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 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.
The chart above shows how CNEW.AX displayed a rally after the BUY signal which was issued on 17/09/2024. Since then, the gain in this stock stretched to a whopping 50%. 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
08/10/2024
 
CNEW.AX
 
Last Signal
SELL
4201
Sell Level
7.7700
Sold at
7.7400
Close
7.2700
Gain%
-6.07
Bought on
08/10/2024
 
DGL.AX
 
Last Signal
BUY
2102
Buy Level
0.4600
Bought at
0.4640
Close
0.4750
Gain%
2.37
Sold on
08/10/2024
 
IDX.AX
 
Last Signal
SELL
2201
Sell Level
3.0200
Sold at
3.0100
Close
3.0100
 
 
Bought on
08/10/2024
 
PWR.AX
 
Last Signal
BUY
2102
Buy Level
1.6300
Bought at
1.6400
Close
1.6800
Gain%
2.44
Sold on
07/10/2024
 
FFM.AX
 
Last Signal
STAY IN CASH
2103
Buy Level
1.0450
Sold at
1.0300
Close
1.0450
Loss%
1.46
Bought on
07/10/2024
 
FHE.AX
 
Last Signal
STAY LONG
0
 
Bought at
0.1300
Close
0.1400
Gain%
7.69
Sold on
04/10/2024
 
AIM.AX
 
Last Signal
STAY IN CASH
2102
Buy Level
0.8050
Sold at
0.8000
Close
0.8050
Loss%
0.63
Sold on
04/10/2024
 
BDX.AX
 
Last Signal
STAY IN CASH
2107
Buy Level
0.1300
Sold at
0.1340
Close
0.1300
Gain%
-2.99
Bought on
04/10/2024
 
BRU.AX
 
Last Signal
SHORT
2201
Sell Level
0.0670
Bought at
0.0680
Close
0.0650
Loss%
-4.41
Sold on
03/10/2024
 
EZZ.AX
 
Last Signal
STAY IN CASH
60000
Buy Level
4.6400
Sold at
4.4700
Close
4.3900
Gain%
-1.79
Sold on
03/10/2024
 
SDR.AX
 
Last Signal
STAY IN CASH
0
 
Sold at
6.2500
Close
6.1500
Gain%
-1.60
Bought on
03/10/2024
 
SPK.AX
 
Last Signal
SHORT
2205
Sell Level
2.8500
Bought at
2.8100
Close
2.7800
Loss%
-1.07
Sold on
02/10/2024
 
E25.AX
 
Last Signal
STAY IN CASH
2101
Buy Level
0.3400
Sold at
0.3200
Close
0.3200
 
 
Bought on
02/10/2024
 
PAR.AX
 
Last Signal
SHORT
2210
Sell Level
0.2000
Bought at
0.1970
Close
0.1950
Loss%
-1.02
Bought on
02/10/2024
 
THL.AX
 
Last Signal
STAY LONG
2205
Sell Level
1.6400
Bought at
1.6400
Close
1.6400
 
 
Bought on
01/10/2024
 
ACW.AX
 
Last Signal
STAY LONG
2203
Sell Level
0.0255
Bought at
0.0260
Close
0.0270
Gain%
3.85
Sold on
01/10/2024
 
QAN.AX
 
Last Signal
BUY
2105
Buy Level
7.0000
Sold at
7.1700
Close
7.1300
Gain%
-0.56
Sold on
30/09/2024
 
CNI.AX
 
Last Signal
STAY IN CASH
2109
Buy Level
2.0400
Sold at
2.1000
Close
1.9650
Gain%
-6.43
Bought on
30/09/2024
 
CPU.AX
 
Last Signal
STAY LONG
2206
Sell Level
25.83
Bought at
25.22
Close
25.92
Gain%
2.78
Sold on
30/09/2024
 
SMI.AX
 
Last Signal
STAY IN CASH
0
 
Sold at
2.2800
Close
2.2200
Gain%
-2.63
Bought on
30/09/2024
 
SNAS.AX
 
Last Signal
STAY LONG
2202
Sell Level
1.3700
Bought at
1.3500
Close
1.3750
Gain%
1.85
Sold on
27/09/2024
 
PXA.AX
 
Last Signal
STAY IN CASH
0
 
Sold at
14.90
Close
14.26
Gain%
-4.30
Sold on
26/09/2024
 
ASB.AX
 
Austal
 
Last Signal
STAY IN CASH
2101
Buy Level
2.9100
Sold at
2.9000
Close
2.7600
Gain%
-4.83
Bought on
26/09/2024
 
TOY.AX
 
Last Signal
STAY LONG
2203
Sell Level
0.0700
Bought at
0.0710
Close
0.0700
Loss%
-1.41
Bought on
20/09/2024
 
ITM.AX
 
Last Signal
STAY LONG
2203
Sell Level
0.0730
Bought at
0.0700
Close
0.0730
Gain%
4.29
Sold on
20/09/2024
 
PMV.AX
 
Last Signal
BUY
2105
Buy Level
30.57
Sold at
34.29
Close
31.01
Gain%
-9.57
Bought on
19/09/2024
 
CUS.AX
 
Last Signal
STAY LONG
2205
Sell Level
0.0480
Bought at
0.0460
Close
0.0510
Gain%
10.87
Bought on
19/09/2024
 
QHL.AX
 
Last Signal
STAY LONG
2203
Sell Level
0.2600
Bought at
0.2220
Close
0.2750
Gain%
23.87
Bought on
18/09/2024
 
VEA.AX
 
Last Signal
STAY LONG
3210
Sell Level
2.9900
Bought at
2.8650
Close
2.9900
Gain%
4.36
Sold on
18/09/2024
 
VYS.AX
 
Vysarn
 
Last Signal
STAY IN CASH
2103
Buy Level
0.4950
Sold at
0.4650
Close
0.4600
Gain%
-1.08
Bought on
10/09/2024
 
PDN.AX
 
Last Signal
STAY LONG
2202
Sell Level
10.50
Bought at
8.4500
Close
11.81
Gain%
39.76
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