signal
BUY
2109
Buy Level
11.16
Bought at
11.26
Close
11.32
Gain%
0.53
Sold on
22/10/2024
 
MSB.AX
 
Last Signal
SELL
2202
Sell Level
1.4375
Sold at
1.4275
Close
1.4200
Gain%
-0.53
Bought on
22/10/2024
 
SMP.AX
 
Last Signal
BUY
4101
Buy Level
0.6325
Bought at
0.6385
Close
0.6550
Gain%
2.58
Sold on
21/10/2024
 
BVS.AX
 
Last Signal
STAY IN CASH
0
 
Sold at
1.5150
Close
1.4750
Gain%
-2.64
Bought on
21/10/2024
 
CLG.AX
 
Last Signal
STAY LONG
2209
Sell Level
0.1825
Bought at
0.1820
Close
0.1900
Gain%
4.40
Bought on
21/10/2024
 
CNB.AX
 
Last Signal
STAY LONG
2202
Sell Level
0.3900
Bought at
0.3740
Close
0.3900
Gain%
4.28
Sold on
21/10/2024
 
DVP.AX
 
Last Signal
STAY IN CASH
0
 
Sold at
2.5200
Close
2.5100
Gain%
-0.40
Sold on
18/10/2024
 
360.AX
 
Last Signal
STAY IN CASH
0
 
Sold at
21.72
Close
22.16
Loss%
2.03
Bought on
18/10/2024
 
IEL.AX
 
Last Signal
STAY LONG
3201
Sell Level
13.71
Bought at
13.61
Close
13.71
Gain%
0.73
Sold on
18/10/2024
 
PGC.AX
 
Last Signal
STAY IN CASH
0
 
Sold at
0.4800
Close
0.4450
Gain%
-7.29
Bought on
18/10/2024
 
SPK.AX
 
Last Signal
SHORT
2211
Sell Level
2.7000
Bought at
2.7400
Close
2.6900
Loss%
-1.82
Sold on
17/10/2024
 
AHX.AX
 
Last Signal
STAY IN CASH
2103
Buy Level
0.5100
Sold at
0.5050
Close
0.5100
Loss%
0.99
Sold on
17/10/2024
 
OCC.AX
 
Last Signal
BUY
2109
Buy Level
0.6750
Sold at
0.6725
Close
0.7250
Loss%
7.81
Sold on
16/10/2024
 
MAH.AX
 
Last Signal
STAY IN CASH
2104
Buy Level
0.3638
Sold at
0.3585
Close
0.3300
Gain%
-7.95
Bought on
16/10/2024
 
SGQ.AX
 
Last Signal
STAY LONG
2209
Sell Level
0.0280
Bought at
0.0270
Close
0.0290
Gain%
7.41
Bought on
16/10/2024
 
VVA.AX
 
Last Signal
STAY LONG
2202
Sell Level
1.3050
Bought at
1.3410
Close
1.3300
Loss%
-0.82
Bought on
15/10/2024
 
ATC.AX
 
Last Signal
STAY LONG
2201
Sell Level
0.0420
Bought at
0.0430
Close
0.0430
 
 
Sold on
15/10/2024
 
IMB.AX
 
Last Signal
STAY IN CASH
2102
Buy Level
0.7300
Sold at
0.7620
Close
0.7350
Gain%
-3.54
Bought on
15/10/2024
 
SIG.AX
 
Last Signal
SELL
2203
Sell Level
1.8550
Bought at
1.8700
Close
1.8500
Loss%
-1.07
Sold on
11/10/2024
 
LTP.AX
 
Last Signal
STAY IN CASH
2103
Buy Level
1.7175
Sold at
1.9500
Close
1.5500
Gain%
-20.51
Sold on
10/10/2024
 
CNQ.AX
 
Last Signal
STAY SHORT
2109
Buy Level
0.3525
Sold at
0.3510
Close
0.3200
Gain%
-8.83
Bought on
10/10/2024
 
GSS.AX
 
Last Signal
SELL
4201
Sell Level
0.6575
Bought at
0.5850
Close
0.6400
Gain%
9.40
Sold on
10/10/2024
 
RGT.AX
 
Last Signal
STAY IN CASH
2103
Buy Level
0.3650
Sold at
0.4990
Close
0.3550
Gain%
-28.86
Sold on
09/10/2024
 
CETF.AX
 
Last Signal
STAY IN CASH
1101
Buy Level
55.31
Sold at
60.61
Close
56.53
Gain%
-6.73
Bought on
08/10/2024
 
PWR.AX
 
Last Signal
SELL
2201
Sell Level
1.7250
Bought at
1.6400
Close
1.7200
Gain%
4.88
Sold on
04/10/2024
 
BDX.AX
 
Last Signal
BUY
2109
Buy Level
0.1175
Sold at
0.1340
Close
0.1200
Gain%
-10.45
Sold on
02/10/2024
 
E25.AX
 
Last Signal
STAY IN CASH
2103
Buy Level
0.2950
Sold at
0.3200
Close
0.3000
Gain%
-6.25
Sold on
30/09/2024
 
CNI.AX
 
Last Signal
STAY IN CASH
2102
Buy Level
2.0000
Sold at
2.1000
Close
1.9150
Gain%
-8.81
Bought on
30/09/2024
 
CPU.AX
 
Last Signal
STAY LONG
2206
Sell Level
25.83
Bought at
25.22
Close
26.40
Gain%
4.68
Sold on
30/09/2024
 
SMI.AX
 
Last Signal
STAY IN CASH
2102
Buy Level
2.1200
Sold at
2.2800
Close
2.0000
Gain%
-12.28
Bought on
26/09/2024
 
TOY.AX
 
Last Signal
STAY LONG
2203
Sell Level
0.0700
Bought at
0.0710
Close
0.0690
Loss%
-2.82
Bought on
10/09/2024
 
PDN.AX
 
Last Signal
STAY LONG
2202
Sell Level
10.50
Bought at
8.4500
Close
12.76
Gain%
51.01
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