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 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 slightly stronger and the flow of money is rather balanced. 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 GTK.AX displayed a rally after the BUY signal which was issued on 21/11/2024. Since then, the gain in this stock stretched to a whopping 34%. 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
06/12/2024
 
B4P.AX
 
Last Signal
SELL
2211
Sell Level
1.5100
Sold at
1.4900
Close
1.4700
Gain%
-1.34
Bought on
06/12/2024
 
FEG.AX
 
Last Signal
BUY
2103
Buy Level
0.1575
Bought at
0.1595
Close
0.1700
Gain%
6.58
Sold on
06/12/2024
 
GTK.AX
 
Last Signal
SELL
2202
Sell Level
12.74
Sold at
12.71
Close
12.71
 
 
Bought on
05/12/2024
 
ITM.AX
 
Last Signal
STAY LONG
2203
Sell Level
0.0580
Bought at
0.0590
Close
0.0590
 
 
Sold on
05/12/2024
 
MSB.AX
 
Last Signal
STAY SHORT
2106
Buy Level
1.6650
Sold at
1.7450
Close
1.6600
Gain%
-4.87
Bought on
05/12/2024
 
NCC.AX
 
Last Signal
STAY LONG
2203
Sell Level
0.3575
Bought at
0.3595
Close
0.3600
Gain%
0.14
Sold on
05/12/2024
 
SIG.AX
 
Last Signal
STAY IN CASH
0
 
Sold at
2.8700
Close
2.8800
Loss%
0.35
Bought on
04/12/2024
 
ATG.AX
 
Last Signal
STAY LONG
2203
Sell Level
0.2775
Bought at
0.2780
Close
0.2900
Gain%
4.32
Sold on
04/12/2024
 
DEG.AX
 
Last Signal
STAY IN CASH
0
 
Sold at
1.8950
Close
1.9100
Loss%
0.79
Sold on
04/12/2024
 
HMC.AX
 
Last Signal
STAY IN CASH
60000
Buy Level
12.38
Sold at
12.19
Close
12.35
Loss%
1.31
Bought on
04/12/2024
 
VMM.AX
 
Last Signal
STAY LONG
2202
Sell Level
0.4200
Bought at
0.3950
Close
0.4200
Gain%
6.33
Sold on
03/12/2024
 
CTD.AX
 
Last Signal
STAY IN CASH
2101
Buy Level
14.07
Sold at
14.22
Close
14.07
Gain%
-1.05
Bought on
03/12/2024
 
KLI.AX
 
Last Signal
SHORT
2209
Sell Level
0.0565
Bought at
0.0580
Close
0.0520
Loss%
-10.34
Sold on
03/12/2024
 
SGI.AX
 
Last Signal
STAY IN CASH
0
 
Sold at
0.4650
Close
0.4600
Gain%
-1.08
Bought on
02/12/2024
 
DXN.AX
 
Dxn
 
Last Signal
STAY LONG
0
 
Bought at
0.0600
Close
0.0630
Gain%
5.00
Bought on
02/12/2024
 
JAT.AX
 
Jatcorp
 
Last Signal
STAY LONG
2202
Sell Level
0.3950
Bought at
0.3650
Close
0.3900
Gain%
6.85
Sold on
29/11/2024
 
CCR.AX
 
Last Signal
STAY IN CASH
2107
Buy Level
0.3350
Sold at
0.3475
Close
0.3350
Gain%
-3.60
Bought on
28/11/2024
 
DXB.AX
 
Dimerix
 
Last Signal
STAY LONG
2201
Sell Level
0.3550
Bought at
0.3380
Close
0.3550
Gain%
5.03
Bought on
28/11/2024
 
RSG.AX
 
Last Signal
STAY LONG
2203
Sell Level
0.4250
Bought at
0.4080
Close
0.4300
Gain%
5.39
Sold on
28/11/2024
 
VTM.AX
 
Last Signal
BUY
3110
Buy Level
0.3850
Sold at
0.3985
Close
0.3900
Gain%
-2.13
Bought on
27/11/2024
 
DDR.AX
 
Last Signal
STAY LONG
2202
Sell Level
8.4200
Bought at
8.4900
Close
8.7400
Gain%
2.94
Bought on
22/11/2024
 
EGL.AX
 
Last Signal
STAY LONG
70000
Sell Level
0.2650
Bought at
0.2750
Close
0.2600
Loss%
-5.45
Bought on
19/11/2024
 
EEG.AX
 
Last Signal
STAY LONG
2201
Sell Level
0.2200
Bought at
0.1920
Close
0.2300
Gain%
19.79
Bought on
15/11/2024
 
IMB.AX
 
Last Signal
STAY LONG
2203
Sell Level
0.5500
Bought at
0.5200
Close
0.5500
Gain%
5.77
Bought on
29/10/2024
 
ADA.AX
 
Last Signal
STAY LONG
2208
Sell Level
0.4050
Bought at
0.3200
Close
0.4150
Gain%
29.69
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